Springhill puts warm water to use
The town of Springhill, N.S., is living up to its name. As many as 400 gallons per minute (gpm) of warm water are being drawn from the town’s infamous, and now derelict, coal mine. There are plans to …
News
LETTER TO THE EDITOR (June 22, 1992)
We miners use little land, and we use it wisely and carefully. However, we need access to vast areas to find the rare geological occurrences we call “commercial ore deposits.” These “ore deposits” con…
Matachewan awaits verdict in tailings trial
Unable to afford a lawyer to defend himself or his company against charges related to an October, 1990, tailings spill in northeastern Ontario, Matachewan Consolidated Mines (TSE) President Richard Mc…
Bethlehem sees Goldstream progress
The Goldstream underground copper mine near Revelstoke, B.C., is expected to show improved results over the coming year. In operation since its reactivation in May, 1991, the mine produced 21.6 millio…
PEOPLE (June 22, 1992)
Norm Bonin appointed director and president.
Petrina hands in resignation, Placer Dome seeks new CEO
The board of Placer Dome (TSE) is seeking a new president and chief executive officer to replace Tony Petrina who recently announced he will resign in mid-September. A mining engineer, Petrina rose th…
Enviable Ontario safety record enviable injury rate
Ontario’s Mining Week, June 1-7, was overshadowed by the explosion at the Westray coal mine of Curragh Inc. in Nova Scotia that killed 26 miners a month earlier. The disaster focused attention on Onta…
Investors await diamond evaluation
Although BHP-Utah Mines (TSE) won’t say when it plans to release an evaluation of diamonds taken from the Point Lake kimberlite in the Northwest Territories, Dia Met Minerals (VSE) is expected to have…
Minnova evaluates RFC property
An underground drilling program at the Pend Oreille zinc-lead property in Washington state of RFC Resource Finance (TSE) should be completed in July, President David Watkins said at the annual meeting…
Flow-through revival proposed for mining exploration
Flow-through shares provided the best form of financial aid to Quebec’s mining industry in the past and the tax shelter should be fully re-instated, concludes a study by a Montreal geologist and lawye…
Canadian nickel producers look abroad to add capacity
Market developments involving nickel are causing mixed reactions. Cominco is preparing new facilities at its Glenbrook ferronickel plant in Oregon to receive nickel ore from New Caledonia and increase…
GUEST COLUMN (June 22, 1992)
The value of polymetallic deposits, for many purposes, is best measured by the Net Smelter Return (NSR) per tonne. NSR is the revenue from the sale of mineral products, minus off-site processing and d…