Highland Valley set to go
Union workers at Canada’s largest copper mine, Highland Valley Copper, near Kamloops, B.C., have voted 86% in favour of a 5-year offer that ties wages to the price of copper.The deal ends a stalemate …
News
Eastmain drills at Bathurst
Eastmain Resources (ER-T) has begun a 2,000-metre drill program on its Tingley Brook property, near Bathurst, N.B. The project comprises 190 claims in the southern portion of the Bathurst mining camp….
Cominco makes discovery
Drilling by Cominco (CLT-T) has revealed high-grade, zinc-lead mineralization 6 miles north of the company’s Red Dog mine in northwestern Alaska.The results point to a flat-lying zone that is still op…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Gold demand on the rise
Gold demand continued to increase in the second quarter of 1999, according to a report from the World Gold Council.Total demand in 27 markets was 809.5 tonnes, up 16% over the second three months of 1…
Pamour gold mine to remain open – for now
The union at the Ontario division of insolvent Royal Oak Mines has staved off a move by the company’s receiver to close the Pamour and Nighthawk operations, near Timmins, Ont.Receiver Price Waterhouse…
EDITORIAL & OPINION — Anderson’s folly — ESA nightmare
Since taking the post as Canada’s environment minister following a recent cabinet shuffle, David Anderson has wasted no time launching a proposal that would make it a criminal offence to destroy endan…
Rubicon tables results from Palmer drilling
Rubicon Minerals (RMX-V) has released more encouraging drill results from the newly discovered RW sulphide zone on the Palmer property, near Haines, Alaska.Hole 11 returned an average grade of 4.9% zi…
Rio Narcea drills record hole
Drilling by Rio Narcea Gold Mines (RNG-T) at its El Valle mine in northern Spain has uncovered what appears to be a shallow, high-grade zone of mineralization. The 10-hole program is testing a previou…
Hollinger history
Your story on Great Basin Gold’s Ivanhoe area play in the Investment Commentary of Aug. 30 overlooked two interesting historical points about the Hollinger mine.The operators put sulphide ore on the l…
LME WHSE LEVELS (September 06, 1999)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Aug. 31/99 (change from Aug. 24 in brackets):MetalStock (tonnes)Change…
Golden Star eyes Birim
In order to secure more feed for its newly acquired Bogoso gold mine and mill in Ghana, Golden Star Resources (GSC-T) has launched a takeover bid for Montreal-based explorer Birim Goldfields (BGI-T).B…
EDITORIAL & OPINION — ODDS ‘N’ SODS — Developing Granduc
The Granduc mine is a classic case of an isolated mine project, as the orebody was bounded by the Leduc glaciers to the east, west and north and the Frank Mackie glacier to the south. The nearest comm…