News


TURNAROUND Renabie

The Renabie gold mine, in north-central Ontario, was dogged by financial troubles practically from its inception in the late 1940s. The federal government’s Emergency Gold Mining Act saw it through pe…


FINANCING (May 01, 1989)

ONTARIO Chieftain Int’l — final rec iss offer 8,250,000 @ $13.50(US) to net $107,476,875(US). VANCOUVER Bunker Hill Mng — opt exerc on 700,000 @ $3 per sh. Jacqueline Gold Corp — opt exerc on 100,0…


Mill start up at Highland Valley

In a move to expand production and increase operating efficiency, Highland Valley Copper relocated two previously shut-down mills to a site adjacent to the former Lornex milling complex at its huge co…


Restigouche may be next base metal mine in N.B.

New Brunswick’s fourth base metal producer could go into production this fall if negotiations involving Marshall Minerals (ASE) and East West Caribou Mining are successful. Toronto-based Marshall has …


DETOUR LAKE

When we last visited the Detour Lake operation, 209 km northeast of Timmins, Ont., miners were just beginning to pull up gold from underground following a brief but troubled open-pit phase. Today, one…


What’s New Portable Crusher

RMS Ross Corp., of Sardis, B.C. is marketing a portable jaw crusher. Mounted and operated on a light- weight steel frame, the Kinetic Crusher uses a comparatively small motor (40 hp) and transfers rel…


What’s New Process Control on PC

A software package for process control has been developed by Combustion Engineering of Toronto. Part of the company’s MOD 30 Plus system, the software is the first step in providing a low-cost, small-…


Inco, Golden Knight encouraged

Partners Inco Gold and Golden Knight Resources (TSE) recently received some encouraging results from the discovery area at their Casa Berardi, Que., gold property. In a 60%-Inco, 40%-Golden Knight joi…


What’s New Blast Monitor

Instantel Inc. of Kanata, Ont., is marketing a new family of seismographs suitable for blast monitoring. The DS-677 BlastMate features electronic storage of up to 30 blast events and a computer interf…


What’s New Rock Breakers

Two new light-duty impact breakers have been introduced by Ohio- based Allied. Both hammers feature a patented hydraulic design. A nitrogen gas charge minimizes oil fed by the carrier pump, according …


Nickel price up as strike looms at Falconbridge

In a bid to avoid a strike that could cripple Falconbridge Ltd.’s (TSE) Sudbury, Ont., operations and send nickel prices shooting upward, the company is attempting to reach a new wage settlement with …


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