OBITUARY — Philip Malouf
Philip Malouf, who discovered what became one of the longest-living asbestos operations in North America, has died. He was 86.Malouf obtained an engineering degree from McGill University in 1935. Six …
News
Coal industry pushes for zero-emission energy
The Coal Association of Canada (CAC) has formed a joint venture with the Los Alamos National Laboratory in New Mexico to explore the technical and commercial feasibility of generating electricity from…
MINING MARKETS & INVESTMENT NEWS — NEWS ROUNDUP — Fortune sells Ontex shares
In order to focus on core projects, Fortune Minerals (ft-t) plans to sell 5.7 million shares of Ontex Resources (ONT-A) at 60 cents per share for proceeds of $3.4 million.The company has already secur…
MOST ACTIVE ISSUES, SEPT. 15-21
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MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Valerie among juniors to shine on VSE
The Vancouver Stock Exchange composite index edged up 0.73 of a point, or 0.2%, to close at 406.79 for the report period ended Sept. 21. The mining index tumbled 3.63 points, or 1.3%, to finish the we…
TSE INDICES (September 27, 1999)
1999Sep. 21Sep. 20Sep. 17Sep. 16Sep. 15HighLowCom…
METAL PRICES (September 27, 1999)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateSept. 21Sept. 20Sept. 17Sept…
Kiena drilling hints at extensions
A 9-hole drilling program by McWatters Mining (MCW-T) at its Kiena gold mine in northwestern Quebec has indicated possible extensions to the producing North zone.Six of the nine holes intersected sign…
Geomaque upgrades projects
Results from a series of 71 near-surface backhoe pits have added a strip of mineralization to the southern extent of the San Roberto zone at Geomaque Exploration’s (GEO-T) Vueltas del Rio gold deposit…
Production rises at Golden Bear
Better-than-expected production from the Golden Bear mine in northwestern British Columbia is strengthening the bottom line of Wheaton River Minerals (WRM-T) and providing a push to the Bellavista gol…
Rubicon hits more sulphides at Palmer (September 27, 1999)
Rubicon Minerals (RMX-V) has tabled more encouraging assay results from its massive sulphide discovery at the RW zone, part of the Palmer project, near Haines, Alaska.Hole 13 was drilled downdip and 1…
Meridian starts up El Pe-on in Chile
Reno, Nev.-based Meridian Gold (MDG-N) has begun mining its El Pe-on gold-silver deposit in northern Chile.The 2,000-tonne-per-day operation, constructed in 10 months, will combine open-pit and underg…