ODDS ‘N’ SODS — Good help is hard to find
The Paymaster gold mine, near Timmins, Ont., reopened in 1933 under the ownership of Paymaster Consolidated Gold Mines, after that company had acquired several adjoining properties.The master mechanic…
1997
LME WAREHOUSE LEVELS (September 08, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.2/97 (change from previous week in brackets):MetalStocks (tonnes)Change…
COMMENTARY — Deforestation and mercury
Deforestation, rather than mining activity, is responsible for mercury exposure among villagers living downstream from an artisanal gold mining area along the Tapaj-s River in the Amazon Basin, accord…
Cumberland hits more gold at Meadowbank
Drilling at the recently discovered Bay zone at the Meadowbank property of Cumberland Resources (CBD-T) near Baker Lake, N.W.T., has recovered additional high-grade gold values.A first-phase drill pro…
DIAMOND PAGE — NWT Diamonds partners find 23 new kimberlites
Exploration drilling at the NWT Diamonds project in the Northwest Territories has uncovered 23 new kimberlite bodies, raising to 100 the number identified to date.Sixteen of the new discoveries lie wi…
GREATEST VALUE TRADED (September 08, 1997)
ExchgVol(000s)HighLowCloseChangeInco LtdT119539…
DIAMOND PAGE — SouthernEra orders DMS plant
SouthernEra Resources (SUF-T) has placed an order for a modular dense media separation (DMS) plant, which will be commissioned early next year at its Klipspringer diamond project in South Africa.The p…
PRODUCER PRICES (September 08, 1997)
Aluminium: LME settlements US$1,591 per tonne, alloy $1,425 per tonne (Sept. 2/97).Antimony: Composite free market, US$1,880 per tonne (Sept. 2/97).Bismuth: Composite free market US$3.50 per lb. (Sept…
White, Thomas hit with injunction and charges
The British Columbia Securities Commission (BCSC) has extended temporary injunctions barring each of two directors of Redell Mining (RDC-V) from holding office as a director or officer of a public com…
DIAMOND PAGE — Redaurum settles Kelsey Lake dispute
A property ownership dispute between Redaurum (RRK-T) and a railway company has been settled.The agreement-in-principle is intended to settle the claim made by Union Pacific relating to ownership of m…
BOOK REVIEW — Atlas offers aid for young core logger
.BReviewed By James WhyteAtlas of AlterationBy Anne Thompson and John Thompson, editors$55Special Publication No. 6 of the Mineral Deposits Division,Geological Association of CanadaIt is a time-honore…
Kinross Gold takes writedown — US$24-m charge wipes out operating profit
An after-shock from the Macassa rock burst in April has registered on the books at Kinross Gold (K-T).Although production has resumed on the upper levels of the mine, situated east of Kirkland Lake, O…