ODDS’N’SODS — Mucking at the Aunor
Most English-speaking countries refer to the blasted rock of mining operations as “muck,” regardless of whether the rock is ore or waste.As the capacity of mills increased, a large percentage of mine …
Articles by Northern Miner Staff
Sudbury symposium to feature mining and mineral technology
A symposium scheduled for Sept. 30-Oct. 3 in Sudbury, Ont., will highlight advances in mining and processing technology, as well as improvements in environmental research.Entitled “Mining and Minerals…
PRODUCER PRICES (September 16, 1996)
ALUMINIUM: LME settlements US$1,427.50 per tonne (Sept. 10, 1996), alloy US$1,255 per tonne (Sept. 5, 1996).ANTIMONY: Composite free market, US$2,625 per tonne (Sept. 10, 1996).BISMUTH: Composite free…
THE DIAMOND PAGE — Trenching unearths diamondiferous gravels in central Africa
Trenching by partners United Reef (URP-T) and Trans Hex International (THXI-C) has uncovered diamond-bearing gravels along a bank of the Bangoran River in the Central African Republic.The discovery wa…
STOCK MARKETS — Speculation weakens western resource index
The Vancouver Stock Exchange composite index slipped 18.11 points over the report period ended Sept. 10 to close at 1,215.54. The resource index fell even farther, dropping 94.07 points to finish at 2…
STOCK MARKETS — Gold issues sink on Toronto market
The Toronto Stock Exchange traded heavily but went virtually nowhere in the period Sept. 4-10, closing at 5,147.12, up 4.77 points from the previous week. The average daily volume was in the range of …
GOLD FUNDS (September 16, 1996)
Gold Funds as of September 5, 1996BGRCentralNet Value$25.06$6.56Price$18.55…
TSE short positions (September 16, 1996)
Short positions outstanding at August 31, 1996Larger individual positions included: Barrick Gold 9,911,619; Agnico-Eagle 235,653; Asia Pacific 150,425; Anvil Range Mining 526,920; Anderson Expl.335,80…
Laverton extends Rawas gold zone in southern Sumatra
Drilling on the Rawas gold project in southern Sumatra, Indonesia, has added about 550 metres of strike potential to the Berenai vein structure.Drilling north of the Berenai open pit, Laverton Gold (L…
KazMinCo doubles resource at Varvarinskoye
Prefeasibility drilling on the Varvarinskoye gold-copper deposit in Kazakhstan continues to return encouraging results for Kazakhstan Minerals (KMC-T), which has almost doubled its resource estimate f…
Barrick financing funds Chesbar’s Venezuelan projects
A financing agreement with Barrick Gold (ABX-T) will enable Chesbar Resources (CBI-T) to explore its gold concessions in Venezuela.Barrick will buy $2 million worth of Chesbar shares at $1.50 per shar…
Pioneer options deposit near Puffy
As part of a strategy to reactivate the Puffy Lake gold mine near Flin Flon, Man., Pioneer Metals (PSM-T) has optioned the nearby Nokomis Lake gold property in hopes of establishing a reserve there mi…