Mt. Polley mine enters commercial production
Though not yet completely commissioned, the Mt. Polley mine near Williams Lake, B.C., has officially opened.Imperial Metals (IPM-T) is operating the project, in which it owns a 55% interest. The remai…
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TSE SHORT POSITIONS (September 22, 1997)
Short positions outstanding at August 31, 1997Larger individual positions include: Armada Gold 114,900, up 114,900; Aur Resources 331,050, up 330,250; Barrick Gold 10,977,077, up 256,010; Bema Gold 4,…
MINERAL EXPLORATION — Minco explores Tian Shan properties in western China
Minco Mining & Metals (MMM-V) has been using a combination of hi-tech remote sensing and old-fashioned prospecting in its summer grassroots exploration program on its Tian Shan properties in northwest…
Altavista boosts Santa Anna resource — Company prepares for feasibility study
Drilling by Altavista Mines (AIA-M) has quadrupled the resource base at its Santa Anna property in northwestern Quebec.Resources now stand at 1.6 million tonnes grading 3.18 grams gold per tonne, comp…
MINERAL EXPLORATION — Consortium investigates mobile-ion geochemistry
Trying to aim the drill at the needle, and not the haystack, is the goal of researchers working on mobile metal ion (MMI) geochemistry.Zones of metal enrichment in soils often do not occur right on to…
COMMENTARY — Streamlining of regulations must continue
The author is vice-president of sustainable development for Vancouver-based Placer Dome and has written the following article at the request of Keep Mining in Canada, an organization designed to incre…
ODDS ‘N’ SODS — Mines in the middle of nowhere
Mines are found in some of the most inaccessible locations on earth. Although mineral operations seldom are situated in the heart of a large city,they often evolve around mines.The most outstanding ex…
STOCK MARKET — Mining index follows suit as western markets slacken — Interest sustained in Eastern European gold plays and Territorial diamonds
Western markets remained flat over the report period ended Sept. 9. The Vancouver Stock Exchange composite index was off less than a point, closing at 841.54, while the mining index slipped 9.38 point…
SPOT PRICES (September 15, 1997)
Wednesday, September 10, 1997Price (US)Week’s ChangeGold*$321.00- $1.00Silver*$ 4.
BHP swaps ground for Eastmain shares
BHP Minerals (BHP-N) will transfer base metal and gold exploration properties in eastern Canada to Eastmain Resources (ER-T) in exchange for shares, the number of which will be decided following a due…
Trans Hex, Ocean keep sampling
Having found only one gem-quality macrodiamond in the first bulk sample from the Sunda Shelf property, off the coast of Namibia, partners Trans Hex International (THI-T) and Ocean Resources (OCR-V) ha…
DIAMOND PAGE — Shore Gold buys out Saskatchewan partner
Saskatoon, Sask.-based Shore Gold (SGF-A) has taken complete control of the Fort la Corne diamond project it had shared with Rio Nevada Mines (RN-A).Rio Nevada sold its 25% interest to Shore for 250,0…