SAF on trail of diamonds
Kimberlite indicator minerals have been recovered from at least 30 sites on the Mosomane diamond property in southeastern Botswana.Southern Africa Minerals (SAF-T) reports that several of the sites co…
News
EDITORIAL — Ottawa and environmentalists at it again — Much ado about (maybe) nothing
First of all, it is not a park, only a park proposal. And it’s not a mine yet either, or even a mineral deposit for that matter. It’s the strongest gravity anomaly in North America, which, if mineral-…
Winspear joins Tyler on Carat project
Winspear Resources (WSP-V) has entered into a joint-venture option agreement with Tyler Resources (TYS-T) to acquire up to a 70% interest in the Carat property, north of the Lac de Gras region in the …
LME Warehouse Levels (April 06, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.31/98 (change from Mar. 24 in brackets):MetalStock(tonnes)Change…
TORONTO STOCK EXCHANGE INDICES (April 06, 1998)
1998Mar. 31Mar. 30Mar. 27Mar. 26Mar. 25HighLowCom…
SPOT PRICES (April 06, 1998)
Wednesday, April 1, 1998Price (US)Week’s ChangeGold*$301.60+ $3.10Silver*$ 6.47…
Royal Oak finds savior
Royal Oak Mines (RYO-T) has obtained US$120 million to help finance the completion of the Kemess gold-copper mine in north-central British Columbia.Toronto-based Trilon Financial came to the rescue, a…
Meetings (April 06, 1998)
April 6, DoublestarApril 6, First GoldApril 6, RankinApril 6, South American Gold & CopperApril 7, DobranaApril 7, HaddingtonApril 7, IrianaApril 7, Pan AfricanApril 8, CartaApril 8, WestallApril 9, B…
Cons. Nevada shuts Aurora
Two key management personnel have quit Consolidated Nevada Goldfields (KNV-T), in the wake of its decision to close the Aurora gold mine in Nevada.Senior Vice-President of Operations Jack Haptonstall …
Southern Africa pulls high-grade at Caber
Recent drilling by Southern Africa Minerals (SAF-T) at the Caber property, 25 km west of Matagami, Que., has identified high-grade base metal mineralization.One of four core holes drilled to test the …
Drills turn at Murray Brook
Darmouth, N.S.-based NovaGold Resources (NRI-T) will shortly begin a second phase of drilling on its Murray Brook massive sulphide deposit, 60 km west of Bathurst, N.B.The program, which will consist …
Noront, Alto add potential to Windfall
Partners Noront Resources (NOR-V) and Alto Minerals (ATO-V) are following-up encouraging drill results with a geophysical survey at the Windfall Lake gold project in Quebec’s Urban Twp.The program, ai…