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 …
News
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 …
Zinc prices boost Pine Point earnings (May 01, 1989)
Record zinc prices combined with record production from the Polaris mine in the Northwest Territories, led to record earnings for Pine Point Mines (TSE) in 1988. The company earned $62 million or $13….
Editorial Mining and the movies
The story of Corona Corp.’s rise to prominence is like the script from a Hollywood movie, one of those Saturday afternoon matinees from days gone by that seem to continue forever, episode after episod…
Beauchamps takes option from Curator
Beauchamps Exploration (VSE) has acquired an option to earn a 50% interest in a promising porphyry copper-gold deposit in the Stikine area of northern British Columbia. The vendor is International Cur…
Nelson conference reflects interest in Kootenay
If the turnout at the Kootenay Exploration and Mining Conference in Nelson is any indication, there is plenty of interest in the exploration potential of the Kootenay region. The conference was sponso…
Power to pay shares for Moss properties
An agreement has been signed between Moss Resources (ASE) and Power Explorations (TSE) that will see Moss transfer all its property interests in projects jointly held with Power, to Power in return fo…
Stainless steel growth boosts chromium
The strong growth in stainless steel applications has nickel producers smiling, but it’s good news for chromium producers too. Chromium consumption rose 30% in 1988 compared with the previous year. Th…
Cross-Cuts NASA MINES LTD.
It now lies within the realm of possibility, if not probability, that by early in the next century geologists will be chipping at rocks on the surface of the moon in a serious mine-finding effort. Moo…
Acadia buys Guinness
Acadia Mineral Ventures (TSE) has acquired a 60% equity interest in Guinness Gold Resources (ASE). Under the terms of the agreement, Acadia will transfer its interest in several claims in New Brunswic…
Maintenance REMOTE CONTROL
Climatic extremes and remoteness make mining in the subarctic a costly business. Mine managers must be tight-fisted to keep a lid on costs and ever vigilant so that facilities aren’t suddenly idled be…
Metal Prices (May 01, 1989)
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Apr 25 Apr 24 Apr 21 Apr 20 Apr 19 Copper 1800-18…