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That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colorado using heap leaching, an extraction process that dips ore in cyanide to extract gold.
FORBES: Magazine Article
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That was in 1994, when Friedland was best known by critics as "Toxic Bob, " after another of his ventures, Galactic Resources, tried to develop a gold mine near Summitville, Colo. using heap leaching, an extraction process that dips ore in cyanide to extract gold.
FORBES: The Promoter
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Suncor has run into an extra rich piece of ore with a high coal component, he said, which caused problems in the extraction process.
FORBES: Magazine Article
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Depending on whether it was just a fluke occurrence or a sign that the constitution of the oil sands it processes is changing, the company could either retool its extraction process or, if the problem is a short-term one, blend the rich ore with more normal inputs.
FORBES: Suncor Invests In Redemption