U.S. ROUNDUP — CanTung takes plant writedown
The 56% owned subsidiary of Amax (NYSE), Canada Tungsten Mining (TSE), has announced a writedown of its ammonium paratungstate plant at Fort Madison, Iowa. The long-term leasehold value of the plant h…
News
INSIDER TRADING — Barrick executive exercises options
Another executive at American Barrick Resources (TSE) has profited on the gold producer’s financial performance. Senior Vice-President Kenneth Thomas more than doubled his money in October when he exe…
U.S. ROUNDUP — Minnova options Blue Dog
A work program operated by Minnova (TSE) is now under way on Gold Canyon Resources’ (VSE) Blue Dog gold project in Washington Cty., Idaho. Minnova recently signed a formal agreement and can earn up to…
Study shows shortage of skilled environment workers
A shortage of technically skilled workers and management is threatening the long-term success of Canada’s $6-billion-per-year environment industry, warns Employment and Immigration Canada. A study by …
PEOPLE — INTERNATIONAL DAMASCUS
James Aikens appointed director and president; Bruce Ellner and James Armstrong appointed directors.
MINER BRIEFS — Big Quill plant
An employee-owned potassium sulphate plant was recently officially opened near Wynyard, Sask. The owner, Big Quill Resources, expanded the plant, initially a pilot project of the Potash Corp. of Saska…
MINER BRIEFS — Goodfellow award
Goodfellow Consultants Inc. of Mississauga, Ont., recently won the Canada Award for Business Excellence in the environmental category. The award recognizes the company for its leading-edge technology …
PRODUCER PRICES (November 23, 1992)
ALUMINUM: MW U.S. market US52.25-53.00 cents per lb. (Nov. 5, 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…
U.S. ROUNDUP — Remediation plan for Asarco plant
An agreement on a proposed remediation plan for the 106-year-old Globe metals processing facility and surrounding areas has been reached with the state of Colorado, Asarco (NYSE) says. Asarco would un…
Mineral industry must be aggressive agenda-setter
Participants at a recent seminar hosted by the Centre for Resource Studies in Toronto were told the Canadian mining industry must become an agenda-setter rather than an agenda item if it wants to main…
Lyndex raises exploration funds
Lyndex Exploration (CDN), which has raised $200,000 via a private placement of 1,000,000 treasury shares on a flow-through basis, is embarking on an exploration program in Ontario’s Timmins Kidd Creek…
Rhonda, Aaron secretive about plans
Joint venture partners Rhonda Mining (ASE) and Aaron Oil (ASE) may or may not have started to drill-test a diamond target this month on their Fort a la Corne property near Prince Albert, Sask. Peter G…