WCB to rule on rate appeal
Shortly before presstime, the directors of Ontario’s Workers’ Compensation Board (WCB) were scheduled to review an appeal of 1994 rates. The appeal was launched by the Ontario Mining Association (OMA)…
News
Rescue workers active at Macassa
A rescue effort continues underground at the Macassa gold mine just west of Kirkland Lake, Ont., where two miners remain trapped following rockburst activity. The two men, identified in news reports a…
Cameco moving research division
The research and development (R & D) division of Saskatchewan uranium producer Cameco will be relocated from Saskatoon to Port Hope, Ont., where the company’s uranium processing plant is situated. The…
Lyndex plans metallurgical test
Lyndex Explorations (CDN) will soon begin metallurgical testing of samples from a gold property in Europe. The program, intended to verify previous results, will operate in conjunction with on-going b…
EDITORIAL PAGE — Yes Virginia, there’s hope for base metal
Could this be it? Could this be the turn in the base metals markets for which many of us have been hoping? The charts for nickel, copper, lead and zinc reveal that prices have at least come off the ma…
Columbia Gold Mines reviewing Heino operation
Lower-than-expected head grades and tonnage from the Heino Money zone at the Tillicum property near Nakusp, B.C., have prompted Goldnev Resources (VSE) and Bethlehem Resources (TSE) to drop their opti…
Hedman Res. completes placement
Alberta-listed Hedman Resources has completed a $500,000 private placement with European investors. Hedman has been operating an open-pit mine and mill complex near Matheson, Ont., for the past two de…
THE DIAMOND PAGE — Lac de Gras update
At a recent conference Rory Moore, manager of BHP Canada’s diamond program, provided an overview on the origin and emplacement of diamonds, as well as details of the company’s joint venture with Dia M…
Overseas Quotes (December 20, 1993)
Bid Ask SOUTH AFRICA (US$) Anglo Amer S.A. 43.88 44.25 Cons Modderfontein 0.18 0.26 Debeers Cons 23.75 24.00 Driefontein Cons 12.62 12.88 Freestate 16.25 16.50 Kloof Gold Mining 11.25 11.38 Rustenburg…
LETTERS TO THE EDITOR — Little encouragement for mining
I am interested in your editorial, “It ain’t over till it’s over” (T.N.M., Nov. 22/93), concerning the Windy Craggy operation and attempts by the British Columbia government to declare the Tatshenshin…
LETTERS TO THE EDITOR — Escondida find a team effort
In the article “Arequipa eyes Peruvian copper” (T.N.M., Nov. 29/93), David Lowell is described as having “managed” the exploration program that resulted in the discovery of Chile’s La Escondida copper…
Westminer suit against Seabright before appeal court
Arguments have concluded in the Nova Scotia Court of Appeal in the lawsuit between Westminer Canada and the former directors of Seabright Resources. Westminer is seeking $62 million in damages to comp…