News

PUSH BACK THE FRONTIER

Since base metals deposits in southern Canada are being mined at such great depths today, exploration geologists are being forced to rethink the meaning of the word “remote.” Base metals deposits disc…


SHIPPING CONCENTRATES

Nanisivik is accessible by ice-strengthened ships from August through mid-October. Shiploads of supplies from Montreal arrive each summer to replace dwindling inventories. An ice-breaking bulk cargo s…


POLAR PRODUCERS LUPIN

Despite a barren location (90 km south of the Arctic Circle, where there are no roads or navigable waterways) and an inhospitably cold climate, Echo Bay’s Lupin mine has produced more than 910,000 oz …


LETTERS COMPRESSED AIR DEVICE Stress and Strain

Re: October, 1988, page 71 article entitled “Breakthrough in Measuring Stress.” We appreciate that we have the opportunity to elaborate on the new CANMET strain/stress monitoring device by responding …


THE NANISIVIK POWER PLANT

Perhaps the most important instalPlation to the town of Nanisivik is the electrical generating station, within the main industrial building. All power requirements at Nanisivik are dependent on this p…


MINING NORTH OF 60

When the Pine Point lead/zinc mine closed last year, the event marked not just the death of a huge pro- ducer, but the end of a true technical pioneer in Canada’s North. The 33 individual Pine Point o…


Research FLYING HIGH

Isolated “fly-in” mines are not the big contributors to the wealth of the north that conventional wisdom assumes. In fact, according to two researchers at Memorial University in Newfoundland, employme…


RIO ALGOM LIMITED

For 9-month period ended Sept 30, 1988. In thousands of dollars, except per-share figures. 1988 1987 Assets $2,100.0 $2,000.0 Long-term debt $252.0 $270.0 Revenue $1,450.0 $1,110.0 Earning…


Mysterious Metall still looking for an acquisition

Almost 18 months after West German metals giant Metallgesellschaft AG spun off a publicly listed mining arm called Metall Mining (TSE), the new company is still suffering from an identity problem. Eve…


Mimiska reports drilling result

Results of preliminary exploration work on gold properties in northern Quebec, 42 miles west of Fort Chimo, have been announced by Mimiska Mining (ME). On the Lac Rougement showing, where drilling was…


Homestake signs agreement to purchase Esso holdings

If things unfold as expected, San Francisco-based Homestake Mining (NYSE) could be playing a much more active role on the Canadian exploration scene. A wholly-owned Canadian subsidiary, Homestake Mine…


U.S. Precious Metals drilling Nevada bet

A second small deposit of oxidized gold mineralization has been defined by recent surface drilling on U.S. Precious Metals’ (TSE) Mother Lode property, 100 miles northwest of Las Vegas, Nev. The new d…


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