THE KIDD CREEK SAGA
Twenty-five years ago, in June of 1963, the Texas Gulf Sulphur company paid $18,000 and a 10% net profits royalty for a 2-year option on some patented mining claims about 10 miles north of Timmins. Th…
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RESEARCH RECIPE FOR SUCCESS
Apparently no one was listening a few years ago. That’s when industry watchdogs warned of dire consequences if mining companies continued to ignore technological innovation. Last year, according to En…
MBULK MINING AT KIDD CREEK
The Kidd Creek orebody is a massive base metal sulphide deposit with surface dimensions of 168m by 670 m. The steeply dipping orebody has been evaluated to a depth of 1,524 m. To date, mining has been…
WHAT’S NEW Carbon Monoxide Badge
A Texas-based company, Tracor Atlas, is marketing an indicator badge for use in work environments where there is a danger of carbon monoxide buildup. Good for 30 days, the Dead/Stop badge changes colo…
ATLANTIC REPORT Underground work heats up
In Nova Scotia, an unprecedented number of underground exploration programs are either under way, about to commence or being contemplated for 1988 by eight junior exploration companies and two majors….
Alberta Stock Exchange Dispute lifts Baslen
A controversial ownership dispute over a group of mining claims in the Hemlo, Ont., gold belt has made International Baslen one of the hottest issues in Alberta during recent trading sessions. The fac…
Tundra completes reserve calculation
A reserve calculation has been completed by Tundra Gold Mines (VSE) for a portion of the Lamaque exploration lands near Val d’Or, Que. The property is shared equally between Teck Corp (TSE) and Tundra…
Falcombridge offers dividend in issuer bid
At presstime for this issue, Falconbridge Ltd.(TSE) Chairman William James told The Northern Miner he was confident the company would get a quick ruling from the Ontario Securities Commission on a Fal…
Vancouver Stock Exchange (June 27, 1988)
Trading volume has slowed considerably in the face of higher interest rates, a stronger Canadian dollar, and weaker gold prices. Many people were hoping that Huntington Resources Brett discovery near …
Stewart Lake aims at special graphite market
Graphite may not be as easily marketed as gold, but Stewart Lake Resources (TSE) is confident it will have no trouble selling the product from its graphite deposit near Kingston, Ont., at a price that…
Not enough platinum to meet demand
Demand for platinum in 1987 exceeded 3 million oz for the first time, international metals company Johnson Matthey reports in its publication Platinum 1988. On the other hand, there was a shortfall in…
EDITORIAL Study of the sun, deep in a mine
Inco Ltd. is doing some mine development work from which it will never make a cent. And it doesn’t expect to. Purely in the interests of science, the giant nickel company is enlarging and preparing …