FUTURES PRICES (August 06, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 126.30 124.90 125.30 + 5.30 Sept 125.50 123.60 124.60 + 4.40 Oct 123.00 123.00 122.60 SILVER (in US cents per…
News
Alberta Stock Exchange Adrian benefits from rumored results
Over the past six months, shares of Ontex Resources have quietly moved up above the $1.60 level from below $1 in March. During the week ended July 31, Ontex gained 15 cents to close at $1.65. The gain…
Belmoral to eliminate debt through asset sale to Aur
For the second time this year, Belmoral Mines (TSE) and Aur Resources (TSE) have worked out a deal designed to rescue Belmoral from its financial predicament and expand Aur’s influence in the Val d’Or…
U.S. REPORT Arimetco sees bright future in low-cost SX-EW
Newly listed Arimetco International (TSE) has some ambitious plans to develop low-cost copper mines in North America which make use of acid leaching followed by solvent extraction and electrowinning, …
Liners for Leaching
The need to protect groundwater resources from the contaminating effects of toxic liquids has created a thriving market for the manufacturers of synthetic, “impermeable” geomembranes. Miners seeking t…
The Refractory Riddle; A large amount of gold is trapped in
An outbreak of alcoholic neuritis in northwest England in 1900, as recorded by Dr. Ernest Reynolds in the British Medical Journal on Nov. 24 of that year, changed the way toxic hazards are regulated. …
Ins and outs of grouting
“There is no longer a place in our profession for black magicians — although artistry is still to be encouraged — who deliberately obfuscate issues in order to maintain some form of self-serving mys…
Suppliers’ Notes (August 03, 1990)
Minpro Ltd. has installed Ecuador’s first modern gold-processing plant. The 120-tonne-per-day mill, shipped in modules from the company’s Mississauga factory, will be treating a rich gold ore. Among t…
Nuclear Police; The AECB Gets Tough
At the invitation of the Hatchet Lake Indian band, members of the Atomic Energy Control Board (AECB) will meet in October at Wollaston Post, a community 30 km east across Wollaston Lake from Cameco’s …
Polymetallic pickings; With gold coantent particularly high, the
The Estrades orebody in northwestern Quebec is a gold-rich, polymetallic massive sulphide deposit occurring within the Casa Berardi Fault zone. Although it exhibits characteristics similar to Kuroko-a…
Cross-Cuts (August 03, 1990)
INDIVIDUALISM TRIUMPHS IN B.C. Three cheers for the little guy. In British Columbia, individual prospectors can take credit for the recent discovery of several orebodies. Included in the finds are a t…
Anatomy of a spill
A provincial court has ruled that negligent management and improper maintenance procedures caused a spill of contaminated uranium mine water at Rabbit Lake, Sask., on Nov. 6 and 7, 1989. During a peri…