Athabaska Increases Reserves at Nicholas Lake
Recent drilling by Athabaska Gold Resources (VSE) has boosted probable and possible reserves at the Nicholas Lake gold project near Yellowknife, N.W.T., to an estimated one million tons grading 0.32 o…
News
Antelope plans big program near Le Roi mine property
Antelope Resources (VSE) will spend $1 million or more on its Rossland, B.C., gold property this year. The project is a joint venture with Bryndon Ventures (ASE). To date, over 40,000 ft of drilling h…
OFF-HIGHWAY HAULAGE
The following are summaries of a selection of papers delivered at a conference entitled “Off-Highway Haulage in Surface Mines.” Sponsored by the Canada Centre for Mineral and Energy Technology (CANMET…
What’s New Blast Monitor
Instantel Inc. of Kanata, Ont., is marketing a new family of seismographs suitable for blast monitoring. The DS-677 BlastMate features electronic storage of up to 30 blast events and a computer interf…
What’s New Loadstar at Westar
The Greenhills mine in southwestern British Columbia began using a new Demag H285 hydraulic excavator in 1988. The unit is the first in Canada, according to Wajax Industries of Etobicoke, Ont., distri…
What’s New Rock Breakers
Two new light-duty impact breakers have been introduced by Ohio- based Allied. Both hammers feature a patented hydraulic design. A nitrogen gas charge minimizes oil fed by the carrier pump, according …
50 Years Ago YELLOW TIDE FLOWS TO AMERICA
Pouring in panic across the Atlantic, gold has fled Europe like a refugee from a battlefront. Nothing, in size, to compare has been seen before. The amount received, monthly by the U.S., a little by C…
Historical plaque to be unveiled at Brittania
A plaque commemorating the historic mining town of Brittania Beach, B.C., will be unveiled by Mary Collins, M.P., on May 13. A reunion for former employees and residents of Brittania mines will be hel…
NOTES FROM UNDERGROUND
Canada;s `muck-chasers’ meet once a year to swap ideas. Here’s what’s hot. Chasing muck is no picnic. And it’s becoming even more demanding now that base metals prices are on the upswing and more min…
Law DEALING WITH DEFAULT
“Sorry, but we just could not raise the money.” These or similar words often immediately precede, or are used to explain, the occurrence of an event of default under an agreement. The result that can …
TURNAROUND
Not one but two unmanned security huts greet visitors arriving at Placer Dome’s Endako molybdenum mine, the last one proclaiming: “All visitors report here.” It too is empty, but at least it has a tel…
Spot prices at a glance (May 01, 1989)
Price Week’s ($US) Change($) Gold* 384.40 + 1.50 Silver* 5.78 + 0.02 Platinum* 548.00 + 4.90 Nickel** 6.76 — 0.20 Lead** 0.28 + 0.20 Copper …