Still Gilded
The Golden Highway is still gilded. Plenty of mines are produ along this dual stretch of asphalt that runs from Timmins and Kirkland Lake, Ont., to Val d’Or, Que. Two major faults — Porcupine-Destor …
News
On the move (October 04, 1990)
In his new position of executive vice-president of Dayco Products, Bruce McNeil will have direct responsibility for all sales and marketing functions. He joined the company in 1977 from the accounting…
Kennecott’s gravy train
The first year of mining the open-pit Ridgeway deposits in So Carolina was, to borrow a term employed by Engineering Manager Peter Evans, “gravy.” The soft oxides allowed blasthole spacings of 20 ft. …
Suppliers’ Notes (October 04, 1990)
Intera Information Technologogs Corp. of Calgary, Alta. is acquiring certain assets of the Aero Service division of Western Atlas International, a unit of Dresser Industries and Litton Industries. Int…
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…
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…