Australia’s Gwalia opens U.S. office
Another Australian mining company has opened an office in the United States. Gwalia (USA) Ltd., the North American affiliate of the Gwalia Group, has established an office in Denver, Colo. The company…
1989
Eastmaque to expand production at Cargo Muchacho
By September of this year, Eastmaque Gold Mines (TSE) is expecting to pour the first gold from its new American Girl Canyon open pit mine in California. The heap leach operation is part of the company…
50 Years Ago ZINC OUTPUT DROPS
Canada produced 30.6 million lb of zinc during January. In the preceding month 31.9 million lb were produced, while in January, 1938, the output was 34.8 million lb. The average price of zinc on the L…
Partners terminate option on Interlake’s Hemlo play
A chapter in Hemlo history appears to have come to a close. Teck Corp. (TSE) and Hemlo Gold Mines (TSE) have terminated their option to earn a 100% interest in several key claims owned by Internationa…
THE ECONOMICS OF THIOUREA
If cyanide costs $2 per kg and if it costs between $8 and $14 per kg to destroy it by chemical methods, then it may be more economic for a gold mine to use thiourea to leach its ore. Here’s the reason…
Cross-Cuts NASA MINES LTD.
It now lies within the realm of possibility, if not probability, that by early in the next century geologists will be chipping at rocks on the surface of the moon in a serious mine-finding effort. Moo…
News in Brief (May 01, 1989)
Tri Pacific Resources has changed its transfer agent to Pacific Corporate Services.
Continental Mt Milligan
The extent of the low grade porphyry gold-copper system at Continental Gold Corp.’s (VSE) Mt. Milligan project in central British Columbia should be known after the current step-out drilling program i…
AN INVENTIVE MIND
“Vaino Ronka is the only guy I know who can follow you into a revolving door and come out ahead of you.” — Alex Herz, Ronka’s business partner. When geophysicists think of fixed-wing airborne elect…
Cominco still adding up profits
Although most base metal producers won’t say how long they expect metal prices to remain strong, the latest financial results from Cominco Ltd. (TSE) suggest the good times are not over yet. Higher me…
Denison committed to uranium
Shareholders of Denison Mines (TSE) heard a familiar story at the company’s annual meeting in Toronto recently. More than 400 shareholders filled the concert hall of Toronto’s Royal York Hotel to hear…
Arsenic levels curb Inco refinery output
Electrolytic nickel production at the Thompson, Man., operations of Inco Ltd. (TSE) will be reduced during the next several months because of processing difficulties, the company reports. Higher than …