News


ASIA — Java takes bath in Mongolia

Production at the Gazar placer operation of Java Gold (JVAG-C) in Mongolia got off to a rocky start in 1997, with just 457 oz. gold being produced from the start of operations in June to the end of th…



Amex members approve NASD merger

The National Association of Securities Dealers (NASD) and the American Stock Exchange (Amex) are teaming up.Amex’s membership voted 622 to 206 in favor of joining the NASD family of companies. The com…


Quebec diamond plant opens

First Canadian Diamond Cutting Works, billed as Canada’s first fully integrated diamond cutting and polishing factory, has opened in Montreal.First Canadian has recruited experienced diamond cutters f…




Claimstaker teams with Jipangu at Blackdome mine

Privately owned Jipangu will pay $2 million for a 35% interest in the Blackdome gold mine, near Clinton, B.C. The Tokyo-based firm can increase this to 50% by spending an additional $1 million before …




Avalon continues to reel in Big Whopper

With the benefits of newly exposed outcrop and a clearer geological understanding, Avalon Ventures (AVL-V) is preparing to carry out a bulk-sampling program and a third phase of drilling at its Separa…


Bright future for mining in India

Known more for mineral consumption than production, particularly in the case of gold, India is nonetheless becoming increasingly attractive to explorers, according to Kumara Rachamalla, president of M…


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