DIAMOND PAGE — Gope to be bulk sampled
De Beers Consolidated Mines (DBRS-Q) is about to begin a mini-bulk-sampling program at the Gope diamond prospect in Botswana, held by Toronto-based partner TNK Resources (TNKR-C).The program is focuse…
De Beers Consolidated Mines Limited
DIAMOND PAGE — SouthernEra options Yamba Lake
Work program slated to begin after data compilationA preliminary agreement with three junior companies sets the stage for SouthernEra Resources (SUF-T) to acquire a 51% interest in the Yamba Lake diam…
Russian diamond output stalls as new projects proposed
The Yakutia region of northeastern Russia produced cut and polished diamonds worth US$20 million in the first half of 1998.As a result of a shortage of rough diamonds, Tuimaada Diamond, the region’s l…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS –Mining index pummelled as western markets slide
The Vancouver Stock Exchange composite index continued its slide into bear territory, losing 10.61 points, or 2.2%, to close at 478.36 over the holiday-shortened report period ended Aug. 4. The mining…
Global prepares for bulk sample
Global Diamond Resources (GDRS-O) plans to begin underground bulk sampling at the Montrose kimberlite pipe in South Africa.The California-based explorer completed 30 large-diameter, vertical drill hol…
Bright future for mining in India
Known more for mineral consumption than production, particularly in the case of gold, India is nonetheless becoming increasingly attractive to explorers, according to Kumara Rachamalla, president of M…
DIAMOND PAGE — Partners plan drill program in NWT
A summer exploration program is set to commence at the Doyle Lake project in the Northwest Territories.Situated 280 km northeast of Yellowknife, the project is a joint venture held 60% by De Beers Con…
Companies (July 06, 1998)
Altius MineralsAntares Mining and ExplorationAscot ResourcesAshton MiningAteba MinesAur ResourcesBema GoldBreakwater ResourcesCampbell ResourcesCanabrava DiamondChannel ResourcesComaplex MineralsCumbe…
DIAMOND PAGE — Another kimberlite found at Victoria Island
Monopros has intersected a fifth kimberlite at the Victoria Island diamond project in the Northwest Territories.The De Beers Consolidated Mines (DBRS-Q) subsidiary can earn a 51% interest in the 809,3…
MINING MARKETS & INVESTMENT NEWS — Base metal majors perform despite weak prices — Most gold miners up as yellow metal stages minor comeback; settlement sparks SouthernEra
The Toronto Stock Exchange enjoyed a broad trading range during the June 17-23 report period, with the TSE 300 composite index dropping marginally to 7,175.23 points. Both mining sub-groups fell more …
Companies (June 29, 1998)
Abacus MineralsAber ResourcesAJ Perron GoldAmbrex MiningAmerica Mineral FieldsAnglo AmericanArimetco InternationalAsarcoAtna ResourcesBaltic ResourcesBarrick GoldBattle Mountain GoldBirim GoldfieldsBl…
DIAMOND PAGE — Partners await valuations from AK
A mini-bulk drill sample collected this past winter from the 5034 kimberlite pipe on the AK property in the Northwest Territories has returned results consistent with previous work.Monopros, a subsidi…