Rio, UBC establish Colin Spence memorial fund
Rio Algom Exploration has set up a scholarship fund in honor of geologist Colin Spence, who was killed recently in the Philippines.Mr. Spence was part of a team of geologists inspecting a gold mine 20…
News
Conference scheduled on mining in Chihuahua state
A mining conference hosted by the government of the Mexican state of Chihuahua will be held in the city of the same name.Entitled “Chihuahua in the 21st Century,” the conference will be held Oct.2-5 a…
DIAMOND PAGE — DO-18 disappoints
From the results of a mini-bulk drill sample, the DO-18 pipe on the WO claim block in the Lac de Gras area of the Northwest Territories appears to be uneconomic.A 6.9-tonne sample yielded an undisclos…
DIAMOND PAGE — Rex Diamonds to list on TSE
Toronto-based Rex Diamonds (REXD-C) is about to list its shares on the Toronto Stock Exchange, having increased revenue and reduced its losses in the second quarter.The diamond producer says the TSE h…
THE DIAMOND PAGE — Trans Hex to fund Indomin’s Sundra
Toronto-based Indomin Resources (IRL-V) has found a partner to finance feasibility and development work on the Sundra Shelf offshore diamond project in Southeast Kalimantan, Indonesia.Trans Hex Intern…
THE DIAMOND PAGE — Kensington recovers Saskatchewan gems
A 30-hole drill program has yielded macrodiamonds at the Fort a la Corne diamond project in Saskatchewan.The project is a joint venture between Kensington Resources (KRT-V) and partners Uranerz Explor…
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TSE INDICES (September 09, 1996)
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Exall Resources raises financing
In northeastern Ontario, development work continues on schedule at the Hislop Twp. gold project of Exall Resources (EXL-T) and Glimmer Resources (GME-V).The former has reached an agreement in principl…
SouthernEra work yields 2,000 carats
A bulk-sampling program at SouthernEra Resources’ (SUF-T) Klipspringer diamond project in South Africa has yielded more than 2,000 carats.A valuation on the first 1,753 diamonds in the parcel, most of…
Imperial agrees to buy Regional
Junior Imperial Metals (IPM-T) is offering either 0.8 of a share or $1 cash for all the outstanding shares of Regional Resources (RGL-T).Regional’s main asset is an 82.15% interest in the Midway proje…
World Wide bullish on Kazakhstani uranium project
The preliminary due diligence report on the first phase of a uranium mining project in Kazakhstan has produced positive results.The property is owned by Tselinny, a state-owned company centred on uran…