Faraday, Jascan deal
Faraday Resources (TSE) has completed the purchase of a 40% interest in Jascan Resources (TSE). Jascan has $7 million in cash and short-term investments. The company’s main mining interests are a roya…
News
Law MORE ON DEFAULTS
In the last instalment on the subject of defaults (see May issue), we left the villain having defaulted under option arrangements and considering the potential of defaulting under farm-in/joint-ventur…
FORMIDABLE EXPERTISE
More than 700 people in and around the town of Campbell River on Vancouver Island make their living in Strathcona Provincial Park, some earning more than $80,000 per year. These people aren’t raking l…
What’s New DIRECTIONAL DRILLING
A new, automatic directional drilling tool has been successfully tested in Canada by Redpath Raiseboring of North Bay, Ont. The tool was developed by Bergbau- Forschung and Schwing Hydraulik Electroni…
COMPUTER PROCESS CONTROL Part 1
There is a wide distribution in the Tdegree to which process control Tis applied in North American gold mills. We believe that the distribution is decidedly skewed toward pre dominantly manual contro…
LEACH PAD LEADERS
Heap leachers continue to refine their techniques for fatter profits. By Olav Svela Innovation has been a hallmark of the heap leachers. That may be because this mineral extraction process itself was…
MINING GOES GREEN
Industry and government are grappling with the question of how much pollution is acceptable Nineteen eighty-nine is shaping up to be the year of decision on the environment. Industry and business have…
50 Years Ago GEOLOGY FOR THE LAYMAN
We have heard comments occasionally that readers of mining news sometimes miss the significance of a report because they do not understand the implications of geological information given. Accordingly…
Specs cs **
** CONTINUOUS PROCESSES ** Solids/liquids separation has gone through quite a change over the past decade. This mineral processing circuit was once dominated by drum or disc filters. But the vacuum fi…
50 Years Ago COBALT WORTH MORE THAN SILVER
A delegation from Cobalt and surrounding areas seeking a bonus on silver for the Cobalt and Gowganda silver areas of Ontario has waited on the Dominion government, but the outcome has not been announc…
EMVIRONMENTAL POLICY UNVEILED
The following is the new environmental policy of The Mining Association of Canada: Member companies of the mac are committed to the concept of sustainable development, which requires balancing good st…
50 Years Ago GOLD REACHES NEW PLATEAU AS SEVERAL CURRENCIES BREAK
The expected has happened. The pound has fallen and gold has gone to a new high price in London, the world’s one great open market. The news is important, for even though the drop came co-incident wit…