Lower metal prices drag commodity index
Falling metal prices contributed to a lower all-commodity price index in September, Scotiabank reports. The over-all index fell 1.86% from August, which was down slightly from July. The metals and min…
News
Pine Channel wraps up sampling program
Preliminary exploration results from a lead-zinc-silver property in Saskatchewan have been reported by Pine Channel Gold (VSE). The company recently completed a program of surface sampling and trenc…
Preliminary work encouraging: Rogi
An IP survey on the Lourmet property near Val d’Or, Que., has returned encouraging results, Exploration Rogi (ME) and Aur Resources (TSE) report. Indicated is a strong anomaly coinciding with a volcan…
Rio Algom weighing buyout of Uranium Resources
Dallas-based Uranium Resources (TSE) recently confirmed that a U.S. subsidiary of Rio Algom (TSE) is a potential buyer for all its outstanding shares. The company’s non-binding letter of intent with R…
Minefinders starts drilling program
Drilling is under way on two exploration projects in Quebec, Minefinders Corp. (VSE) reports. Drilling on two other Quebec properties is scheduled to commence before the end of the year. An $800,000…
LAC’s global ore search focusses on Chilean mine
To find some of LAC Minerals (TSE) recent exploration highlights, you have to look to South America, specifically southern Chile, where the company’s Toqui zinc mine is. When The Northern Miner tried …
Letters to the Editor Already in place
Your editorial of Oct 9 argues persuasively that tax legislation should be amended to ensure equitable treatment of mine reclamation costs. You may be interested to know that legislation passed in Bri…
50 Years Ago SIGMA IS HEALTHY AT DEPTH
The ore measures at Sigma, Dome’s subsidiary in Quebec, are continuing to depth in strong fashion, The Northern Miner understands. Sinking the main shaft was recently completed to 2,125 ft. for eight …
osscuts BIG IS BEUTIFUL
In narrow-vein underground gold mining, recent equipment innovations have reflected “the small-is- beautiful” principle. In open pit coal mines, behemoths rule. Take, for example, the next generation…
Gold THE SUPPLY QUESTION
There probably are more “experts” on the subject of gold than on any other financial entity. But when one lives with the gold market day in and day out and observes how its price continually changes i…
50 Years Ago NEW GOLD DISCOVERY NEAR ROWAN LAKE
New and quite interesting gold finds were made by Ken McRae last month at Wampum Lake in the Rowan Lake district, 40 odd miles north of Fort Frances. Several narrow quartz veins have been uncovered an…
Asbestos FUGITIVE FIBRE
It is practically indestructible. It resists heat, acids and electrical currents. It is chemically inert. Builders add it to concrete for extra strength and durability, yet its fibres are supple enoug…