EDITORIAL No need to waste more time
Good communication between companies’ directors and shareholders is a basic tenet of a functioning equities market. A fundamental purpose of regulated equities markets is to protect shareholders, and …
News
Alberta Stock Exchange Argus a big trader
Despite a recent drop in the price of gold bullion, a couple of Alberta gold issues were big traders this week. After a recent lull in investor interest, Argus Resources posted a volume of 400,200 — …
Profile MAN WITH A MISSION
He’s not listed in the Who’s Who of Canadian Business. Not many academics trained in the esoterica of rock mechanics are. But if his ambitious plans work out, Dr Marc Denis Everell certainly would des…
EDITORIAL Hewers of Wood
For a long time, Canadians have been known, almost universally, as hewers of wood and drawers of water, a phrase which encompasses our supposed economic dependence on our natural resources — includin…
Cross-Cuts GEOSTATISTICAL METHODS A GODSEND FOR ENGINEERS
When rock mechanic engineers try to design safe underground repositories for the storing of spent nuclear fuel bundles, they strive for sophisticated and reliable methods of predicting induced damage….
Opawica sues Falconbridge over Lac Shortt mine
Opawica Explorations has issued a statement of claim in the Supreme Court of Ontario against Falconbridge Ltd. and Minnova Inc. claiming, among other things, an accounting, damages and the reconveyanc…
Placer, MSV expect mining decision by May
Following the completion of a $2.1-million underground exploration program on the Eastmain project, partners Placer Dome Inc and MSV Resources are expected to reach a production decison by May. Locate…
Bresea begins drilling
A $500,000 diamond drilling program has begun on property held by Bresea Resources in the Casa Berardi area of Quebec. The drilling is a follow-up to two years of surface exploration which included 30…
Computer Forum MICROCHIPS AND MINERALS
Mining in Canada is changing. And fast. For years “mining,” to the average Canadian, conjured up images of grizzled prospectors pounding on rocks somewhere in the vast north, searching for a mineral d…
Computer Forum OPTIMUM BLAST DESIGN
The computer blast model SABREX (Scientific Approach to Breaking Rock with Explosives) is a powerful new tool that can give miners the optimum bang for the buck. To highlight the role of all relevant …
Core shack PORPHYRY SILLS: The Colomac Property
Colomac, located 137 miles north of Yellowknife, N.W.T., contains proven and probable reserves in Zone 2 of 16,027,000 tons averaging 0.064 oz gold per ton in a fractured and altered quartz-feldspar p…
Cominco going underground soon
Underground exploration at the snip gold project in northwestern British Columbia should begin sometime in February, says Cominco Ltd., the operator. Delaware Resources will fund the $4.5-million prog…