A wholly-owned U.S. subsidiary of American Barrick Resources has launched a $50 million(US) gold- indexed Eurobond guaranteed by American Barrick. The notes allow the company to borrow money at a low …
Sii Mining Equipment Companies Canada was sold in December, 1986. The new company will be known as Drillco Industrial Canada and will be based in Sudbury, Ont.
Remember the little Flin Flon Mines operation, just west of the Manitoba own after which it was named? It didn’t work out and wound up in receiver ship. Then last year a Regina-based oil company, Vist…
Galva, Ill.-based ime is introducing a line of 4-wheel-drive, all-terrain vehicles. Features include: total Caterpillar drivetrain; diesel engine; vehicle capacities from 20,700-41,500 lb; loaded comp…
A new line of cast stainless steel knife gate valves has been introduced by De Zurik (Sartell, Minn.) for on-off and throttling application in the mining indus try. Available in 2- to 12-inch sizes, t…
Surface drilling on the S-zone at the Tisdale property held by Getty Resources and Davidson Tisdale Mines has intersected a new zone which could lead to an increase in reserves, the companies say. Loc…
Teledyne (Thornbury, Ont.) has introduced a microprocessor, payload measuring system for wheel-loaders. Called Loadrite, the unit is connected into the hydraulic lifting system of a loader and gives t…
It’s official. The Detour Lake gold mine northeast of Timmins, Ont., will go into underground production, with full production at the rate of 2,000 tons per day expected to be achieved by mid-1988. Th…
After being out of the gold exploration business for nearly seven years, Denison Mines is jumping back in with both feet. And the company is taking aim at the original Gold Coast, specifically the Rep…
Heap leach gold operations are usually associated with the western United States, particularly with Nevada and California, but on the eastern seaboard of Canada there exists a small mine which is the …
Coats-listed Delbridge Mines has raised $350,000 for exploration work on the former-producing DeSantis gold property southwest of Timmins. A stripping and trenching program is under way with bulk samp…
Mono Gold Mines says its consultant has estimated mining and milling costs of $65 per ton for ore on its Bannockburn property near Madoc, Ont. However, a production decision is not assured. The compan…
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