News

A BREAKNECK PACE Pan-Empire

In the fall of last year, an A.C.A. Howe company, Ateba Mines of Toronto, started screening and sorting old mine dump material grading as low as 0.01 oz gold per ton. This material, from the old North…


A BREAKNECK PACE NICKEL PLATE

The inappropriately-named Nickel Plate Mountain is a goldbug’s dream. Placer gold first drew miners to the area near Hedley, B.C., in the 1860s. Later, lode-type gold brought the miners back to the ar…


Law SPELLING IT OUT – Joint Venture Agreements

If there are two parties to an agreement, whether or not they have equal interests, decisions will either be unilateral or they will be unanimous. There is no in-between. So in these circumstances, wh…


WHAT’S NEW Engineering Software

Pincock, Allen & Holt, a major international consulting and engineering firm in Lakewood, Colo., has introduced two new additions to its line of mining software. Opcost provides detailed and summarize…



Managing PLATEAUING

At first glance, Greg has it made. He has a good job in his chosen field and makes lots of money. He has a wife and family and lives in a nice house, which is almost paid for. He has what virtually e…


A BREAKNECK PACE Mobrun

Exploration on Audrey Resources’ Mobrun deposit started with a big splash — a public announcement in late 1985 that Audrey and Corporation Falconbridge Copper (since renamed Minnova Inc.) would spend…


A BREAKNECK PACE Beacon

One of the first new mines to come into production last year was D’Or Val Mines’ Beacon mine, east of Val D’Or, Que. It cost this Hughes-Lang company $35 million to bring the mine into production last…


A BREAKNECK PACE Star Lake

The Star Lake gold mine represents the first such mine in Saskatchewan in more than 40 years. Although small in both reserves and milling rate, the high grade operation combined with relatively simple…


A BREAKNECK PACE Winston Lake

Ontario’s first zinc mine since the Kidd Creek operation came into production in the 1960s should be in full production by the end of the first quarter. Minnova decided late in 1986, shortly after the…


A BREAKNECK PACE Casa Berardi

Production is slated for August, 1988, at Les Mines Casa Berardi, the name given to the first new gold mine in this camp, which opened up only seven years ago. That’s when Inco and Golden Knight disco…


THE FUTURE OF NORTH AMERICAN GOLD

Gold’s dominance as the preferred target of exploration and development over the past few years has resulted in a sharp increase in gold production for many countries outside of South Africa. This is …


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