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…
News
50 Years Ago – The Northern Miner, August 1940
NOT A STRIKE IN CANADA A most significant announcement has been made by the Dept. of Labour in Ottawa, which reports that there was not a single strike or lockout in progress in Canada at the end of J…
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…
On the Move (August 03, 1990)
Software system manufacturer Jonas & Erickson has appointed Robert Garbutt to the position of president and chief executive officer. Garbutt was recently senior vice-president at MAI Basic Four in the…
Black Hawk completes acquisition of Union nickel-copper deposit
Toronto-based Black Hawk Mining (TSE) says it has acquired all the outstanding shares of First China Capital whose main asset is the Union nickel-copper deposit in the state of Maine. Based on 170 dri…
Alberta Stock Exchange Tyrae gains 43 cents
The high-profile Eskay Creek gold region of northwestern British Columbia continues to attract more junior companies. One of the latest newcomers is Tyrae Resources, which following a recent change of…
Drilling resumes on Douay gold bet
A new drilling campaign has started on the Douay gold property owned by joint venture partners Inco (TSE), Societe d’Exploration Miniere Vior (ME) and Cambior (TSE). The property is in the Casa Berard…
COATS (over-the-counter) Gold Bar hit with lawsuit
It appears that Southern Arizona Mining and Smelting’s bid for a 50% interest in the Chester Twp. gold property near Gogoma, Ont. is in jeopardy. James Hunter, a shareholder of property owner Gold Bar…
Northwest moves to next stage in Colomac construction phase
Having completed plant construction at its wholly owned Colomac gold project, 137 mile north of Yellowknife, N.W.T., NorthWest Gold (AMEX) (formerly ABM Gold) is tuning up the project’s milling facili…
FUTURES PRICES (July 30, 1990)
N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) July 122.80 121.00 122.25 — 0.50 Aug 120.20 121.65 120.00 — 1.50 Sept 120.80 118.60 120.40 + 0.40 SILVER (in US…
New Wind Mountain gold mine boosts Amax Gold’s earnings
Amax Gold (TSE, NYSE) continues to post a strong operating performance, with second-quarter output up 29% to 91,654 oz., primarily due to excellent results at its new Wind Mountain mine in Nevada. It …
Result speculation reason for jump in Crown Butte issue
Crown Butte Resources (VSE) says it isn’t aware of any reason, other than market anticipation of drill results at its Montana project, why the price of its shares increased by $2.25 recently on heavy …