Chicago- based FMC Gold (NYSE) has moved to acquire 100% of Meridian Gold, a unit of Burlington Resources which controls the Royal Mountain King gold mine in California and the advanced Beartrack gold…
Lower zinc prices in the first quarter of 1990 resulted in a 38% earnings drop for Pine Point Mines (TSE). Net earnings for the quarter totalled $14 million ($3.02 per share), compared with $22.5 mill…
FREE MARKET London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date May 1 Apr. 30 Apr. 27 Apr. 26 Apr. 25 Copper 1755-1760 1578-1579 1624.50…
Results released by a number of participants in the Vezza-Douay Twp. region of northwestern Quebec have drawn attention to what looks like a promising gold exploration play. While economic gold values…
Anomalous surface assay results have been reported by Goldbank Ventures (ASE) from the Hayes gold showing on the company’s 100% owned Bon property on Vancouver Island, about 15 miles northwest of Nana…
A Compact PLC Idec Canada is marketing a compact programmable “logic controller” (PLC) manufactured in Japan. The units, ideal for replacing relay and timer circuits, are being distributed in Canada b…
FREE TRADE OPTIMISM The following is from a speech delivered to the Mineral Development Forum in early December last year in Toronto by Maureen Farrow, a partner of the Coopers & Lybrand Consulting Gr…
It wasn’t the type of crowd Monte Hummel was used to addressing. Gamely, the president of the World Wildlife Fund stood before the annual convention of the Prospectors and Developers Association of Ca…
A contract has been awarded by the International Magnesium Association to the Canada Centre for Mineral and Energy Technology (CANMET) for a 4-year project to study the fundamental aspects of the corr…
Not long ago, the larger Canadian gold mining companies were content to report two to three year’s worth of reserves at their individual mines. The practice, I was recently told by a mining veteran, b…
Distributed control systems (DCS) were introduced in the mid-1970s, according to Isabelle Clauzier and Burton Roberts of B.R.I.C. Systems Integrators, who delivered a paper on the subject at an operat…
I read, with great interest and some dismay the article “Native Miners” by Erik Watt (NMM, Feb/90), which dealt with the involvement of native persons in northern mine operations. I feel their natural…
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