BOOKER GOLD EXPLORATIONS
Bill Deeks appointed director.
1997
AMERICAN GEM
Vic Alboini, Doug Harris and Greg Dahl appointed directors.
DIAMOND PAGE — Namco readies sea-floor crawler
Initial tests of the NamSSol seabed crawler in the North Sea have proven successful, reports Namibian Minerals (NMR-T).Certain modifications need to be made to the diamond mining vessel’s launch and r…
DIAMOND PAGE — Bulk sample yields two gems for Ocean Res.
Ocean Resources (OCR-V) has recovered a pair of gem-quality diamonds from its Sunda Shelf joint-venture project off the coast of Kalimantan, Indonesia.A bulk sample consisting of 2,900 cubic metres of…
St. Genevive to sell interests in affiliates
In order to reimburse three affiliated companies for some $21-million worth of “unauthorized borrowing,” St. Genevive Resources (DHB-Y) says it will sell its interests in at least four affiliates and …
PEOPLE — AGATE BAY RES.
John Jardine appointed director.
Lyon Lake pours gold at Beta Vargas
Lyon Lake Mines (LLL-M) has joined the gold production ranks, pouring its first gold at the Beta Vargas mine in Costa Rica.The Montreal-based company reports that the average daily throughput at its w…
FORTUNE RES.
Don Hawe and Catherine Richards appointed directors.
Golden Goose sees mine potential
A prefeasibility study by BLM Bharti Engineering concludes that the Magino gold project, in north-central Ontario, has the potential to be developed into a large-tonnage, open-pit mine.The project, wh…
Platinova keeps up search in Greenland
The start of drilling at the West Greenland diamond project of Platinova (PAS-T) is set for mid-January.Much of the 1997 field season was devoted to reconnaissance indicator mineral sampling, as was t…
LETTERS TO THE EDITOR — Price of gold naturally ebbs and flows
Pierre Lassonde, in his recent commentary (T.N.M., Nov. 24/97), seems to be suggesting, in hindsight, that previous industry campaigns of “studying, understanding and communicating the financial value…
CaribGold, Marum join Alberta search
CaribGold Resources (CG-T) and Marum Resources (MMU-A) have formed a joint venture to explore for diamonds in northern Alberta.The partners have acquired just over 100,000 ha of ground near the Chinch…