New JV for Kazakhstan Goldfields
Kazakhstan Goldfields (KGFC-C) has acquired a 75% interest in the Gold Pool joint venture.The project consists of three gold mines in north-central Kazakhstan, with an exploration licence covering abo…
Articles by Northern Miner Staff
GOLD FUNDS (October 28, 1996)
Gold Funds as of October 17, 1996BGRCentralNet Value$23.34$6.30Price$18.70…
Newfoundland branch of CIM sets annual general meeting for November
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will host its annual meeting from Nov. 7 to 9 at the Delta Hotel in St. John’s.Entitled “Mineral Development i…
THE DIAMOND PAGE — DiamondWorks gears up for international diamond search
Shareholders of Carson Gold (CQJ-V) have unanimously approved the acquisitions of diamond projects in Africa and China. Appropriately, the company will henceforth be known as DiamondWorks.”We are seei…
THE DIAMOND PAGE — Verena hunts for Brazilian gems
Verena Minerals (VMCO-T) has begun exploring for diamonds and gold on its Porto Nacional properties in Brazil.The program is being conducted by RTZ-CRA (NYSE) as part of a joint-venture agreement betw…
MOST ACTIVE ISSUES (October 28, 1996)
ExchgVol(000s)CloseBRE-X MnrlsT2862420.50Barrick GoldT…
GREATEST VALUE TRADED (October 28, 1996)
ExchgValue($000s)HighLowCloseChangeBRE-X MnrlsT59…
STOCK MARKETS — Resource stocks slip-sliding away
The Vancouver Stock Exchange composite index continued its slide during the week of Oct. 16-22, falling 46.14 points to close at 1,109.97. The resource index lost 88.75 points to finish at 2,146.Borne…
Rex sets up exploration arm
A newly established exploration arm of Rex Diamond Mining (RXD-T) will send a team to Sierra Leone to investigate the company’s kimberlite and alluvial prospects.Rex Exploration Division, supported by…
TSE INDICES (October 28, 1996)
1996Oct 22Oct 21Oct 18Oct 17Oct 16HighLowComposit…
Programs planned for McWatters and Maude Lake
With a development program under way at its namesake mine near Rouyn-Noranda, Que., McWatters Mining (MCW.A-M) also plans to spend $3 million to bring the Maude Lake gold project near Matheson, Ont., …
Queenstake awaits results from Chupaca property
At the Chupaca project in the Ancash region of central Peru, Queenstake Resources (QTR-V) has completed the final three diamond drill holes of a 6-hole program.The project is on a structural trend, 2….