MinVen faces delay at Gilt Edge mine
Leaching operations have been delayed at MinVen Gold Corp’s (TSE) Gilt Edge mine in South Dakota because of a leakage problem with a leach pad. Seepage was detected in the upper liner of the multiple-…
1988
Change of guard at Breakwater
A change of guard at Breakwater Resources (TSE) suggests the company could eventually fall under the control of Corona Corp. (TSE). Ned Goodman, the chairman of Corona, was recently appointed to Break…
Hope Brook Gold’s quarterly results
After selling 41,850 oz gold from its mine in southwestern Newfoundland, Hope Brook Gold (TSE) reported net income of $2.8 million or 10 per share during the first nine months of 1988. Revenues for t…
News in Brief (November 07, 1988)
Kam Creed Mines has amalgamated with its wholly-owned subsidiary Cuvier Mines Inc. Cuvier shareholders receive one Kam share for each two Cuvier shares.
Editorial Wasting our assets
Mining’s a funny business. It is based on what is unsentimentally referred to as a “wasting asset” and therein lies both the boon and the bane of the industry. It’s the blessing of the industry in t…
Letters to the Editor Rock mechanics research improving mining
Your Oct 17th editorial presents an opportunity for comment. The mining industry operators have understood, for some time, the need to “involve rock mechanics engineers in the mine design process.” A …
Wharf amalgamation is `essential’ for Dickenson
President of Toronto-based Dickenson Mines (TSE), John Kachmar says the planned amalgamation with Wharf Resources (TSE) is an essential cornerstone of his company’s future. The Wharf merger and an acq…
New Discovery In Toodoggone
A high grade gold and silver discovery was made by Energex Minerals (TSE) on its JD property (eight miles east of the Al project), part of the company’s wholly-owned Toodoggone project in north-centra…
Editor’s Note HUDBAY’S EMPIRE (November 01, 1988)
Flintabbatey Flonatin. How awkward a civic handle that would have been for the town fathers. Fortunately, the discoverers of the great orebody that became the guts of the Hudson Bay Mining & Smelting …
Trout Lake (November 01, 1988)
We pulled on overalls, stepped into high rubber boots, donned hardhats, checked our lamps and got into Mine Foreman Reg Swain’s new Toyota Jeep. As daylight faded behind us, our eyes adjusted to the g…
Annual Lead Review (November 01, 1988)
Lead surprised just about everyone when it averaged 27 (US) per lb on the London Metals Exchange during 1987, an increase over 18 in 1986. It was a turnaround year for the metal, the price of which ha…
Innovations (November 01, 1988)
When Caterpillar Inc. set out nearly 20 years ago to redesign the track-type tractor, it knew that it was tampering with success. The Cat D9, the biggest Caterpillar tractor on the market at the time,…