1990

De Beers strikes deal with Soviets

The new Swiss subsidiary of De Beers Consolidated Mines has swung a deal with the Soviet Union which gives De Beers a 5-year contract to sell the latter’s rough diamond production. Soviet production f…


FUTURES PRICES (August 06, 1990)

N.Y. Commodity Exchange Week’s High Low Close Change COPPER (HG) (in US cents per lb.) Aug 126.30 124.90 125.30 + 5.30 Sept 125.50 123.60 124.60 + 4.40 Oct 123.00 123.00 122.60 SILVER (in US cents per…



Belmoral to eliminate debt through asset sale to Aur

For the second time this year, Belmoral Mines (TSE) and Aur Resources (TSE) have worked out a deal designed to rescue Belmoral from its financial predicament and expand Aur’s influence in the Val d’Or…



Liners for Leaching

The need to protect groundwater resources from the contaminating effects of toxic liquids has created a thriving market for the manufacturers of synthetic, “impermeable” geomembranes. Miners seeking t…



Ins and outs of grouting

“There is no longer a place in our profession for black magicians — although artistry is still to be encouraged — who deliberately obfuscate issues in order to maintain some form of self-serving mys…


Nuclear Police; The AECB Gets Tough

At the invitation of the Hatchet Lake Indian band, members of the Atomic Energy Control Board (AECB) will meet in October at Wollaston Post, a community 30 km east across Wollaston Lake from Cameco’s …



Cross-Cuts (August 03, 1990)

INDIVIDUALISM TRIUMPHS IN B.C. Three cheers for the little guy. In British Columbia, individual prospectors can take credit for the recent discovery of several orebodies. Included in the finds are a t…


50 Years Ago – The Northern Miner, August 1940

NOT A STRIKE IN CANADA A most significant announcement has been made by the Dept. of Labour in Ottawa, which reports that there was not a single strike or lockout in progress in Canada at the end of J…


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