Dumping on potash Canadian potash, current situation and forecast
Actual Forecast 1983 1984 1985 1986* 1987 1990 (000 tonnes K2O) Capacity 9,165 9,315 9,775 10,575 11,070 1…
News
WHAT’S NEW Open pit equipment New Loaders & Trucks from VME
Vme Americas is the new name for Clark Michigan. The new company will continue to market its products under the familiar names of Volvo, Michigan, Euclid and Ranger. Five new additions have been made …
Merger gives Brohm Blackdome interest
Brohm Resources has acquired 3.9 million shares of MFC Mining Finance Corp. from Kerr Addison Mines and Ventures Trident Limited Partnership at a cost of $28,710. Brohm is now the majority shareholde…
50 YEARS AGO — JUNE, 1937 — The gold rush
Although the local stock market gave little sign of it, in world circles the uneasiness over gold subsided somewhat. Amounts of dishoarded gold offering upon the London market were smaller, showing gr…
Zone extended by Levon drilling
Underground drilling in the Howard tunnel in B.C., by Levon Resources has extended the No 2 zone, the company says. Levon drilled six holes above and below a 123-ft section which assayed 0.69 oz gold …
CROSS-CUTS Canadian firm to supply lead smelter’s reactor
The largest component of Cominco’s new lead smelter at Trail, B.C., will be built by ebco Industries, a company from Richmond, B.C. Lurgi Canada, a subsidiary of Lurgi GmbH of West Germany, has placed…
WHAT’S NEW OPEN PIT EQUIPMENT Aluminium Excavator Buckets
Les Concepts Alu-Metal Canada of Saint-Hubert, Que., has introduced a new excavator bucket made of a lightweight aluminium alloy called Scandia 400. The buckets have been designed to increase strength…
COMMODITY FUTURES PRICES (June 01, 1987)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (in US cents per lb.) June — — 65….
Shasta, Esso Minerals in Toodoggone pact
International Shasta Resources has a letter of intent with Esso Minerals Canada, whereby Esso can earn a 70% interest in Shasta’s Toodoggone, B.C. gold property. To earn the interest, Esso could devel…
Pegasus Gold’s 2-year growth “extraordinary,” president says
After the 1986 start-up of two properties and a third this year, Pegasus Gold Corp., is flying high, President James Foreman told shareholders at the annual meeting. “It has been an extraordinary feat…
Louvem, Perron reach agreement
An agreement has been worked out between Louvem Inc. and Perron Mines whereby Perron will acquire a 50% interest in the Pascalis-North property and part of the Beaufort property by spending $7 million…
Mascot a text book mine
You can learn a lot about a mining operation by listening to employee discussions in company lunchrooms. In most cases the conversation is fairly predictable: complaints about co- workers, equipment p…