News

Ranchmen’s Resources has declared a quarterly dividend of 12.5 cents on its class A shares payable Dec 29 to shareholders of record Dec 14. The last quarterly dividend of 12.5 cents was last paid Jan…

The precise dimensions of most mineral deposits are not known until they have been nearly mined out. The amount of ore that is ultimately recovered is, in many cases, considerably greater than the ini…

It wasn’t official at presstime, but Minnova Inc.’s schedule for its Ansil property just outside of Rouyn- Noranda, Que., calls for a production start-up at the end of 1988 or the beginning of 1989. W…

Comdale Technologies of Toronto has developed an expert system to control the flotation circuit at Cominco’s Polaris mine, in the Northwest Territories. Genex, an expert system tool kit, was used to d…

The tide of base metal consumption, which had been ebbing steadily since last mid-summer, may resume its flow this week. The reason is that markets for copper, lead and zinc are springing into activi…

Rarely is a mining company able to start up two gold mines successfully within the span of only four months. Campbell Resources has done just that, with the Joe Mann and S-3 mines in the Chibougamau c…

A discovery is defined here as a mineral deposit attractive enough to have warranted the expenditure necessary to establish its tonnage and grade. The date of discovery is normally taken to be the yea…

“Over three years’ experience as commissioner, dealing with prospectors, promoters, mine developers and investors has taught me a lot,” John Godfrey says. “It has taught me for one thing that mining f…

A hand-held portable infrared camera is now available from isi Group of Albuquerque, N.M. The unit, called the VideoTherm camera, can give the user actual temperature readouts. The graphics package al…

Measured reserves of fewer than 130,000 tons might seem a touch on the light side for anyone to start talking about a mine. But Skyline Resources is more than just talking about that reserve figure fo…

Back in 1973 when the price of gold was a trifling $80(us) an ounce, Goldex Mines was driving a decline at its Dubuisson property, near Val d’Or, Que. There was even talk of putting the property int…

The Canamax game plan goes as follows: like most other junior explorers, the company first focuses on promising exploration projects. It then sets an “economic hurdle,” such as establishing that a pro…