HEAP LEACHING, A PROFITABLE SIDELINE
Heap leach ore at El Indio is a byproduct of mining in the Tambo open pits. Low-grade ore running on average 1.2 g per tonne — waste rock were it not for heap leaching — is piled in 6-m lifts up to …
News
EL INDIO: PRODUCTIVITY IS PRIORITY ONE; An underground and open
The El Indio mine sprawls across several peaks of the Chilean Andes some 4,000 m above sea level. A collection of profitable underground and open-pit mines, the complex lies approximately 190 km east …
BRED IN THE BONE: Appropriately, LAC’s chief of operations was
Decentralized control and mine managers who are fully responsible for each of their mines. Thats the philosophy of LAC Minerals, a million-ounce producer with an empire in both the Americas overseen o…
Garde lists on ASE
Class A shares and warrants of Garde, Mining Exploration have been listed on the Alberta Stock Exchange. Trading in the shares and warrants will be delayed pending the close of the prospectus offering…
Mine writeoffs hurt Granges
Writeoffs at the Crowfoot/Lewis mine in Nevada and the now-closed Tartan mine in Manitoba helped push Granges (TSE) into a $22.3-million loss for the three months ended Sept. 30. Granges wrote down it…
FUTURES PRICES (November 25, 1991)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Nov 104.90 103.80 104.25 – 1.55 Dec 104.55 103.20 103.75 – 0.85 Jan 103.50 103.40 103.15 – 0.75 SILVER (in US cen…
Alberta Stock Exchange (November 25, 1991)
Northfield Minerals picked up 8 cents to close at 83 cents for the week ended Nov. 19 as the company poured its first gold from the Cheminis mine east of Timmins, Ont. More than 1,200 oz. were recover…
PRODUCER PRICES (November 25, 1991)
ALUMINUM: MW U.S. market US53.25-53.00 per lb. (Nov. 7, 1991). ANTIMONY: New York dealer US82-84 per lb. (Aug. 8, 1991). BISMUTH: New York dealer US$3.10-3.20 per lb. (Sep. 26, 1991). CADMIUM: New Yor…
White Star rises as talks continue on Kidd property
Shares of White Star Copper Mines (CDN) have soared since the junior announced that it is negotiating with a “major mining company” to explore its Kidd Creek area play near Timmins, Ont. White Star’s …
Unlisted Trading (November 25, 1991)
White Star Copper Mines (CDN) emerged as the top trader during the week ended Nov. 19, jumping from 10 cents to 50 cents in a matter of days. The junior says it is negotiating with a major mining comp…
Dasher offering
Consolidated Dasher Resources (VSE) plans a rights offering, subject to regulatory approval, in Ontario and British Columbia. One right will be issued for one share; three rights and 15 cents will per…
Amax gets permit for Hayden Hill after 2-year wait
Final permits for the Hayden Hill gold project northwest of Susanville, Calif., have been received by owner Amax Gold (NYSE), clearing the way for an immediate construction start. Amax completed a pos…