1991

Constitutional issues aside, Inco Ltd. was the big talking point among mining watchers during the week ended Sept. 24. The nickel miner’s activities clearly caught the attention of residents in Sept-I…

The Canadian business community faces a crisis of confidence in our credibility with the general public. Too many Canadians believe that we, the business community, do not operate in a manner that ben…

Gold! The word has fired our imagination like no other metal, Ontario’s Ministry of Northern Development and Mines reminds us in a recent information circular. The world demand for gold is still mainl…

Bill Cummins, president of McFinley Red Lake Gold Mines (TSE), says he is still hoping to line up a joint venture partner for the company’s Bateman Twp. gold project near Red Lake, Ont. Under an agree…

Toronto-based Falconbridge says it is cutting 100 jobs at its Sudbury, Ont., operations, after falling nickel prices forced rival Inco (TSE) to announce a similar move. The western world’s second larg…

A summer visit to the Bousquet No. 2 gold-copper mine of LAC Minerals (TSE) 25 miles west of Malartic, Que., helped securities firm Midland Walwyn in deciding to issue a “buy” recommendation for the l…

Falconbridge says it expects to lose about 3,500 tonnes of cathode production at its Kidd Creek copper smelter in Timmins, Ont., after a leak was detected in the converting furnace, Sept. 16. Approxim…

Despite the current bleak conditions for junior mining in Quebec, some observers of the province’s mining scene have surprisingly bright forecasts for the future. “Quebec is one of the better places f…

Time is running out for gold mining companies that plan to hedge their 1992 production. As of June 30, 1991, North American gold producers had sold forward only 29% of 1992 production at US$420, accor…

Second in longevity among the troika of classic mines started by Dome Mines and Campbell Red Lake Mines in eastern Canada, the Sigma mine in Val d’Or, Que., is a creature of contrasts. The Placer Dome…

Activity in the Mishibishu Lake area of northern Ontario has come to a virtual standstill over the past year, following a string of disappointments for the area’s two major players, Central Crude (TSE…

Stepout drilling at the Fish Lake property, southwest of Williams Lake, B.C., is confirming results encountered in the first hole of this year’s drilling program. As a result, contained gold and coppe…