Guyana Gold sells stake in Sabi
The battle for the Sabi gold mine appears to be over, with the government of Zimbabwe buying the 55% interest held by Guyana Gold (GUY-T) for $11 million.Under the agreement, the state-owned Zimbabwe …
Articles by Northern Miner Staff
Rio, UBC establish Colin Spence memorial fund
Rio Algom Exploration has set up a scholarship fund in honor of geologist Colin Spence, who was killed recently in the Philippines.Mr. Spence was part of a team of geologists inspecting a gold mine 20…
Conference scheduled on mining in Chihuahua state
A mining conference hosted by the government of the Mexican state of Chihuahua will be held in the city of the same name.Entitled “Chihuahua in the 21st Century,” the conference will be held Oct.2-5 a…
DIAMOND PAGE — DO-18 disappoints
From the results of a mini-bulk drill sample, the DO-18 pipe on the WO claim block in the Lac de Gras area of the Northwest Territories appears to be uneconomic.A 6.9-tonne sample yielded an undisclos…
DIAMOND PAGE — Rex Diamonds to list on TSE
Toronto-based Rex Diamonds (REXD-C) is about to list its shares on the Toronto Stock Exchange, having increased revenue and reduced its losses in the second quarter.The diamond producer says the TSE h…
THE DIAMOND PAGE — Trans Hex to fund Indomin’s Sundra
Toronto-based Indomin Resources (IRL-V) has found a partner to finance feasibility and development work on the Sundra Shelf offshore diamond project in Southeast Kalimantan, Indonesia.Trans Hex Intern…
STOCK MARKETS — Western indices continue upward trend
The Toronto Stock Exchange lost some ground over the trading period ended Sept. 3, with the TSE 300 composite index off 21.99 points to close at 5,151.89. Trading was active in the earlier part of the…
THE DIAMOND PAGE — Kensington recovers Saskatchewan gems
A 30-hole drill program has yielded macrodiamonds at the Fort a la Corne diamond project in Saskatchewan.The project is a joint venture between Kensington Resources (KRT-V) and partners Uranerz Explor…
MOST ACTIVE ISSUES (September 09, 1996)
ExchgVol(000s)CloseBema GoldT1464110.45Arizona StarV…
GOLD FUNDS (September 09, 1996)
Gold Funds as of August 29, 1996BGRCentralNet Value$25.11$6.56Price$18.70…
TSE INDICES (September 09, 1996)
1996Sept 3Sept 2Aug 30Aug 29Aug 28HighLowComposit…
London Metal Exchange Stocks
London Metal Exchange warehouse levels at Sept. 2/96 (tonnes; change from previous week in brackets):Copper275,775(+4,100)Tin10,640(-105)Lead110,875(+8,100)Zinc562,475(+1,350)Aluminium936,300…