OBITUARY — Gordon Plaskett
Longtime mining executive Gordon Plaskett died recently in Peterborough, Ont. He was 76. Plaskett served as president of Canadex Resources and Santa Maria Mines, both of which have connections to the …
News
Laminco tests San Antonio
Plans to develop the Luz del Cobre copper deposit as an in situ leaching operation are on hold as Laminco Resources (TSE) evaluates the potential for bulk-tonnage gold mineralization. Luz del Cobre fo…
COMMENTARY — Galvanizing and the zinc market
Increasingly, the demand for zinc has come to rely on the galvanizing sector. According to the latest figures from the International Lead and Zinc Study Group, consumption in this sector rose by some …
Portman stakes additional claims on deformation zone
Junior Portman Explorations (VSE) has staked an additional 199 claims in northern Ontario. The claims, situated in MacMurchy, Natal, Churchill and Kelvin twps., are west of ground drilled by Portman a…
Highland Valley retains giant status
It is the second-largest copper milling operation in the world (after Chuquicamata in Chile), and recent production figures only verify the ranking. In 1994, Highland Valley Copper milled 43.48 millio…
Kennecott drills Trendline
Drilling is under way on the Trendline property in the Battle Mountain trend of Nevada. A 4-hole, reverse-circulation program conducted by Kennecott is testing geophysical targets to a depth of 500 to…
LETTER TO THE EDITOR — Similar geology found at East
Regarding the article “New type of gold in Canadian Shield” (T.N.M., March 6/95), I would like to draw your attention to the gold deposits within the Pontiac Supergroup at Malartic, Que., that were mi…
TSE INDICES (April 10, 1995)
— 1995 — Apr 4 Apr 3 Mar 31 Mar 30 Mar 29 High Low Composite”300″ 4251.76 4277.24 4313.61 4319.49 4299.00 4320.52 3983.34 Metals&Minerals 4148.04 4112.48 4152.24 4179.06 4145.16 4337.89 3273.56 Inte…
Bre-X firms up Busang gold play
Stepout drilling at the Busang project in Indonesia has reinforced the owner’s perception that the Central zone could host a gold resource minable by open-pit methods. Bre-X Minerals (ASE) drilled six…
BHP options copper project
Australian mining giant BHP Minerals will join forces with Francisco Gold (VSE) on the Coahuila copper project in Mexico. Exploration to date indicates the presence of a large, sedimentary-hosted copp…
Crude steel output off slightly in ’94
World crude steel production in 1994 totalled 723.3 million tonnes. The International Iron and Steel Institute of Brussels says preliminary figures place output 0.9% below the 1993 level and 8% below …
Commodity index in decline
The commodities index of the Bank of Nova Scotia declined by 1.3% in February after rising for six straight months. A sharp drop in metals and minerals prices and a seasonal fall in agricultural price…