News

DIAMONDS — Guibord ruby counts indicate potential

Testing and mineral counts on a bulk sample from a property owned by Tandem Resources (TDM-M) in northeastern Ontario are confirming ruby mineralization in a kimberlite found there in 1996.Test work b…


Companies (October 26, 1998)

Aber ResourcesAlta GoldAltius MineralsArgentina GoldAtna ResourcesBarrick GoldBHP MineralsBolidenBuchans RiverCaledonia MiningCamecoCanaco ResourcesChesbar ResourcesComincoCopperQuestDarnley Bay Resou…



DIAMONDS — Diadem finances California exploration

Diadem Resources (DIR-M) anticipates that a private placement will enable it to resume exploration at its Leek Springs diamond project in the Sierra Nevada Mountains of central California.The company …


TVX to appeal ruling giving Alpha stake in Kassandra

Alan Lenczner has done it again. The legal hero of the Lac vs. Corona decision has successfully argued breach of fiduciary duty in another mining case, wresting a 12% interest in the Kassandra gold pr…


William tightens belt in Europe, South America

Mid-tier gold producer William Resources (WIM-T) is implementing an operating plan designed to trim its European output and suspend South American production.At its flagship Bjorkdal open-pit mine in …


Franco-Nevada picks up 25% of Inco VBN

Somebody, at least, is prepared to invest in nickel mining in Labrador: Franco-Nevada Mining (FN-T) has purchased just over 25% of the VBN shares of nickel producer Inco (N-T).The $50-million deal giv…





METAL PRICES (October 26, 1998)

BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 19Oct. 16Oct. 15…


Focal focuses on Nicaraguan properties

Focal Resources (FCJ-A) has completed a deal with High River Gold (HRG-T) to acquire three exploration properties in Nicaragua.The company now holds 100% interests in the Rio Siquia, Santo Domingo and…


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