Kewagama financing
A private placement agreement has been arranged between Kewag ama Gold Mines and a private investor who is also a company director. The company will issue a maximum of 250,000 common shares and a mini…
News
Law MINER SPILLS: Ontario’s Spills Bill
Recently, a newspaper article indicated that the former owner of a company that was responsible a couple of years ago for a spill of polychlorinated biphenals (PCBs) in northern Ontario was back in th…
Hudson Bay drops option on Metalore’s Brookbank
Hudson Bay Gold has terminated its option agreement with Metalore Resources which was signed more than 1 1/2/ years ago. The deal, which committed Hudson Bay to sinking a 1,800-ft shaft on Metalore’s …
Inco gives green light to Montana gold mine
Toronto-based Inco Gold and Homestake Mining have elected to go ahead with a new gold project at Jardine, Mont. One of the principal properties in the Inco Gold portfolio, the project is a 50%-50% joi…
What’s New ROLL FILTER PRESS
Fmc of Canada has introduced into the Canadian market a new, continuous-sludge-dewatering, belt-filter press — the Von Roll RPE. Stainless steel construction and a variety of roller coatings provide …
Computer Forum PUSH-BUTTON SURVEYING
Choosing the hardware and software for high-tech surveying systems is a lot like buying a stereo system. The question is this: Do you stick with one manufacturer for all your components or do you “che…
Managing THE VALUE OF FAILURE
Several years ago, I called a large Canadian bank for a reference check on a man who had previously worked for them as a branch manager. They gave him a shining apprais al — he was a solid man, a har…
The 1987 Coal Review CROWS NEST
Crows Nest Resources, a wholly-owned subsidiary of Shell Canada, operates the Line Creek mine in the Elk Valley area of southeastern British Columbia. The mine started production in 1982 in order to s…
Cross-Cuts WHERE’S THE FIRE?
Designers in Moscow say they have developed a device that can locate and extinguish pit fires in coal mines in a matter of minutes. The device fills the pit with liquid helium, which chokes out the fi…
The 1987 Coal Review FORDING
With its head office in Calgary, Fording Coal employs about 1,240 personnel in Alberta and British Columbia. Established in 1968 to develop coal reserves, Fording is a wholly-owned subsidiary of Cana…
What’s New NEW BUCKET TEETH
Esco Ltd. of Scarborough, Ont., is marketing a new steel tooth for bucket wheel excavators. Using a casting technique developed at the Canada Centre for Mineral and Energy Technology’s Physical Metall…
50 Years Ago FEBRUARY, 1938 COMPANY ANNOUNCES CUT IN MINE BILLS
Straight drop of $40 for all power up to 8,000 h.p. for Ontario and Quebec mines in 1938 — successive reduction of past eight years brings savings to customers to million dollars a year. Canada North…