1987

WHAT’S NEW Drilling equipment Computerized jumbo

Atlas Copco Canada of Montreal has brought its aut omated drilling jumbo to the Canadian market. Called the Robot Boomer H135, the rig features two but 35 booms for drilling mine openings which have c…


Editorial Governments rally to the mining cause

Two events last week, one coinciding in time with the other, brought a considerable degree of encouragement to Canada’s beleaguered mining industry. One was the unveiling, in Ottawa, of a new federa…


SUPPLIER’S NOTES Ranger Helicopters, Canada

To simplify its operations Ranger Helicopters, Canada will henceforth be operating only one licensed helicopter comp any and winding down its other three licensed companies. The continuing company w…


Mascot a text book mine

You can learn a lot about a mining operation by listening to employee discussions in company lunchrooms. In most cases the conversation is fairly predictable: complaints about co- workers, equipment p…


photo caption, Haileybury School

A unique group met recently at the Haileybury School of Mines in Ontario, on the occasion of the 125th anniversary of Haileybury College, Hertford, England, its namesake. A luncheon meeting of civic a…


Base metal reactivation a success for Brenda

The reactivation of Brenda Mines’ base metal operation near Peachland, B.C., is proving to be quite a success story. Net earnings for 1986 totalled $1.84 million or 40 cents per share and the situati…


Cliff to acquire Reno gold mine

Cliff Resources will acquire the Olinghouse gold mine northeast of Reno, Nev., the Toronto based company announced recently. According to Chairman Gary Last, the open pit mine will resume operations i…


WHAT’S NEW Underground Equipment A manless truck

Four years ago, at about the Fsame time it decided to market continuous mucking machine, Inco Ltd. laid plans to develop a rapid truck haulage system to keep up with these high production rates. The m…


COATS Trading Features (June 01, 1987)

Card Lake Resources continued to perform on the coats system, trading to a new high of $2.30. News from the company’s gold play in the Harker-Holloway area east of Matheson, Ont., continues to be good…


Sunmist funding

In addition to a previously announced flow-through financing of $540,000, Sunmist Energy has secured $600,000, at 65 cents per share, from First Exploration Fund l987 and Co. The amount will be spent…


Alberta Stock Exchange Noble Peak doubles

It wasn’t the most active stock on the market this week — 58,600 shares changed hands — but Noble Peak Resources was certainly one of the best performers. The exploration company continued a two-wee…


MANAGING INVESTING IN PEOPLE

Jobs at all levels of mining are being slashed in the headlong rush to improve productivity and cut costs. As a result, corporate loyalty is dying. Although money has been saved in the short term, the…


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