News


Eureka, Hawthorne study suggests mine possible

An independent engineering study indicates a 3-year mine life at the Mindora gold-silver project of Eureka Resources (VSE) and Hawthorne Gold (VSE). Eureka President Jack O’Neill says the companies ar…


Normabec on ME

Junior-mining company Normabec Resources of Rouyn-Noranda, Que., was recently listed for trading on the Montreal Exchange (symbol NMB). The company owns eight properties in a number of Quebec township…


Editorial Giving birth to a giant

July 1, Canada Day, will mark the beginning of a new major mining company in Canada. That’s the day a merger of Eldorado Nuclear and the Saskatchewan Mining Development Corporation is expected to clos…


Zinc stronger on increased demand

Labor troubles and a higher demand by the automobile industry are among the reasons given for the rise in the price of zinc to dizzying levels. The base metal, which last year averaged 36 cents (US) p…


FALCO’S INIMITABLE CHIEF

In an article published in The Northern Miner in late November, 1985, Falconbridge Ltd.’s Chairman Bill James reported that finally, following several rocky years, the company’s balance sheet was soun…


Law THE INSPECTOR KNOCKETH

Our lives are affected each day by government. Indeed, if you have been stopped by a police officer for a traffic violation you know the feeling as the heart rate picks up or a little more perspiratio…


REAPPRAISING THE MONTCALM DEPOSTIT

The Montcalm nickel/copper deposit, one of Canada’s largest undeveloped nickel resources, is worthy of serious reappraisal in light of the current strength in nickel prices. Located 35 km northwest of…


THE KIDD CREEK SAGA

Twenty-five years ago, in June of 1963, the Texas Gulf Sulphur company paid $18,000 and a 10% net profits royalty for a 2-year option on some patented mining claims about 10 miles north of Timmins. Th…


Cross-Cuts CAPITAL SPENDING CLIMBS

If capital expenditures are a reliable indicator of the relative health of an industry, the world’s copper producers are certainly looking robust these days. For incontrovertible proof that things are…


RESEARCH RECIPE FOR SUCCESS

Apparently no one was listening a few years ago. That’s when industry watchdogs warned of dire consequences if mining companies continued to ignore technological innovation. Last year, according to En…


WHAT’S NEW Cable Bolter

Until recently, cable bolting has been a time-consuming, labor- intensive and even dangerous operation. Now, with the introductio n of the Tamrock Cabolt H695 mechanized cable bolter, the process…


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