News

I read with interest your “Cross-cuts” article in the June issue about the golden bungle at Delnite Mines on June 2, 1950. I was the chief geologist at that time and George Vary (mine superintendent) …

Norman Keevil Jr, president of Teck Corp., suggested last year that a price turnaround for copper couldn’t be far off. The reason? His board of directors was almost unanimously negative on the red met…

Silver prices have been more volatile than gold since the beginning of 1988, but the metal failed to sustain a rally. By early fa ll, it was hovering in the $6.25 (US)-per-oz range, about the price at…

Three deposits of hematite ore, two of which are high-grade and suitable for direct treatment by bessemer processes, and altogether containing an estimated potential of 1,000,000,000 tons, are descri…

While it probably would be difficult to find anyone who would suggest gold entirely lost its lustre in 1988, more than a few would concede that its price performance excited only bearish investors. St…

Discussing last week’s congressional election results, Business Week says: “The business outlook has been immensely strengthened by the election results. Businessmen are divided between the Democrat…

Geological deduction, following close study of structure; subsequent diamond drilling to horizons 1,000 ft or more below surface; and faith in conclusions reached. These were the factors which have re…

Diamond drilling contractor N. Morissette Canada announces the retirement of Dave Anderson. He joined Morissette in 1962 and has been president and general manager since 1976. In total, he has close t…

The mining of sphalerite, the ore mineral of zinc, is headed for a downturn in Canada. But you’d never suspect it, judging from the amount of money being spent developing new mines and modernizing old…

Canada, as the records in the bulky annual number of The Northern Miner revealed last month, is in the midst of a vast program of mineral development. Probably in no country in the world is mining and…

Lead surprised just about everyone when it averaged 27 (US) per lb on the London Metals Exchange during 1987, an increase over 18 in 1986. It was a turnaround year for the metal, the price of which ha…

Cobalt, Ont., is justly Cfamous for its silver mines and the turn-of-the- century boom that made it the cradle of Canadian mining. It was a time of unbounded optimism and new developments in mineral p…