News

Abcourt-Barvue closed

Citing low silver prices, decreasing grades and high costs, Abcourt Mines (ME) says it will close its Abcourt-Barvue silver mine in Quebec at the end of March. A major operating cost was incurred from…


Rio Algom eyes B.C. copper bet

A porphyry copper-gold prospect held by a unit of BP Canada (TSE) and Digger Resources (VSE) north of Fort St. James, B.C., has attracted the attention of Rio Algom (TSE). Rio Algom signed a letter of…


COATS (over-the-counter) Copperquest firm

Copperquest, the first junior mining company to complete a financing in 1990, is now trading in the 23-25 cents range. The financing, done at 21 cents , involved about 1.5 million shares of Copperque…



Capital spending booming as Sudbury mines come open

Although a recent drop in the market price of nickel on the London Metal Exchange has prompted cost-cutting action by two of Canada’s nickel producers (T.N.M., Jan. 29/90) big capital expenditure prog…



Northair drilling Deception Lake

The first four holes of a 20-hole surface drill program were completed by Northair Mines (TSE) on the Deception Lake property, 114 miles north of La Ronge, Sask. Northair, which is earning a 51% inter…



CONFIDENTIALLY . . .

Confidentiality agreements have been around for a long time, but ever since Mr Justice Holland handed down the trial judgment in the Williams mine case involving LAC Minerals and Corona Corp. and awar…


NATIVE MINERS

It is 1960 and the federal government is wringing its hands over what to do with the Inuit it had moved to Rankin Inlet, on the west coast of Hudson Bay, from the central Arctic. Suddenly, the bureauc…


BLASTHOLE DRILLS

Efficient blasthole drilling can lower the cost of blasting overburden and ore in open pit mines. Low drilling costs mean larger pits and higher strip ratios can be justified. At least eight drill rig…


On the Move (February 01, 1990)

James Sackston has been appointed to the position of vice-president, sales and marketing, of Landry Filtration Products. The company is based in Concord, Ont. Joining Dresser’s parts division in Broad…


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