Hope Brook entering production
On the remote southwest coast of Newfoundland, where the caribou outnumber the people, a gold mining crew is feeling triumphant. Its year-long struggle with the elements is starting to pay off. The he…
News
Enigmatic Imperial metals spinning off gold assets
Last year even the president of Imperial Metals admitted his company was “somewhat of an enigma,” arguing in the process that it wasn’t as difficult to understand on a “sector- by-sector basis.” Since…
LETTERS Wrong Sponsor
I am writing with regard to your mention of the Prospectors’ Triathlon, in the Cross-cuts section of the June, 1987, issue. I feel it is my obligation to bring to your attention that it is the Porcupi…
Metal Prices PRODUCER PRICES (August 03, 1987)
ALUMINUM: MW U.S. Market 73.50 cents -76.00 cents per lb. (July 16, 1987). ANTIMONY: New York dealer $1.07-$1.12 per lb. (July 16, 1987). BISMUTH: New York dealer $3.25-$3.40 per lb. (June 25, 1987). …
Equity safety program results gratifying
Employees at Equity Silver Mines are enjoying an excellent safety record but this wasn’t always the case. In 1981, 14 lost-time injuries were recorded and eight the following year. As a result, manage…
Raises completed at Magnacon bet
Three raises have been completed as part of the extensive surface and underground exploration program at the Magnacon project in the Mishibishu Lake area of northern Ontario, Jack McAdam, president of…
Pillar power
Last May an important research project started up near Sudbury, Ont. An array of accelerometers and hydrophones (highly sensitive, electronic listening devices) were installed near four blasthole stop…
South Pacific gold rush
Buried in the tropical rainforests in the western highlands of Papua New Guinea lies one of the world’s most important known undeveloped gold deposits — so big that when it comes on stream in the 199…
ON THE MOVE American Ore
The new president and chief executive officer of Calgary, Alta.-based American Ore is George Oughtred. Also, Robert Fraleigh and Brian McCom be have been appoint ed as vice-presidents and Michael Per…
SUPPLIERS’ NOTES Forano Inc.
Plessisville, Que.-based Forano Inc. is now associated with the French firm rei which specializes in conveyor equipment for transporting material. Rei holds 30 world records in this field and serves 7…
ON THE MOVE Eimco Jarvis Clark Co.
Michael Stevens has been appointed drilling manager at Eimco Jarvis Clark Co., based in Burlington, Ont. He is now responsible for all marketing activ ities re lated to Eimco Jarvis Clarke’s Eimco Sec…
Caribbean nickel
Falconbridge Dominicana is the second biggest ferronickel producer in the world. Among lateritic nickel operations, Falcondo’s capital cost is o ne of the lowest for nameplate capacity. At about $3(U…