DIAMOND PAGE — THI, Longreach seek Angolan gems
Toronto-based Trans Hex International (THI-T) and Sydney-based Longreach Gold Oil have agreed to explore and develop the latter’s three diamond concessions in Angola’s Lunda Norte province.Longreach o…
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STOCK MARKETS — Golds dive again as TSE sets new record — Broad market index breaks 6,600; gold index tests levels last seen in 1993
The Toronto Stock Exchange moved farther into record territory over the trading period July 9-15, with the TSE 300 composite index closing at record highs on four of the five trading days. The TSE 300…
BOOK REVIEW — Book examines murders at Giant gold mine
.BREVIEWED BY VIVIAN DANIELSONDying for Gold: The True Story of the Giant Mine MurdersBy Lee Selleck and Francis Thompson$28 — Available from Harper Collins PublishersDying for Gold generates more qu…
EPA fines Cominco
Cominco Alaska, a wholly owned subsidiary of Cominco (CLT-T), will pay a US$1.7-Million fine to the U.S. Environmental Protection Agency for various Clean Water Act infractions that occurred during th…
Normandy hits high grade Down Under
Exploration at the Vera Nancy gold deposit continues to intersect high-grade values as the Australian project nears commercial production.Situated in Queensland, the project is a joint venture of Norm…
DIAMOND PAGE — Caldera advances Abminga project
The Abminga diamond exploration project of Caldera Resources’ (CDR-M) in South Australia has been granted “project status” by South Australia’s mines ministry.The new status allows Caldera to treat it…
MOST ACTIVE ISSUES, July 9-15MOST ACTIVE ISSUES, July 9-15
ExchgVol(000s)CloseKinross GldT170265.65Placer DomeT…
Highwood plans Thor Lake program
The Thor Lake beryllium deposit, east of Yellowknife, N.W.T., may at last be on its way to development.Highwood Resources (hwd-T) has applied for permits from the territorial government and the Water …
Rio Narcea hits high grade in Spain
Encouraging results from drilling at El Valle, a gold deposit in northern Spain, are reported by Rio Narcea Gold Mines (RNG-T).Hole Val-107, which tested the northern part of the Black Skarn target, e…
Grayd Resource drills Dry Creek deposit
At the Dry Creek massive sulphide property, 55 miles southeast of Fairbanks, Alaska, Grayd Resource (GYD-V) is busy with a $1.5-Million program of exploration.The company is targeting the Red Mountain…
Partners declare Stenpad values unreliable
“Unreliable” is how joint-Venture partners Golden Rule Resources (GNU-T) and Hixon Gold Resources (HXG-V) are describing the trenching and soil-sampling values from their previous work at the troubled…
Silverado to buy La Teko’s Ryan Lode — Companies sign Alaskan agreement worth US$12 million
Silverado Mines (GOLDF-Q) will buy the Ryan Lode gold deposit near Fairbanks, Alaska.Over five years, Silverado will pay US$12 million to the vendor, La Teko Resources (LAORF-Q), in return for 63 fede…