NEWS ROUNDUP — Eden Roc adds to land position
An agreement to expand its land position in West Africa’s Ivory Coast, to about 1,000 sq. km from 250 sq. km, has been reached with the government agency SODEMI, gold producer Eden Roc Minerals (TSE) …
1992
NEWS ROUNDUP — Gencap purchases more KWG shares
A holding company controlled by Pierre Gauthier of Montreal has increased its ownership position in KWG Resources (ME) through a private transaction. TThe holding company, Gencap, bought 337,500 share…
NEWS ROUNDUP — Teck’s quarterly earnings climb
Net earnings of $14 million were reported by Teck (TSE) for its latest quarter ended Sept. 30, a sizable increase from the $6 million reported in last year’s third quarter. The company’s mining operat…
Exroy seeks funds to explore Ungava claims won in court
A recent decision by the Quebec Court of Appeal has granted Toronto-based junior Exroy Resources (CDN) full title to 48 claims in the Ungava nickel copper belt in northern Quebec. This decision will a…
METAL MARKETS — Silver output slips, coin usage still high
Worldwide silver mine production in 1991 was 431.9 million oz., down 8% from 1990. The reduction was due mainly to decreased incentives to mine because of low silver prices. In 1991, Mexico was the wo…
TWO DECADES ON A ROLLERCOASTER
As one of the lowest-grade producers in North America for the past 20 years, the Gibraltar open-pit copper mine has constantly striven to control, and reduce when possible, operating costs. At the out…
GIBRALTAR’S JUST SCRATCHED THE SURFACE: Theory becomes
Gibraltar mine exploration geologist George Barker was mildly optimistic when he hopped into his company pickup on a Saturday morning late in the summer of 1990. He was off to check core from a diamon…
AMERICAN BARRICK BONANZA
When the Spaniards discovered the high-grade orebo Peru and Bolivia they had a name for them — bonanzas — a word that conjures up the prospect of untold riches. The language of their cooler-blooded …
ENERPAC’S POWER WRENCHES
Enerpac’s trademarked Plarad line of hydraulic power wrenches is now available through a worldwide network of dealers. Plarad has two system types: the low profile UKS system for work in tight areas o…
CALENDAR (November 01, 1992)
1993 Jan. 18-20, Ottawa. 1993 Current Activities Forum, Collaboration — the Key to the Future. Contact the Geological Survey of Canada, Susan Mrak, (613) 992-0640. Feb. 21-24, Scottsdale, Arizona. Se…
MICRON GOLD
The infinitely small particle size of Barrick’s gold, and of other producers on the Carlin trend, is directly attributable to its hot-spring origin. Less well known, the accompanying pyrite (plus up t…
PAYBACK”S THE KEY
Williams mine manager Peter Rowlandson probably said it best: “If we can get 5 cents here, 10 cents there, and multiply by two million tonnes, that’s quite an improvement.” And that’s what most mine…