COOKIE JAR MINING
Gordon Strasser, a 59-year-old mining engineer, calls it “cookie jar mining.” The term describes a new method of mining those isolated pockets of rich gold mineralization which are too small to justi…
News
Specs SECURE GROUND
As our mines grow older, our miners are working in stopes which are deeper and deeper underground. Some stopes are 6,000 ft below surface and two new base metals discoveries in the Sudbury Basin — th…
World Gold ’89
In the fall of 1989, a major symposium focusing on all aspects of the gold mining industry of North America and Australia will be sponsored jointly by the Society of Mining Engineers of AIME and Austr…
Research UNDERWATER PERIL?
Mine tailings that are dumped Minto lakes and other bodies Mof water are sometimes viewed with suspicion. Many people worry that the tailings contaminate drinking water. But studies done by Prof Thoma…
Why some mines fail to work
Once known as John F. Kennedy’s campaign song, the words of that popular tune from the 1960s mirrors the hopeful expectations of every mining company. Armed with a positive feasibility study, more tha…
People (October 03, 1988)
NEWMONT MINING CORP — Richard B. Leather elected vice- chairman.
Exploration Boom in Northwestern B.C.
For the past several years northwestern British Columbia has experienced an exploration boom, and although it’s still early in the game, three gold camps have already been carved out of this rugged an…
Spot prices at a glance (October 03, 1988)
Week’s Price (US) Change Gold (per oz) $397.65 $3.95 Silver (per oz) $6.18 $0.01 Platinum (per oz) $495.00 + $3.00 Copper (per lb) $1.14 + $0.03 Lead (per lb) …
Exploration needed to bolster dwindling base metal reserves
Canada’s position as a metals producer can’t be maintained without finding ** more deposits ** In the search for new mineral deposits, the preoccupation with gold in recent ye…
Some of Canada’s best gold exploration projects
There are more than 100 advanced gold exploration projects in Canada today. The editors of The Northern Miner have tried to select some of the most promising gold exploration plays as the 1988 field …
NO-FRILLS PRODUCER
American Barrick’s wholly-owned Camflo mine 12 miles west of Val d’Or, Que., rates but one page in the company’s 62-page, 1987 annual report. Barrick’s Mercur and Holt-McDermott mines and the Nevada g…
Hedging their bets (October 03, 1988)
A falling gold price might normally cause gold-mine operators to shudder, but recent developments in bank-related financing and hedging techniques have afforded a degree of protection to big and small…