Editor’s Note BLESSING OR CURSE?
Canada’s hardrock mineral wealth has been both blessing and curse. Blessing, because it nurtured and sustained this country through childhood and early adolescence. Curse, because our resource riches …
News
Murgold, Chesbar pleased with test
Testing of 10,856 tons of stockpiled material from the Chester Twp. gold project southwest of Timmins, Ont., confirmed the material is amenable to gold recovery by gravity flotation methods, Murgold R…
Gold Standard, Big Pony exploring for gold in Uruguay
Although Uruguay has never witnessed significant, sustained gold exploration in the past, the small South American country is experiencing somewhat of a gold boom led by companies such as Bond Interna…
REDSTONE NICKEL
The first load of ore came up from underground just this spring. But already, the Redstone nickel operation near Timmins, Ont., has shipped a million lb of nickel in concentrate to the Sherritt Gordon…
Equinox options Van Stone mine
Already a gold producer through its minor interest in the Buckhorn mine in Nevada, Equinox Resources (TSE) has secured an option to buy 100% of the Van Stone lead-zinc mine in Washington State. The fo…
Thermal Sept 20
A partnership between Western Copper Holdings, a wholly owned affiliate of Teck Corp. (TSE) and Thermal Exploration (ASE), has been organized to examine the mine-making potential of the Williams Creek…
Metal Prices PRODUCER PRICES (October 02, 1989)
ALUMINUM: MW U.S. Market US76.25 cents – 78.25 cents per lb. (Sept 21, 1989). ANTIMONY: New York dealer US94 cents -98 cents per lb. (Sept 14, 1989). BISMUTH: New York dealer $4.75-$4.85(US) per lb. …
KIERENS
e small, 250-ton-per-day (230- tonne-per-day) Kierens gold mine, near Malartic, Que., could become slightly larger if a feasibility study on the adjoining Norlartic property pans out. Aur Resources, …
Inco reports Snow Lake reserves
A new reserve calculation has been completed by Inco Gold, a wholly-owned affiliate of Inco Ltd. (TSE) for the former producing Snow Lake gold mine in Manitoba. Held under option from High River Gold …
Innovations VERTICAL RETREAT
Back in the early 1980s, Inco was losing $2 million a day. The company had to find ways to cut costs and improve productivity. It did, and the single biggest factor was a shift to vertical retreat min…
50 Years Ago BASE METALS DEAL INVOLVES ALL CANADIAN PRODUCERS
By the end of this week it may be possible to conclude and announce a new deal on Canadian base metals in which all Canadian producers, not simply the “big four,” will participate. In Ottawa, a confer…
Int’l Coast completes study on Polish project
Although risk factors concerning the political environment were n’t taken into account, International Coast Minerals (VSE) has received a positive pre-feasibility study by Wright Engineers for its pro…