COATS Trading Features (February 01, 1988)
Much troubled Carolin Mines, which was plagued by all sorts of problems at its Ladner Creek, B.C., gold property several years ago, is being thinly traded on coats. The issue was quiet at $1.15 this w…
News
Breakwater output
Gold output at the Cannon mine at Wenatchee, Wash., was approximately 6% higher than expected in 1987, according to Breakwater Resources which has a 49% interest in the mine. Calgary-based Asamera Inc…
What’s New DRILL FEATURES AUTOMATIC CONTROLS
Marubeni America Corp. of Bensenville, Ill., has introduced a Tri- Sensing System on its hcr-c180r Furukawa rock drill. By monitoring flushing air volumes, air pressure and rotational torque while dri…
Letters HIGHLAND VALLEY HISTORY
In your December, 1987, issue there appears an article by David Duval headed “The History of Highland Valley Copper,” which states the following: “Discovered in the early 1960s by Egil Lorntzsen, the …
Bay, Stratmin, Jilbey commit $9 million to Fontana bet
Pierre Gauthier should be smiling. His company, St. Genevieve Resources, through the 89.7%- owned Montreal junior Bay Resources and Services, has hit some better-than-average results on it’s Fontana p…
Obituary Frank Archibald
The former chairman of Southern Peru Copper Corp., Frank W. Archibald, has died at the age of 67 in Corpus Christi, Tex. Southern Peru Copper, based in New York, is the largest copper mining enterpris…
What’s New IMPROVED WHEEL LOADER
Dresser’s new 555 Pay* loader is available in bucket capacities ranging from 5.5 cu yd to 11 cu yd. Maximum breakout force of this 315-hp wheel loader is 60,000 lb. Internal, force-cooled, wet disc br…
50 Years Ago FEBRUARY, 1938 MINISTER SCOTCHES NICKEL RUMORS
Canada has no intention of placing an embargo on exports of nickel to foreign countries either engaged in war or in re-armament activities, says W. D. Euler, minister of trade and commerce. Mr Euler d…
Falco appointee shows importance of Ungava nickel
The high grade Ungava nickel properties held directly and indirectly by Falconbridge Ltd. are becoming of increasing importance following the surge in nickel prices. In a move seen as an effort to fur…
Noramco companies active exploring near Fort Hope
A group of companies within the Noramco Mining Corp. fold have reported encouraging drill resaults from their properties near Fort Hope, Ont. At the Cadman Lake project, shared equally by partners Pur…
Maintenance MAINTAINING THE HOIST
Ensuring that a hoisting plant is safe and will run when it is needed requires more than the mandatory tests. The true price is constant vigilance aimed at detecting potential problems. Aware of the c…
The 1987 Coal Review BYRON CREEK
Byron Creek Collieries, a unit of Esso Resources Canada, operates the Coal Mountain mine in southeast- ern British Columbia. The mine, about 32 km south of Sparwood, B.C., supplies bituminous coal to …