NEWS ROUNDUP — Teck’s quarterly earnings climb
Net earnings of $14 million were reported by Teck (TSE) for its latest quarter ended Sept. 30, a sizable increase from the $6 million reported in last year’s third quarter. The company’s mining operat…
News
N.S. open house welcomes public
The Mines, Minerals and Energy Resources group of Nova Scotia’s Department of Natural Resources (DNR) has introduced a new twist to its Annual Review of Activities. To be held Nov. 4-5 at the World Tr…
Goldpatch acquires numbered company
Toronto-based junior Goldpatch Resources (CDN) has agreed to purchase all of the issued shares of a numbered Ontario company in exchange for $125,000 in cash and one million common shares of Goldpatch…
Evaluating kimberlites adds dramatically to costs
Having recently intersected a kimberlite on their Lac de Gras area property, Aber Resources (TSE) and partners SouthernEra Resources (TSE) and Commonwealth Gold (VSE) must now await processing results…
EDITORIAL PAGE — Canada’s economic woes worry foreign
The writing is on the wall, and in red ink. Our preoccupation with things constitutional and our perceived inability or unwillingness to deal with economic issues have worried foreigners. Statistics C…
METALS MARKETS — Metals threatened by subsidies
Reacting to growing unemployment and falling confidence, consumers worldwide are cutting all unessential spending, including metals. Ignoring their consumers and voters, governments, with huge deficit…
Musto plans 1993 completion of Bajo feasibility study
By the second quarter of 1993, International Musto Explorations (TSE) expects to complete a feasibility study which it hopes will bring the technical and economic potential of the Bajo de la Alumbrera…
GIBRALTAR’S JUST SCRATCHED THE SURFACE: Theory becomes
Gibraltar mine exploration geologist George Barker was mildly optimistic when he hopped into his company pickup on a Saturday morning late in the summer of 1990. He was off to check core from a diamon…
AMERICAN BARRICK BONANZA
When the Spaniards discovered the high-grade orebo Peru and Bolivia they had a name for them — bonanzas — a word that conjures up the prospect of untold riches. The language of their cooler-blooded …
ENERPAC’S POWER WRENCHES
Enerpac’s trademarked Plarad line of hydraulic power wrenches is now available through a worldwide network of dealers. Plarad has two system types: the low profile UKS system for work in tight areas o…
TWO DECADES ON A ROLLERCOASTER
As one of the lowest-grade producers in North America for the past 20 years, the Gibraltar open-pit copper mine has constantly striven to control, and reduce when possible, operating costs. At the out…
MICRON GOLD
The infinitely small particle size of Barrick’s gold, and of other producers on the Carlin trend, is directly attributable to its hot-spring origin. Less well known, the accompanying pyrite (plus up t…