Bald Mountain grey on geochemical history
I read with mixed emotions the article “Bald Mountain study shows uses of baseline data” (T.N.M., Sept. 11-17/00), which dealt with the Bald Mountain deposit in Aroostook Cty., Me. Although the articl…
News
Silver Standard gains Texas silver project
Silver Standard (SSO-V) has agreed to acquire a majority stake in the Shafter property in Texas.The junior will acquire 91.64 million shares (representing a 91.8% interest) of Silver Assets (cilv-o) f…
Trivalence sells more diamonds
Trivalence Mining (TMI-V) has generated proceeds of US$4.7 million by selling 11,727.6 carats of rough diamonds produced at the company’s 85%-owned Aredor mine in Guinea, West Africa.Trivalence says i…
The Northern Miner North — American Mining Index
66.98 (-1.80)(Sept. 30/98 = 100)…
The Northern Miner — Small Producers Index (October 02, 2000)
46.98 (-3.87)(Sept. 30/98 = 100)…
Canadian Stock Exchange Indices (September 25, 2000)
DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13HighLowTSE 30010914.521…
Pacific Cascade takes bulk sample
Pacific Cascade Resources (YOG-V) is gearing up to begin small-scale mining at the Yogo sapphire property in central Montana.The company expects to mine 10,000 tons in order to produce a grade and ton…
Central Canada’s diamond hunt gets second wind
Diamond exploration in central Canada is getting its second wind following a number of promising developments.Although Ontario and Quebec were hopping in the mid-1990s, when financing for diamond expl…
Unresolved legal dispute stalls development of Verkhotina project
After spending about US$16.5 million to explore the Verkhotina diamond licence near the White Sea in northwestern Russia, Archangel Diamond (AAD-V) is unable to advance the project because of an ongoi…
Partners await results
In July, Guyanor Ressources (GRL.B-T) and partner Rio Tinto (RTP-N) completed a sampling program at the Dachine diamond property in French Guiana.The partners processed more than 715 tonnes of diamond…
Hunt for prairie diamonds heats up
While the hunt for prairie diamonds has slowed somewhat from mid-1990s, the search is being kept alive by Ashton Mining of Canada (ACA-T), which is still plugging away at kimberlite targets at its vas…
De Beers completes Winspear deal
De Beers Consolidated Mines (DBRSY-Q) confirms that it has acquired more than 96.2% of the shares of Winspear Diamonds as the result of its $5.00-per-share takeover bid.De Beers will now invoke the co…