News

Dresser Industries of Marion, Ohio, has built a new mining shovel for an iron ore mine in Australia. With a duty cycle of 30 sec., the 65-cu-yd shovel can load a 190-ton truck in three passes. Working…

Roy McNeil is the new president of the Canadian Explosives Distributors Association for the 1986-87 term. McNeil, who is president of Industrial Trucking of Moncton, N.B., has served on the cedec boar…

Martin Walker has been elected chairman and chief executive officer of M. A. Hanna Company, based in Cleveland, Ohio. He succeeds Robert Anderson who will continue as a director and chairman of Hanna…

Diamond Chain Co. of Indianapolis, Ind., has appointed Michael Brewer as field representative. Brewer’s background is in power transmission with an emphasis on distribution.

For many, many years the mining industry considered itself a rugged, old survivor, able to endure the toughest of times. Of course, the industry hadn’t banked on the mini-holocaust handed us by the re…

Dresser Construction & Mining Equipment’s new vice-president, marketing, for mining machinery products is William Graessle. He will be responsible for product management, field sales and market suppor…

Almaden Resources will be taking a shot at Steep Rock Resources’ Kin g Bay gold property located on the shores of Sturgeon Lake, Ont. Almaden has the right to earn a 100% interest in the property by s…

From the point of view of the mining industry, there was only one thing that marred the epic flight of the Voyager superlight aircraft around the world. The aircraft itself, which has become the first…

The Australian government has decided not to proceed with proposals to tax the profits of the country’s gold mines or levy a compensatory tax on dividends distributed by Australian companies. The gove…

Despite its name the Nugget Vein at Gunsteel Resources’ gold property seven miles southeast of here contains little or no visible gold. So it’s safe to assume the vein was named by someone who thought…

Terra Mines reports a “substantial improvement in financial results,” due in part to the elimination of operating expenses at the company’s silver properties and income from its Bullmoose gold project…

As exploration ’86 grinds to a close, we must admit feeling somewhat disappointed that, despite one of the biggest programs of exploratory drilling for gold ever seen in this country, no major new dis…