News

Editorial Duncan R. Derry

With the passing this week of Duncan Derry, this country has lost a highly respected ambassador of Canadian economic geology — the very engine that powers this mining industry of ours. Certainly his …


CONTROLLING MAINTENANCE COSTS

Three years ago an investigative report compiled by the Canada Centre for Mineral and Energy Technology (canmet) confirmed what many in the mining industry had suspected: that maintenance costs consti…


THE GRADUATING CLASS

The gold exploration boom that began in the late 1970s continues to beget new mi nes — 12 of them in the latest graduating class. Considering the thousands of p roperties explored each year and the m…


CROSS CUTS DRAWING POWER

Magnets made of neodymium, iron and boron are about to penetrate the $1- billion world market for permanent magnets. Because of their high strength, low weight and low cost, Nd-Fe-B magnets could capt…


CROSS CUTS GOLDEN GIRLS

The next time you tell your wife she looks like a million bucks, it doesn’t have to be a lie. A new line of elitist cosmetics can leave her literally glowing. If you’re planning a business trip in Eur…


Malartic drift entering Orion ore

The No 8 zone at the Orion gold property is expected to be reached by an underground drift within days, Malartic Hygrade Gold Mines says. Located less than a mile northeast of the Camflo-Malartic gold…


Omni launces underground work

An underground development program is under way at Omni Resources’ Skukum Creek gold property in the southern Yukon. A 1,500-ft adit is being driven into what is thought to represent the main gold-sil…


Little Stull results for Tanqueray/Westmin

Anomalous gold values have been intersected by Westmin Resources on the Little Stull gold property held in joint venture with Tanqueray Resources. Located in Manitoba, the Little Stull property was te…


SUPPLIER’S NOTES Unit Rig & Equipment Co.

The Magma copper mine, in San Manuel, Ariz., has bought three additional M-100 Lectra Haul trucks from Tulsa, Okla.-based Unit Rig & Equipment Co. The fleet rep resents the first complete factory re-m…




Montreal Exchange Drilling pushes Aur up

Ore-grade gold values in 18 of 22 holes drilled on Aur Resources First Canadian property near Val d’Or, Que., boosted the company’s stock by about 13% during the week to close up 63 cents at $5.38 on…


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