DIAMONDS — Juniors ink deal with Delta
A unit of Australia’s Delta Gold has inked a deal with three Canadian juniors to explore for diamonds in southwestern Zimbabwe.The 5-year option agreement allows Delta to earn 51% of four diamond proj…
News
DIAMONDS — Revised law opens doors for South African miners — Marsfontein property dispute a catalyst for legal changes
A new mineral investment policy in South Africa is expected to open up exploration and mining in that country following decades of dominance by the large mining houses.A new white paper, announced by …
DIAMONDS — Contiki joins Molopo project
Juniors Layfield Resources (LAY-V) and Contiki Resources (TKI-V) have teamed up to explore the Molopo diamond property in Botswana.The two companies recently concluded an agreement allowing Contiki to…
GREATEST VALUE TRADED (October 26, 1998)
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DIAMONDS — Pioneers of Canadian diamond exploration
Charles Fipke and Christopher Jennings have become household names, at least within the mining community. This is hardly surprising, as they played prominent roles in advancing kimberlite finds in the…
Gitennes sizes up Rio Suro gold-silver zone
Gitennes Exploration (GIT-T) has received a preliminary resource estimate for the Rio Suro zone at its Virgen project in north-central Peru.An independent calculation by Roscoe Postle Associates indic…
Prime sets shareholder meeting
At a meeting scheduled for Dec. 1, shareholders of Prime Resources Group (PRU-T) will be asked to approve a bid by Homestake Mining (HM-N) for the 49.4% of the company that it does not already own.Und…
Kennecott finds second pipe
Kennecott Canada is two-for-two so far on the Legend property in northeastern Alberta. The Rio Tinto (RTP-N) subsidiary has intersected its second kimberlite body while drilling the Roc anomaly, the s…
METAL PRICES (October 26, 1998)
BASE METALS (London Metal Exchange-Midday official cash/3-month prices, US$ per tonne)DateOct. 20Oct. 19Oct. 16Oct. 15…
DIAMONDS — Speculation grows that BHP could sell stake in Ekati
SPECIAL TO THE NORTHERN MINERThe finishing touches were barely in place at the Ekati mine when analysts and fund managers began speculating that Broken Hill Proprietary (BHP-N) might sell its controli…
Focal focuses on Nicaraguan properties
Focal Resources (FCJ-A) has completed a deal with High River Gold (HRG-T) to acquire three exploration properties in Nicaragua.The company now holds 100% interests in the Rio Siquia, Santo Domingo and…