EDITORIAL PAGE — Hardball or spitball?
The Voisey’s Bay nickel deposit in Labrador is an asset of strategic importance to Inco, which is why the major worked hard to defeat rival Falconbridge in the bidding war for the deposit earlier this…
News
THE DIAMOND PAGE — Birdseye no bull’s-eye
A geophysical anomaly at the Birdseye property in central Saskatchewan does not appear to be kimberlite-related.Partners Big I Developments (BID-V) and Golden Kootenay Resources (GKK-A) tested the ano…
COMMENTARY — Looking back — and ahead
Gisele Jacob is vice-president of public affairs at the Mining Association of Canada. She has written this article at the request of “Keep Mining in Canada,” a grassroots campaign designed to increase…
Exploration Brex eyes prospect in Guyana
Exploration Brex (BX.A-M) will acquire a non-alluvial diamond and gold exploration project in northeastern Guyana.The 66-sq.-mile area, at the headwaters of the Mazuruni River, is better known for its…
Chase sells stake in T’Boli play
Junior Chase Resource (CQS-T) will not proceed with plans to acquire a 75% stake in the Philippine company that owns the T’Boli gold prospect on Mindanao Island.Chase ceased exploring the the 4,500-ha…
MOST ACTIVE ISSUES, Nov. 27-Dec. 3
ExchgVol(000s)CloseBre-X MnrlsT2195118.70Barrick GoldT…
STOCK MARKETS — Early winter blahs weigh on western markets
The Vancouver Stock Exchange composite index slipped 9.2 points over the report period ended Dec. 3, to close at 1,145.96. The resource index, meanwhile, fell 87.57 points to 2,229.55.Alberta-listed T…
THE DIAMOND PAGE — Diavik diamonds more valuable
The value of diamonds from the A-154 South kimberlite pipe at the Diavik project in the Northwest Territories has increased to US$59.30 from US$56.10 per carat.Ownership of the project, near Lac de Gr…
Spot prices at a glance (December 09, 1996)
Wednesday, December 3, 1996Price (US)Week’s ChangeGold*$370.40 – $3.55Silver*$ 4.8…
Toronto Stock Exchange Indices (December 09, 1996)
1996Dec 3Dec 2Nov 29Nov 28Nov 27HighLowComposite”…
Cathedral drills on Porcher Island
With grid and geophysical surveying completed, Cathedral Gold (CAT-T) has begun diamond drilling at the Porcher Island gold project near Prince Rupert, B.C.To date, nine holes have been drilled for a …
Ghana Goldfields suspends drilling
The government of Ghana has suspended drilling at the Flagbase concession of Ghana Goldfields (GHN-V) pending the issue of permits by the ministry of forestry.The 5,000-metre diamond drill program was…