1988

Two drill holes on property in Beauchastel Twp. in northwestern Quebec have intersected “very interesting copper values,” Kimex Resources (ME) reports. The property is located 15 miles west of Rouyn-…

The new Komatsu Dresser Co. of Libertyville, Ill., has elected a 6-member management committee. They are: John Murphy, chairman, president and chief executive officer of Dresser Inc.; Masao Tanaka, pr…

In recent years there has been a great deal of money invested in gold mines — new project financing, mergers, acquisitions and the like. Normally, newspaper reports refer only to the size and financi…

Then comes the interesting part * * * an estimate will be made of what the annual revenue from a mine will be during production to pay for preproduction capital costs. This requires a forecast of what…

A discovery by Inco Ltd. (TSE) geologists in 1981 of a gold deposit lying about 60 miles north of La Sarre, Que., recently became a producing mine (Golden Pond East), a positive sign for the Casa Bera…

Much of mine maintenance these days is based on the idea you can predict when a machine will fail. The reasoning goes like this: If you know when a component is going to fail and it costs less to repl…

From an address to the Financial Times World Gold Conference by Gordon R. Parker, chairman, president and chief executive officer of Newmont Mining Corporation. To talk about financing companies is to…

Recovery of gold from cyanide leach solutions can be carried out by zinc precipitation, carbon-in-pulp (CIP) and resin-in-pulp methods. CIP has been generally favored as the method in recently constru…

Shaft sinking at the Astoria property near Rouyn-Noranda, Que., has reached a depth of about 900 ft, between the sixth and seventh levels, Karl Glackmeyer, president of Yorbeau Resources (TSE), told T…

Although modern exploration interest in the Mishibishu area came about as a sort of `overflow’ from the Hemlo gold rush in the early 1980s, it was only until recent discoveries that major companies ha…

Contrary to what appeared in The Northern Miner Sept 26, QPX Minerals’ QR deposit has reserves of one million tons at 0.2 oz gold per ton.

While the demand for lead continues to be firm, the market should remain well supplied with prices on the defensive for the rest of this year, international investment firm Shearson Lehman Hutton writ…