HEAP LEACH
Certain articles appearing in the mainstream American press in recent years will have raised a few eyebrows in metallurgical circles. Namely, references to a new process developed by US researchers fo…
News
NEWS ROUNDUP — Conwest increases stake in Professor
Recently increasing its ownership position in Consolidated Professor Mines (TSE) was Conwest Exploration (TSE). Conwest purchased 829,949 shares of Professor under a private agreement and now owns mor…
OBITUARY — Dennis Sheehan discovered Bousquet for Lac
Well-known geologist Dennis Sheehan died Oct. 15 from a heart attack, while playing in a hockey game. He was 56. President of Tri Origin Exploration, Sheehan was born and raised in Blind River, Ont., …
Cominco, Teck fund Gerle to join N.W.T. diamond play
The Lac de Gras diamond play, which has so far been dominated by international majors, recently welcomed two of Canada’s leading mining companies. Affiliates Cominco (TSE) and Teck (TSE) have agreed t…
Proposals sought for graphite play
A Bermudian mining finance and investment company listed in Luxembourg, European Mining Finance (EMF), says it is trying to find a buyer or partner for a graphite property north of Kingston, Ont. EMF …
Exploration spending drop puts Canada behind U.S., Australia
Canada’s rank in terms of exploration for non-ferrous metals has dropped from first to third over the past year, according to a recent study by the Halifax-based Metal Economics Group. Expenditures on…
Mt. Polley first to get past B.C.’s assessment process
A mine development certificate was recently awarded to Imperial Metals (TSE) for its 100% owned Mt. Polley copper-gold project near Williams Lake, B.C. The project is the first major new mine authoriz…
PRODUCER PRICES (October 26, 1992)
ALUMINUM: MW U.S. market US54.50-55.50 cents per lb. (Oct. 8, 1992). ANTIMONY: MW New York dealer US78-88 cents per lb. (Jun. 11, 1992). BISMUTH: MW New York dealer US$2.35-2.70 per lb. (Jun. 11, 1992…
Gold Funds (October 26, 1992)
BGR Central Net Value $8.03 $5.12 Price $6.75 $4.80 Discount 15.95% 6.3% Value $46,972,000 $80,756,640…
NEWS ROUNDUP — Barrick’s 9-month earnings rise 60%
A 66% increase in gold production at American Barrick Resources’ (TSE) Goldstrike mine in Nevada helped boost the company’s net income to US$109.4 million for the nine months ended Sept. 30. This repr…
LETTERS TO THE EDITOR — Discontented prospector takes The
It is unfortunate that your staff resorts to derogatory commentary when reviewing press releases issued by juniors while glossing over some of the spectacular disasters engineered by majors. Two recen…
EDITORIAL PAGE — Fighting an anti-mining tide
Ontario’s Ministry of Northern Development and Mines (MNDM) has been taking some hard knocks over the past few years for its failure to promote the mining industry. The province’s own figures show tha…