News

Letters: COMPUTER BUGS

In his article “And Now the Bad News” in the June issue, Kerry Knoll listed several reasons for the misfortune of a substantial number of gold mining projects. Understanding why some projects have fai…


Flowsheet: THE GOLDEN GIANT MILL; Part One of Two

Hemlo Gold Mines, owns and operates the Golden Giant mine, near Marathon, Ont. The mine is one of three gold operations exploiting the large gold orebody in the Hemlo area. Milling facilities include…


Editor’s Note: GOVERNMENT’S ROLE

At one time, government’s reach into Canadian society was limited to provider and custodian of infrastructure, specifically roads and such. Today, it would be easier and quicker to show where governme…


Suppliers’ Notes (December 01, 1989)

Shareholders of R. Angus Alberta have announced their intention to sell their shares in R. Angus Alberta and its subsidiary companies to Finning Ltd. of Vancouver, B.C. Based in Alberta, R. Angus is …


Calendar (December 01, 1989)

Jan 21-23, Houston, Tex. World of Concrete ’90. Exhibition is scheduled for the Houston Astrodome. Contact Becky Auten at 1-800-323-3550. Jan 24-26, Golden, Colo. Ore Reserve Estimation & Mine-plannin…


FUTURES PRICES (November 27, 1989)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Dec111.80 110.80 111.80 — 4.40 Jan109.20 108.00 109.30 — 4.90 Feb108.00 108.00 10…



Correction (November 27, 1989)

Contrary to what was reported (N.M., Nov 20/89), Quebec businessman Jacques Forget holds a 6.3% stake in Dumagami Mines (TSE) through his Montreal-based investment firm Invesfor.


IOCC GOLD OPTIONS (November 27, 1989)

Options Open SeriesVolumeLastInterest Feb 370 C * 43840.50 676 Feb 380 C * 67232.801,230 Feb 390 C * 37322.001,396 Feb 400 C .1,39718.002,768 Feb 410 C * 61812.50 274 Feb 420 C .2,099 9.50 850…


Spot prices at a glance (November 27, 1989)

Week’s Price (US) Change Gold*$406.60+$16.10 Silver*$ 5.80+$ 0.43 Platinum*$532.50+$22.10 Nickel**$ 4.35$ 0.19 Lead**$ 0.30$ 0.02 Copper$ 1.12–$ 0.07 Zinc$ 0.63$ 0.03 Courtesy of Scotiabank….


No blasting necessary Photo by The Northern Miner

About 35 prominent mining men came out to Howden Canada’s manufacturing plant in Scarborough, Ont., recently to witness the official unveiling of a tunnel-boring machine, designed specifically for har…


Toronto Stock Exchange Indices (November 27, 1989)

1989 Nov 21Nov 20Nov 17Nov 16Nov 15HIGH LOW Composite “300” 3933.613947.533957.573946.023968.664037.833353.13 Metals & Minerals 3362.203385.633403.613371.453418.023919.203207.50 Integrated mines 3500…


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