ODDS ‘N’ SODS — Eldorado the beautiful, Part 1
Franz Johnston, one of Canada’s Group of Seven painters, had a love of the Canadian north and spent the winter of 1938-39 painting at a remote mining camp above the Arctic Circle.In late 1938, mining …
News
DIAMOND PAGE — SouthernEra tests lake targets in N.W.T.
Northeast of Camsell Lake, at the Mackay-Back Lakes diamond project in the Northwest Territories, SouthernEra Resources (SUF-T) is drill-Testing high-priority geophysical targets.Six key kimberlite-in…
DIAMOND PAGE — Rovic may be resuscitated
Botswana Diamondfields (BWO-V) is considering resuming production at its idle Rovic diamond mine in Botswana following an accident last year, which killed 20 workers.The company says mining of the rem…
GREATEST VALUE TRADED (May 12, 1997)
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Spot Prices (May 12, 1997)
Wednesday, May 7, 1997Price (US)Week’s ChangeGold*$340.65+ $0.20Silver*$ 4.72…
Cameco gets nod for McArthur River
The Saskatchewan government has given its consent to Saskatoon-based Cameco (CCO-T) to develop the McArthur River uranium project.Situated 620 km north of Saskatoon, the project has a resource of 416 …
Lone Star shelves plans for Awak Mas gold mine
Low gold prices and preliminary results of a feasibility study have forced Lone Star Explorations (LSE-V) to put off construction of its Awak Mas gold project in Indonesia.The Australian company says …
Teck and Getchell report Rainbow results
Encouraging results have been reported for all six holes drilled on the Rainbow copper-gold property in southern British Columbia.Situated southeast of Kamloops, the project is a 70-30 joint venture b…
Lower metal prices squeeze first-quarter earnings of Teck
Higher gold and copper production by Teck (TEK-T) were offset by lower prices during the first quarter, resulting in a decrease in earnings.The company reported a profit of $15 million (or 16 cents pe…
Sahelian acquires Poura
Toronto-based Sahelian Goldfields (SHGI-C) has acquired the Poura mine, a former gold producer in Burkina Faso, West Africa.In addition to the mine, which has produced more than 600,000 oz. gold from …
LETTER TO THE EDITOR — Tory education cuts undermine industry’s future
The so-called “attack” on the deficit by the Progressive Conservative government of Ontario is really an attack on the Ontario education system.The $800 million that has been extracted from public edu…