Cross-Cuts (October 04, 1990)
A BRISK TRIP The trend to commuter mines in the north — Echo Bay’s Lupin and Placer Dome’s Detour Lake mines being key instances — will likely continue. In the Yukon, for example, mine workers for t…
News
Wall to wall stability
Monitoring rock slopes is essential to the success of most op mines. Slopes may become unstable during blasting, during spring thaw or because of geological factors such as an undetected layer of kaol…
THE SUDBURY BASIN: Back to the classroom
Paul Parker was faced with an alarming prospect. The vice-president for human resources and administration at Inco’s Ontario Division realized his firm was poised at a historic and disagreeable waters…
Alberta Stock Exchange Dingman gains 29 cents
Little-known Dingman Industries doubled to 60 cents on volume of nearly half a million shares after the company said it has finalized a joint venture deal with a Soviet firm to treat arsenical gold co…
EDITORIAL PAGE A taste for gold
The affluent Japanese community is developing a taste for gold. In March, one department store began offering a $340 cup of coffee brewed with Blue Mountain beans and mineral water, sprinkled with gol…
Comrades trading in commodities
A commodities exchange recently opened in Moscow, the first such facility in the Soviet Union since the Bolshevik Revolution of 1917. The new Moscow exchange, modelled after the Chicago Mercantile Exc…
Dingman signs Soviet joint venture deal
Following a joint venture agreement between Dingman Industries (ASE) and Soviet mining giant Glavalmazzoloto, Dingman will become one of the first Canadian mining companies to enter into the Soviet go…
GOLDFUNDS2 (October 01, 1990)
MVP BGR Central Capital Net value $10.48 $5.73 $0.31 Price $9.375 $5.375 $0.17 Discount 10.54% 6.2% 45.2% Value $62,424,807 $90,430,613 N/A…
Chutine awaiting feasibility study
A feasibility study for an open- pit copper mining operation in northwestern Mexico is expected to be completed during the second half of October, shareholders of Chutine Resources (VSE) were told at …
More good values at New World as five drill rigs work full time
Total drilling exploration at the New World copper-gold-silver property in Montana of Crown Butte Resources (TSE) and Noranda Exploration has reached more than 67,000 ft. in 168 holes, the companies r…
Copper consumption is forecast to rise
Global copper consumption is forecast to rise by 1.4% per year until the year 2000, says marketing information firm Roskill of London in its report The Economics of Copper 1990. The most important iss…
EDITORIAL PAGE Say too much of say too little
Eyeball assays. It is not our term, but it is one that has apparently taken hold in the exploration field. Or perhaps we should say in the promotion field. It is an apt expression. Essentially, it ref…