1989

ISLAND

Not long ago, the Island Copper mine on Vancouver Island had faced a 1992 deadline for closing. Fortunately, its lease on life has been extended to 1996 because of an imaginative new mining plan. The …


First year gold output 33,000 oz for Crown

Gold output at the Kettle River project of Echo Bay Mines (TSE) and Crown Resources (NASDAQ) is expected to reach about 110,000 oz in the first year, 33,000 oz of that total accruing to Crown Resource…


HIGHLAND VALLEY

In an effort to boost production and Iincrease operating efficiency, HighIland Valley Copper acquired the nearby Highmont mill l ast year and, at a cost of $70 million, relocated the Highmont milling …


Cassiar increases stake in Rea Gold

By purchasing 324,000 shares of Rea Gold Corp. (TSE) on The Toronto Stock Exchange through a wholly-owned subsidiary, Cassiar Mining Corp. (TSE) boosted its total indirect holding to 2.6 million share…


Cross-Cuts NICKEL URANIUM

At a grade of 2.4%, Cameco’s Key Lake operation is a rich uranium mine. It also has — and this is not well known — a rich nickel deposit. The nickel grade has been officially listed at 2.3% for the …


Editorial Don’t forget gold

When it comes to gold, the market is used to sudden, dramatic price swings. That’s part of gold’s appeal — the opportunity to make large sums of money over a short period of time. All one has to do i…


American Reserve closes Paymaster deal with Placer

American Reserve Mining (VSE) has finalized its agreement with Placer Dome (TSE) involving the sale of a 60% interest in the Paymaster gold property at Timmins, Ont. American Reserve President Carl Zu…


Aur takes on U.S. sulphide deposit owned by Savanna

Shortly after announcing its Val d’Or, Que., massive sulphide find, Toronto-based Aur Resources (TSE) has agreed to get involved in another polymetallic project. Under an agreement with Savanna Resour…



GASPE CONCENTRATOR

When the fatal fire in 1987 closed Wthe E Zone mine at Murdochville, Que., management at Noranda Minerals didn’t have a difficult choice to make as far as the smelter was concerned. The 70,000-tonne-p…


Specs HYDRAULIC BREAKERS

Boom-mounted impact rock-breakers mounted on mine carBriers are increasingly necessary in underground operations. These units break oversize rocks in stopes and at drawpoints in place of the time- con…


Golden Knight reports Casa Berardi production

Gold output at Golden Knight Resources (TSE) 40%-owned Casa Berardi East project in northwestern Quebec averaged just under 4,400 oz per month for the first five months of 1989, Brian Keevil, presiden…


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