Rex Diamond (RXD-T) has confirmed that its kimberlites at Tongo Fields in Sierra Leone rank highly among world diamond deposits.The company states the diamonds have an average value of US$175 per cara…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.6/97 (change from previous week in brackets):Aluminium957,375(+6,100)Copper134,700(+9,350)Lead118,400(-200)Nickel49,116…
An aeromagnetic and radiometric survey by Caldera Resources (CDR-M) has outlined 22 possible kimberlite structures at the Edward Creek property in the Lake Eyre region of South Australia.Caldera, whic…
1996Jan 7Jan 6Jan 3Jan 2Dec 31Dec 30HighLow…
Sister companies Chase Resource (CQS-T) and Delta Gold Mining (DTG-V) have agreed to amalgamate into a new entity, which will retain the former’s name.The move will consolidate the partners’ interests…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…
ALUMINIUM: LME settlements US$1,524 per tonne, alloy $1,420 per tonne (Jan. 7/97).ANTIMONY: Composite free market, US$2,065 per tonne (Jan. 7/97).BISMUTH: Composite free market US$3.25 per lb. (Jan. 7…
Ottawa-based Trillion Resources (TLQ-T) has bought a 51% intrest in privately owned Consolidated Mining Corporation of West Africa (CMCWA).The remainder of CMCWA is owned by its Malian managing direct…
London Metal ExchangeMidday bid-ask prices in $US per tonneDateJan. 7Jan. 6Jan. 3Jan. 2Dec. 31…
Drilling has resumed at the Bulyanhulu gold project in Tanzania.In 1996, Sutton Resources (STT-V) completed more than 22,000 metres of drilling at the property, in which it holds a 85% interest. The r…
Vancouver-based First-Quantum Minerals (FM-V) has raised additional funds to explore for gold and copper projects in Africa.The company completed a $9-million private placement of 2.5 million special …
More than $4 million in working capital will be applied by Chesbar Resources (CBI-M) to its Anacoco gold project in Venezuela’s Bolivar state.Chesbar holds a 100% interest in two concessions totalling…
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