LME WHSE LEVELS (September 14, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 8/98 (change from Sept. 1 in brackets):MetalStocks (tonnes)Change…
News
Adrian, Skyline form JV in Peru
Adrian Resources (ADL-T) and International Skyline Gold (SK-T) will acquire a 63% and a 27% interest, respectively, in the Picuda copper-oxide property in southern Peru.In return, Adrian must pay the …
Falco curtails D.R. production
Ongoing weakness in world nickel markets has prompted a unit of Falconbridge (FL-T) to curtail production from its 85.26%-owned ferronickel operation in the Domincan Republic.During the 3-month shutdo…
Donner resumes drilling near Voisey’s Bay
Donner Minerals (DML-V) has resumed drilling at the South Voisey’s Bay joint venture in Labrador.Drilling had been suspended for one month to allow an ongoing pulse electromagnetic survey to delineate…
Polymet sells Labrador interests
Polymet Mining (POM-V) is pulling out of Labrador so that it can focus on the Dunka Road polymetallic project in northeastern Minnesota.Polymet, formerly known as Fleck Resources, will sell its intere…
DIAMOND PAGE — Monopros awaits Victoria Island results
Following the discovery of five kimberlite bodies earlier this summer at the Victoria Island diamond project in the Northwest Territories, Monopros has completed a surface program of till sampling, gl…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Trans Hex builds sampling plant
By October, Trans Hex International (THI-T) expects to complete construction of a 100-tonne dense-media-separation sampling plant for the Northbank alluvial diamond property in Namibia.Later this mont…
DIAMOND PAGE — DIAMOND NEWS ROUNDUP — Trivalence finds kimberlite
Vancouver-based Trivalence Mining (TMI-V) has identified a new kimberlite at its 85%-owned Aredor diamond concession in Guinea, West Africa.The K-21 pipe was found 3 km south and upstream of the junio…
Oliver and Trillion plan merger
The directors of Oliver Gold (OGO-V) and Trillion Resources (TLQ-T) have agreed to merge their companies.Few details have been released, other than that a merger proposal will be mailed to shareholder…
Loubel acquires Lemoine gold property
Loubel Exploration (LBX-M) has boosted to 100% its interest in the Lemoine gold property, on the southern flank of the Chibougamau pluton in northern Quebec.For its additional 50% interest, Loubel wil…
DIAMOND PAGE — SouthernEra advances M1 to production
Partners SouthernEra Resources (SUF-T) and De Beers Consolidated Mines (DBRSY-Q) have started commercial production at their M1 kimberlite project in northern South Africa.Processing of diamondiferous…
EDITORIAL & OPINION — BC land claims a contentious issue — Closed doors
Few political activities are as fraught with frustration as the negotiation of native land claims. For this reason, some governments prefer to undertake the sensitive exercise entirely behind closed d…