Cross-Cuts ARCTIC ANXIETY
Climatologists have been building sophisticated computer models for several years now, trying to predict the effect the exhaust from cars and industrial processes will have on the global climate in ye…
News
Editor’s Note LEAN AND CLEAN
An advertising billboard recently featured a picture of a muddied 4-wheel drive vehicle that had been put through its off-the-road paces. The caption read: “A face only a mudder could love.” Which was…
50 Years Ago EMERGENCY POWERS AN IRRITANT
The emergency powers under which U.S. President Roosevelt, if he desires, can revalue the American dollar down to 50 from its present 59.1 mark, expire June 30. The Wall Street Journal editorially d…
What’s New THE FINNISH LINE
Normet Canada Another Finnish mining equipment manufacturer has set up shop in Canada. The latest company to be welcomed to Sudbury, Ont. is Normet Industries Canada, whose Finn parent has manufacture…
50 Years Ago THE NORTHERN MINER SISCOE DRILLS OFF 19TH LEVEL
Siscoe Gold Mines is embarking on a large and exhaustive campaign of diamond drilling on the 19th level at a depth of 2,475 ft, The Northern Miner learned on a recent visit to the property. The main s…
Core Shack ANOTHER LA RONGE PRODUCER
Located 75 miles north of La Ronge, Sask., the Rod gold deposit hosts proven and probable ore reserves of 626,928 tons grading 0.386 oz gold per ton in a quartz vein within a shear zone. The deposit, …
CORONA’S NEVADA GOLD A clean heap leacher comes on-stream
The state of Nevada is widely Tknown as a gaming mecca. It’s Talso a magnet for gamblers of another sort — gold explorationists. For example, since 1979, at least 30 heap leach gold mines have been p…
THE PRESSURE IS ON
More money is being spent on rock mechanics research than ever before. The Mining Research Directorate in Ontario estimates there is $100 million being spent in Canada this year and about $20 million…
FUTURES PRICES Metal Prices (November 28, 1988)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US per lb.) Nov 149.00 149.00 148.80 + 11.90 Dec 143.50 131.30 142.80 + 12.90 Mar 123.50 114.30 122.8…
Editorial Now the work begins
Canada’s thirty-fourth general election was a hard fought one, but the high energy level of the past seven weeks shouldn’t conceal the fact that the hard work of maintaining our prosperity and our way…
Echo Bay sells Nuinsco stake
Echo Bay Mines (TSE) has agreed to sell its controlling 53.8% interest in Nuinsco Resources (TSE) for $6.7 million or 87 per share. The sale to Deak International Resources follows the completion of …
Battle Mountain profit reflects higher sales
Anticipating sales of 305,000 oz in 1988, Battle Mountain Gold (TSE) is proving to be one of the more profitable gold producers in North America. Third quarter net income jumped 26% to $15.3 million a…