Study aims to clarify cyanide use
Canada’s 54 primary gold producers use about 23,000 tons of cyanide a year. There is emphasis on the word “about” as selling the chemical is a highly competitive business and suppliers are loathe to d…
News
Robex, Bateman in option deal
An option to earn a 25% interest in property in Roy and Mckenzie twps. in the Chibougamau area of Quebec has been acquired by Ressources Robex (ME) from Bateman Bay Mining (ME). To earn its interest, …
Falconbridge to cut output by 12,000 tonnes of nickel
Taking its cue from fellow nickel miners Inco Ltd. (TSE) and SLN of France, Toronto-based Falconbridge Ltd. is cutting back production at operations in Sudbury, Ont., and the Dominican Republic. Falco…
Spot prices at a glance (November 18, 1991)
Week’s Price (US) Change Gold* $356.45 + $2.05 Silver* $ 4.05 – $0.02 Platinum* $363.65 + $1.40 Nickel** $ 3.30 – $0.04 Lead** $ 0.22 – $0.01 Copper $ 1.09 + $0.01 Zinc $ 0.48 + $0.03 Courtesy of Scot…
METAL PRICES (November 18, 1991)
London Metal Exchange Spot closing prices in $US per tonne, except copper and lead (pounds sterling per tonne) Date Nov 12 Nov 11 Nov 8 Nov 7 Nov 6 Copper 1329-1330 1333-1344 1343-1345 1339-1340 1345-…
TRUE GRIT: Skiers delay garnet mine startup
If all goes according to plan, Polestar Exploration (VSE) and Hawkeye Developments (VSE) expect to have Canada’s only garnet mining and processing facility in production by the fourth quarter of 1992….
Montreal Exchange (November 18, 1991)
Benefiting from a buying mood by investors, the ME recorded a 43.4-point gain in its market portfolio and a 54.6-point gain in its mining and minerals index during the week ended Nov. 12. Daily tradin…
Willingdon and Sandy K negotiate merger terms
Willingdon Resources (CDN) has reached an agreement in principle to merge with Sandy K mines, a private company. Sandy K’s main asset is a high-grade silver and cobalt property in the Gowganda area of…
Salmo venture land package grows
Proceeds from a recent private placement agreement will be used by the Salmo joint venture to further explore the Katie copper-gold property and newly acquired claim blocks surrounding the Katie prope…
Udd receives engineering medal
An engineering medal was recently awarded to John Udd, director of mining research laboratories for CANMET (Canada Centre for Mineral and Energy Technology) in Ottawa, for his efforts in uniting Canad…
South American, Denison in deal
An agreement between South American Goldfields (TSE) and Denison Mines (TSE) will see the former boost its interest in the Aurora gold property in Guyana up to 80%. South American, which will also acq…
OBITUARY (November 18, 1991)
Jack Botsford was a mining engineer and mine manager in northern Ontario over a period of fifty years, and served in World War II with the Royal Canadian Engineers. His ashes will be taken to Lake Bea…