Expert inspects Seahawk find
Seahawk Minerals (SKM-V) has commissioned an expert to examine two walnut-size stones recovered from drill core at the Piteiras project in eastern Brazil. Each weighs about 75 carats.The 3,900-metre d…
News
METAL PRICES (January 10, 2000)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateJan. 4Jan. 3Dec. 31Dec. 30Dec…
SUPPLIERS’ NEWS ROUNDUP
Drilling suppliers Boart Longyear and Layne Christensen say a recent deal between the two firms, in which each will supply the other with drilling equipment it does not manufacture, is a sign of the t…
Ashton finances drilling
Diamond-hunter Ashton Mining of Canada (ACA-T) has closed a $1.3-million private placement, with proceeds targeted for winter drilling in Alberta, the Northwest Territories and Nunavut.The financing c…
Spot Prices Wed. January 5, 2000
Precious MetalsPrice (US$/oz.)ChangeGold$282.10-$8.55Silver$ 5.29+$0.09…
Drilling adds sparkle to Magistral
Drilling by Queenstake Resources (QRL-T) has intersected high-grade gold values below the projected open pit at the Magistral property in Sinaloa state, Mexico, exceeding the company’s expectations.Th…
INDEX (January 10, 2000)
Aber Res.14Alberta Engergy2Archon Min.10Ashton Min.2, 3, 6, 20Atlas17Barrick Gold1Berland Res.6Black Range6Botswana Dia.2…
Silver linings not just for clouds
Silver-coated nylon thread has been proven to kill bacteria and is being developed for a number of consumer and institutional uses.A silver-coated fibre manufactured by a Pennsylvania-based medical su…
Diamond sector enters 2000 on bullish note ( Part 2)
Kennady LakeLast winter, Monopros, the Canadian exploration arm of De Beers, collected bulk drill samples from a cluster of four pipes at Kennady Lake in the Northwest Territories (5034, Hearne, Tuzo …
Diamond sector enters 2000 on bullish note ( Part1)
Underlying market sentiment for the diamond mining sector, from a sales perspective, remains positive going into the new year.De Beers Consolidated Mines (dbrsy-q) announced record diamond sales in 19…
Tahera funds work at Jericho (January 10, 2000)
A private placement will enable Tahera (TAH-T) to fund exploration and development of its Jericho diamond project in Nunavut, 420 km northeast of Yellowknife, N.W.T.The deal, which will see 5.6 millio…
Quebec creates research group
Quebec’s Ministry of Natural Resources has joined with several mining companies to create Corem, a mineral research consortium related to the government’s Centre de recherche minerale (CRM) in Ste-Foy…