Geominera to back Joutel at Zona Barita
Cuban state-owned Geominera will exercise its option on the Zona Barita project of Joutel Resources (TSE).The latter has outlined an estimated resource of 9 million tonnes grading 1.64 grams gold and …
News
Altai shows taste for geographical diversity
Altai Resources (TSE) is acquiring interests in two countries far removed from each other.In the Philippines, Altai has gained a 40% stake in a local company that owns a property on Lahuy Island, 350 …
Asian mining symposium set for Montreal
The World Bank will hold a symposium on investment and business opportunities in the mining sectors of Central Asia and the Balkan and Caucasus countries.The event, scheduled for May 23-25, will be he…
PRODUCER PRICES (January 29, 1996)
ALUMINUM: MW U.S. market US75 cents-76 cents per lb. (Jan. 19, 1996).ANTIMONY: MW New York dealer US$2.00-2.20 per lb. (Dec. 8, 1995).BISMUTH: MW New York dealer US$4.10-4.30 per lb. (Dec. 8, 1995).CA…
GREATEST VALUE TRADED, Jan. 17-23
Exchg Value($000s)HighLowCloseChange Placer Dome T225340$38 3/435 5/838+ 1 7/8Barrick Gold T175246$40 5/838 40 3/8+ 2 Noranda Inc T156664$26 1/225 1/426 3/8+ 1 TVX Gold Inc T137…
STOCK MARKETS — Western markets propelled by $400-per-oz. gold
With gold rising above the US$400-per-oz. level, western markets gathered steam over the report period ended Jan. 23. The Vancouver Stock Exchange resource index soared 120.77 points, to close at 1,49…
Lamproite discovered in California
Results from two drill holes have enabled Diadem Resources (ME) to confirm the presence of a lamproite dyke on its property in Leek Springs, Calif. The holes, in conjunction with stream sediment sampl…
DIAMOND News Roundup — Russians, De Beers extend deal
South African-based De Beers Consolidated Mines and the government of Russia have agreed to extend their diamond sales agreement for one month.The agreement, which gives De Beers the exclusive right t…
Drilling tests gold target near Red Mountain
After waiting more than two months for drill results from the Red Mountain area gold property near Stewart, B.C., partners Teuton Resources (VSE) and Minvita Enterprises (VSE) learned that initial rea…
Sheridan, Northern Platinum drop suit
The lawsuit initiated by J.P. Sheridan and Northern Platinum (VSE), of which he is a director, against All-North Resources (VSE) has been dropped.As a result, the option agreement covering the Wellgre…
Kookaburra to focus on Tacaza
A previously announced agreement to acquire mineral assets in Peru will not be proceeding, reports Kookaburra Resources (TSE).Instead, the company will concentrate on its Tacaza copper project in Peru…
African Minerals eyes Zambian copper property
Privately owned African Minerals will enter discussions with state-owned Zambia Consolidated Copper Mines (ZCCM) regarding the acquisition of a majority position in the Konkola North property.Konkola …