CROSS-CUTS Plumbing the depths
Did subduction of one of the lithospheric plates off Vancouver Island end a million years ago? Or does this still continue today? For the answer, you may have to wait a few years. But an answer there …
News
Maintenance IN SYNCH
An important safety feature on friction hoists is the re-synchronizing mechanism. On completion of the hoisting cycle for one conveyance, it is automatically spotted at a predetermined position in the…
Hayes confirms high grade at Alaskan mine property
Underground exploration by Hayes Resources on the former producing Cliff gold mine in Alaska, has confirmed the presence of a high grade vein. Held under option from Dasher Resources, the Cliff proper…
Maintenance ROPING ESSENTIALS
All hoist ropes are lubricated during the manufacturing process. The core is fibre or nylon to which lubricant is applied to make the internal wires smooth; this prevents entry of moisture and protect…
Chelsea plans to double production by year-end
Only 1,000 oz of the yellow metal have been poured at the Spotted Horse mine in Montana. But already, the managers of Chelsea Resources, the Vancouver-based company that owns and runs the mine, is pla…
EDITORIAL No need to waste more time
Good communication between companies’ directors and shareholders is a basic tenet of a functioning equities market. A fundamental purpose of regulated equities markets is to protect shareholders, and …
Alberta Stock Exchange Argus a big trader
Despite a recent drop in the price of gold bullion, a couple of Alberta gold issues were big traders this week. After a recent lull in investor interest, Argus Resources posted a volume of 400,200 — …
Profile MAN WITH A MISSION
He’s not listed in the Who’s Who of Canadian Business. Not many academics trained in the esoterica of rock mechanics are. But if his ambitious plans work out, Dr Marc Denis Everell certainly would des…
EDITORIAL Hewers of Wood
For a long time, Canadians have been known, almost universally, as hewers of wood and drawers of water, a phrase which encompasses our supposed economic dependence on our natural resources — includin…
Cross-Cuts GEOSTATISTICAL METHODS A GODSEND FOR ENGINEERS
When rock mechanic engineers try to design safe underground repositories for the storing of spent nuclear fuel bundles, they strive for sophisticated and reliable methods of predicting induced damage….
Opawica sues Falconbridge over Lac Shortt mine
Opawica Explorations has issued a statement of claim in the Supreme Court of Ontario against Falconbridge Ltd. and Minnova Inc. claiming, among other things, an accounting, damages and the reconveyanc…
Placer, MSV expect mining decision by May
Following the completion of a $2.1-million underground exploration program on the Eastmain project, partners Placer Dome Inc and MSV Resources are expected to reach a production decison by May. Locate…