1998

DIAMOND PAGE — SouthernEra mining Sugarbird blow

SouthernEra Resources (SUF-T) has successfully commissioned the diamond recovery plant at its Klipspringer project in South Africa’s Northern province.The plant recovered a total of 768 carats during …




Barrick reports strong quarter

Major leaguer Barrick Gold (ABX-T) increased its fourth-quarter earnings by boosting production and lowering cash costs.In the three months ended Dec. 31, 1997, Barrick earned US$75 million, compared …


PRODUCER AND DEALER PRICES (March 16, 1998)

Aluminium: LME settlements US$1423.50, alloy US$1,247 per tonne (Mar.10/98).Antimony: Representative mid-market US$1,575 per tonne (Mar. 10/98).Bismuth: Representative mid-market US$3.75 per lb. (Mar….



Canarc takes shine to Mexican prospect

Junior Canarc Resource (CCM-T) has acquired a polymetallic prospect on 19,600 ha of ground in the bourgeoning El Salvador area play in central Mexico.The property, known as Lobo 3, lies 20 km northeas…


IG expands in Myanmar

Indochina Goldfields (ING-T) has boosted minable reserves and production estimates at its Monywa copper project in the north-central plains of Myanmar.The project, which is jointly owned by IG and the…


Gold, zinc zones extended at Lew

Partners Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) have discovered more high-grade gold and zinc mineralization in drill core from their Lew property in northwestern Man…


Rupert arranges financing

Rupert Resources (RUP-V) has arranged a $4.65-million brokered special warrant financing.The financing, led by C.M. Oliver, will consist of up to 1.5 million special warrants at $3.10 each. Each speci…


Semafo on target at Ghanaian property

Montreal-based West African Mining Exploration (SMF-T) reports that an ongoing prefeasibility study has confirmed the presence of oxide and sulphide gold mineralization at the Teleku-Bokazo property i…


Bolivar to buy Revemin mill

Bolivar Goldfields (BVG-T) is dropping its lawsuit against Monarch Resources (MRE-T) and buying Monarch’s majority interest in the Revemin processing plant, situated 16 km from Bolivar’s Tomi gold con…


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