News

Equity safety program results gratifying

Employees at Equity Silver Mines are enjoying an excellent safety record but this wasn’t always the case. In 1981, 14 lost-time injuries were recorded and eight the following year. As a result, manage…


SUPPLIERS’ NOTES Optiscan Data Conversions

Optiscan Data Conversions is offering a custom service converting text libraries and files to computer data, using “intelligent” Optical Recognition equipment. This scanning equipment converts mechan…


Raises completed at Magnacon bet

Three raises have been completed as part of the extensive surface and underground exploration program at the Magnacon project in the Mishibishu Lake area of northern Ontario, Jack McAdam, president of…


SUPPLIERS’ NOTES Atlas Copco AB

Atlas Copco AB of Stockholm has signed an agreement to buy the assets of Chicago Pneumatic from the parent company Danaher Corp. of Washington D.C. for $85.5 mi llion(US). The purchase unites the two …


SUPPLIERS’ NOTES Caterpillar Inc.

China will be using technology from Peoria, Ill. -based Caterpillar Inc. to manu facture models of track-type tractors, wheel- loaders, log-skidders and engines. Also, the Caterpillar World Trading C…


ON THE MOVE SEW-Eurodrive Co.

SEW-Eurodrive Co. of Canada has named Fred Arcon as president. Prior to the appo intment, Arcon held the position of vice-president. He will now be responsible f or the marketing, sales, production an…



Levon updates oil reserves

Geological ore reserves on the Carbonate Hill property in Colorado, in the Cripple Creek mining district, have been calculated to be 14 million tons grading 0.031 oz gold per ton, Levon Resources repo…



Inco in the black

Inco Ltd. scratched back into the black during the second quarter ended June 30. For the period, the giant nickel producer earned $13.8 million or 11 cents per share compared to a loss of $5 million …



Enigmatic Imperial metals spinning off gold assets

Last year even the president of Imperial Metals admitted his company was “somewhat of an enigma,” arguing in the process that it wasn’t as difficult to understand on a “sector- by-sector basis.” Since…


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