Research FLYING HIGH
Isolated “fly-in” mines are not the big contributors to the wealth of the north that conventional wisdom assumes. In fact, according to two researchers at Memorial University in Newfoundland, employme…
News
LETTERS COMPRESSED AIR DEVICE A Perennial Problem
In your Editor’s Note in the October issue, you deplored many companies’ practice of describing their ore reserves in words perhaps inspiring, but actually meaningless. I share your frustration, but n…
Editor’s Note GETTING THE STORY
Assistant Editor Thom Loree wants it publicly known that his hastily Aarranged departure from Nanisivik had nothing whatever to do with the cold and the howling wind. Loree had been there visiting the…
POLAR PRODUCERS FARO
Roads do indeed lead to resources. The lead/zinc mine in the Pelly River region of central Yukon illustrates this point beautifully. Were it not for the all-weather road there, the 58-million-tonne Fa…
SHIPPING CONCENTRATES
Nanisivik is accessible by ice-strengthened ships from August through mid-October. Shiploads of supplies from Montreal arrive each summer to replace dwindling inventories. An ice-breaking bulk cargo s…
GEOLOGY OF THE NANISIVIK DEPOSIT
The Nanisivik zinc-lead deposit, on the northern end of Baffin Island, consists of massive sulphides within dolomite of the Society Cliffs Formation of Helikian age. Pyrite is the main mineral, but in…
CORONA CORP (excluding Williams Mine)
For 12-month period ended Sept 30, 1988. In millions of dollars, except per-share figures. 1988 1987 Assets $644.0 $617.4 Long-term debt $87.1 $125.1 Revenue $166.2 $102.1 Earnings …
INCO LIMITED
For 9-month period ended Sept 30, 1988. In millions of U.S. dollars, except per-share figures. 1988 1987 Assets $3,631 $2,994 Long-term debt $1,250 $8…
First gold for Cheni
The first gold has been poured from the Lawyers gold-silver mine owned by Cheni Gold Mines (TSE). Located in British Columbia, the Lawyers mine is expected to produce 40,000 oz of gold and one million…
ECHO BAY MINES
For 9-month period ended Sept 30, 1988. In millions of U.S. dollars, except per-share figures. 1988 1987 Assets $790.1 $534.4 Long-term debt $155.5 $77.2 Revenue $191.6 $155.9 Earnings …
Nova-Cogesco funds
Recently completing a private placement worth $750,000 and involving three individual investors was Nova-Cogesco Resources (TSE). The company reports it issued 155,175 treasury shares at $1.45 each an…
Stan West search
Stan West Mining (TSE) is seeking an equity partner for its gold mine in Arizona. The participation by another partner may include the sale of all or a portion of Stan West’s assets, Frank Crerie, cha…