Net income of $1.2 million before unusual items and $3.4 million (4 cents per share) after unusual items was reported by Royex Gold Mining (TSE) for the second quarter ending March 31. For the same pe…
First-quarter earnings jumped 16.3% compared with the same period in 1987, Cambior Inc. (TSE) reports. Net earnings were $3.6 million (15 cents per share) on revenue of $26.6 million, compared with $…
Just three months after Newmont Gold announced a $404-million program designed to develop its gold deposits on the Carlin trend in Nevada, the expansion policy is beginning to pay off. While reserves …
Net income of $1.9 million (23 cents per share) on revenue of $10.3 million was repomted by TSE-listed Sigma Mines (Quebec) for the first quarter this year, compared with net income of $1.67 million (…
As a director or officer of a corporation carrying on business in Ontario, you might not know that you could be liable to a fine in the order of several tens of thousands of dollars and/or imprisonmen…
Thanks to a new grinding concept in the form of rubber magnetic mill linings, considerable savings in energy and grinding media consumption can now be achieved. “In some cases, it (the magnetic liner)…
** A 3-IN-1 PUMP ** Toyo Pumps North America is selling a new pump that incorporates a diaphragm, hose and piston or plunger. Unlike conventional piston/plunger pumps, where pumping product enters the…
One of Canada’s foremost technology watchdogs has predicted that the surface mines of the 1990s will be so dependent on computer-based technology that manpower will be reduced to one-third of current …
Diesel load-haul-dump machines (better known as LHDs or simply scoops) revolutionized underground base metals mining in the early 1960s. Their main advantage was the flexibility they offered. In the l…
About 2 billion years ago when this planet was a chilling, uninhabitable place, a pre-Cambrian stream laden with uranium-rich gravels emptied into a lake or inland sea just north of what is today the …
You may be in for a big surprise if your next drilling project in the Canadian Shield hits a pocket of “salty” brine. That is, you may very well find gold nuggets in that brine. One such nugget, conta…
Lake Dufault Mines has moved the second diamond drill on to its property adjoining Waite Amulet in order to broaden the ore search close to the scene of Waite Amulet’s spectacular drill intersections …
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