COMMENTARY — Can mining thrive in B.C.?
The mining industry in British Columbia employs almost 10,000 people and supports another 20,000 there and across Canada. Many more depend, to some degree, on mining in the province. Lawyers, accounta…
News
Queenston pulls high-grade gold at McBean project
Drilling down-plunge from the McBean open pit, east of Kirkland Lake, Ont., Queenston Mining (QMI-T) has encountered several significant gold intersections, including one with a multiple-ounce grade.F…
Drill results help Teuton and Minvita prove up Clone project
Partners Teuton Resources (TUO-V) and Minvita Enterprises (MVE-V) report encouraging drill results from the Clone property in northwestern British Columbia.The joint venture completed 49 diamond drill…
MacDonald resumes drilling on Cuban gold concession
Toronto-based MacDonald Mines Exploration (MMP.A-A) has begun diamond drill-testing geophysical anomalies on the Florencia concession in east-central Cuba.The anomalies, concentrated in the southern e…
ODDS’N’SODS — Diving for dollars
In 1951, I was working for Inspiration Drilling, under contract for Gunner Uranium in Uranium City, Sask. We had two drill rigs on the shore of Ace Lake and were using a 3-shift cycle. Our fieldman on…
Fairbanks set for gold rush centenary
In recognition of the centenary of the Alaska-Yukon gold rush, an international symposium on mining history will be held in Fairbanks from Sept. 9 to 14, 1997.Papers will be presented on various subje…
Canarc goes underground at Polaris Taku gold project
Canarc Resource (CCM-T) has begun the underground phase of its feasibility program at the Polaris Taku property in northwestern British Columbia.The work will entail drilling some 200 holes in an atte…
Asarco prepares to close Leadville mine
Lower prices for lead and zinc concentrate have prompted Asarco (AR-N) to close its Leadville mine in Colorado.The operation will be shut down indefinitely at year-end. The Leadville mill was closed i…
THE DIAMOND PAGE — Teck seeks alluvial source in Brazil
Teck (TEK-T) has discovered 56 kimberlites at the Canabrava diamond project in Minas Gerais state, Brazil.The major, which can earn an initial 60% interest in the project from Canabrava Diamond (CNB-V…
Santa Fe pulls out of Springpole
The Canadian subsidiary of Santa Fe Pacific Gold (GLD-N) has dropped its 50% option on the Springpole Lake gold project near Red Lake, Ont., leaving Gold Canyon Resources (GCU-V) in control.Santa Fe h…
Operations at Bougrine suspended
Mining and milling operations at the Bougrine lead-zinc mine in Tunisia have been suspended indefinitely, reports Inmet Mining (IMN-T).According to a study by Societe Miniere de Bougrine, the investme…
EDITORIAL PAGE — Payoff time
The Great Depression of the 1930s still evokes images of soup lines, stock-market casualties, bankruptcies and mortgage foreclosures, topped off by one of the worst droughts in Canadian history.Canada…