SouthernEra resumes search for Yuryi source
Toronto-based SouthernEra Resources (SUF-T) is continuing its search for the source of diamond-bearing boulders found near the shore of Munn Lake at the Back Lake project in the Northwest Territories….
Rio Tinto Exploration Canada Inc
DIAMOND PAGE — Alberta kimberlites shown to be barren
So far, no diamonds have been recovered from the remaining six kimberlites discovered by Kennecott Canada Exploration last fall on the Legend property in northeastern Alberta.The initial results are f…
DIAMOND PAGE — Lytton to merge with New Indigo
Shareholders of Lytton Minerals (LTL-T) and New Indigo Resources (NDR-A) have agreed to amalgamate under the new name, Tahera (TAH-T).Lytton shareholders will receive one share in the new company on a…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Western markets ring in new year with rally (January 11, 1999)
The Vancouver Stock Exchange composite index rallied during the first week of the new year, tacking on 19.17 points, or 5.04%, to finish the week ended Jan. 5 at 398.95. The mining index followed suit…
Diamond sector bolstered by triumphant startup at Ekati — Diavik project undergoes assessment; Snap Lake takes shape
A new era in Canadian mining dawned in October as the nation joined the ranks of the world’s diamond producers.Situated 300 km northeast of Yellowknife, N.W.T., in the sub-Arctic barren lands, the Eka…
DIAMOND PAGE — Kennecott finds more kimberlite in Alberta
The final two targets of this year’s drilling program on the Legend property in northeastern Alberta have proved to be kimberlites, raising to seven the number of bodies found there.Kennecott Canada E…
DIAMOND PAGE — Phoenix kimberlite proves diamondiferous
Kennecott Canada Exploration has recovered a small amount of diamonds from the Phoenix kimberlite body in northeastern Alberta. Phoenix is the first of five kimberlites discovered to date on the Legen…
Kennecott finds more Alberta pipes — Additional targets await testing before year-end
Kennecott Canada Exploration has drill-tested five geophysical targets to date on the Legend property in northeastern Alberta, with only one miss — and, weather permitting, a further four targets are…
Kennecott finds third kimberlite in Alberta
Kennecott Canada Exploration has intersected a third kimberlite body on the Legion property in northeastern Alberta while drill-testing the Dragon target.Kimberlite material was intersected at a depth…
DIAMONDS — Pinewood examines Afridi
Hoping to imitate its neighbor’s success, Pinewood Resources (PNW-V) is carrying out an airborne electromagnetic and magnetic survey at its Afridi Lake diamond project, 320 km northeast of Yellowknife…
Kinross bids to acquire La Teko
La Teko Resources (LAO-T) and Kinross Gold (K-T) have entered into a proposed merger whereby shareholders of La Teko will receive one Kinross share for every 2.65 shares held.The offer represents a 54…
Possible kimberlite in northern Alberta
Kennecott Canada Exploration has encountered a rock unit that it believes may be kimberlite while drill-testing the Phoenix geophysical target at the Legend property in northeastern Alberta.An ultrama…