First mining co-op students
The first mining co-op students recently received their diplomas as mining engineering technicians from the Haileybury School of Mines at Haileybury, Ont. A co-op system allows students to alternate a…
News
Nymex plans new trading centre
The New York Mercantile Exchange (Nymex) plans to build a new headquarters and trading floor in Manhattan’s Battery Park City. The commodity futures and options exchange grew recently when the Commodi…
Cominco Res. advances garnet project
The remnants of a gold-dredging operation that ceased production about 70 years ago are providing Cominco Resources International (TSE) with the makings of a new mining operation. The company is worki…
Metre monitors concentration of carbon in adsorption tanks
The C2 meter, a self-contained carbon concentration meter which continuously monitors and controls (if required) the concentration of carbon in carbon-in-pulp and carbon-in-leach adsorption tanks, is …
ODDS’N’SODS — Hollinger’s J.R. Timmins
Noah Timmins died Jan. 23, 1936. He was the last of the original five founders of the company known as Hollinger and was president since its inception — a period of 26 years. His pioneer spirit and g…
STOCK MARKETS — Continuing diamond weakness affects western
Investors who had been turned on by diamonds in recent years continued to “tune out and drop out” in droves this past week, as it became more apparent that finding an economic diamond pipe is no easy …
THE DIAMOND PAGE — Diamond Fields, partners sign agreement
Few junior companies searching for diamonds outside North America have accomplished as much, within a relatively short time, as Diamond Fields Resources (TSE). The company is headed by Jean-Raymond Bo…
Newmont studies Indonesian project
The contract for the first-phase optimization study of Newmont Gold’s (NYSE) Batu Hijau copper-gold project in Indonesia was awarded to Flour Daniel. The study will determine the best way to develop, …
METALS COMMENTARY — Markets feeling supply pressure
In many jurisdictions, governments are continuing to interfere in commercial trade activities. And while the consequences are not expected to be serious in the long term, metal prices will likely be a…
Crew acquiring tin operation
Control of the owner of the last producing tin mine in Cornwall, England, is passing to Crew Natural Resources (VSE). To acquire a 60% interest in South Crofty, Crew participated in a share offering b…
British Columbia awards grants
Forty-six companies in British Columbia will receive grants totaling $2.2 million from the province’s Mineral Exploration Incentive Program (MEIP). Applications for 201 projects were received during t…
Nuinsco makes rights offering
A rights offering has been made to Nuinsco Resources (TSE) shareholders residing in Ontario, Quebec, British Columbia and Alberta. Deak International Resources Holdings, which holds 8.4 million Nuinsc…