1988

From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…

A drill program has been completed by Cross Lake Minerals (VSE) on the company’s Red Cross Lake property in Manitoba. The 6-hole program tested an iron formation unit with characteristics similar to t…

A 5-year modernization plan costing $46 million will be undertaken by Canadian Copper Refiners (CCR) at its Montreal East plant. David Goldman, vice-president responsible for the CCR division of Noran…

When the zinc famine was on in the U.S. in 1937, resulting in the importation of 45,000 tons, the discovery was made that any preconceived ideas about the amount of the metal in undisclosed inventorie…

Pre-election spending by the federal government has been compared to that of a drunken sailor on shore leave, but such a comparison is grossly unfair. It’s likely to give drunken sailors a bad name. …

Paymaster Consolidated is crosscutting through high-grade ore in the new No. 24 vein on the 2,075-ft. level at the No. 3 winze, The Northern Miner can announce. At presstime, the west wall of the cros…

Once known as John F. Kennedy’s campaign song, the words of that popular tune from the 1960s mirrors the hopeful expectations of every mining company. Armed with a positive feasibility study, more tha…

The following is taken from Starrex Mining Corporation’s shareholder report for the 6-months ended June 30 as an example of how a mining project can work out. Other partners in the mine are Saskatchew…

“Why,” asks a thoughtful subscriber, “do not Canadian banks employ mining engineers?” Why not, indeed? Perhaps some of them do, although the fact is not publicized. However, employment of experts in m…

The mining industry has a standard and accepted way of reporting reserves. First, the reserve category — proven, probable or possible — is given, then the tonnage and grade. But a new practice has …

A delay in the start of the 1988 mining season and debenture issue costs totalling $1.932 million(US) led to a seasonal second quarter loss of $4.348 million for Galactic Resources (TSE), up considera…

For the first time since 1980, Canada is without a federal minister of state for mines. The change, part of Prime Minister Brian Mulroney’s recent cabinet shuffle, has so far drawn mixed reactions fro…