Profile ENGINEERING CHALLENGES
For a man who left school 23 years ago without knowing quite what he wanted to do with his life, James Wade has come a long way in the mining industry. At the age of 48, he has succeeded in parlaying…
News
TSE Short Positions (October 02, 1989)
Semi-monthly report as of Sept. 15 showed 33,041,132 shares of 613 issues compared with 30,170,240 shares of 607 issues on Aug 31. Larger individual positions included: Agnico-Eagle — 65,900; Amer. B…
Letters WHO FOUND CINOLA?
We write as solicitors to Efrem Specogna regarding your feature, “Debating the Discoveries,” in the July, 1988, issue. Specogna, along with Giovanni Trinco, did the initial prospecting and, in 1970, m…
The Billion Dollar Triangle FROM VAL D’OR TO TIMMINS BOUSQUET NO. 2
Perched between the Dumagami mine/mill complex to the east and Bousquet No. 1 headframe to the west on Preissac Road, north of Cadillac, Que., is the new Bousquet No. 2 headframe. Saddled with the tas…
The Billion Dollar Triangle GOLDEN GIANT: HEMLO’S MIDDLE PRODUCER
Two generalizations apply to the total Hemlo orebody. First, the grade decreases going from east to west, so that the David Bell mine (owned jointly by Teck Corp. and Corona Corp.) has the highest ave…
Queries
I hold a stock certificate dated March 14, 1975 for 44 shares of a company called Auric Resources, formerly Consolidated Nicholson. Can you please give me a status report on Auric Resources. J.A. Thor…
Shamrock defines targets on Adams Lake property
Vancouver-based Shamrock Resources (VSE) has completed preliminary exploration and geophysical surveys on its Blom and Cana claims in the Adams Lake Plateau area of British Columbia. “A follow-up prog…
FOLLOW THE LEADER
Historically, we have focused our attention on two leadership styles: autocratic and democratic. By autocratic, we have referred to the primary use of position power or formal authority. In other situ…
Cross-Cuts KERR ADDISON
The Kerr Addison mine, a prolific gold producer near Virginiatown, Ont., that yielded more than 10 million ounces in a half-century of production, finally has given up what looks to be its last ounce….
Deductibility of Exploration Expenses Threatened
The Australian Taxation office has released a draft ruling that would severely limit the tax deductions available to mineral exploration companies. The ruling, which has been circulated to the industr…
Metal Prices FREE MARKET London Metal Exchange (October 02, 1989)
Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Sept 26 Sept 25 Sept 22 Sept 21 Sept 20 Copper 1696-1698 1750-1751 1830-1832 18…
Montreal Exchange: Mixed-trading pattern
Mixed trading highlighted a week during which investors mulled over the latest results from the massive- sulphide copper-zinc Louvicourt Twp. project and observed the official opening of a new gold mi…