DIAMOND PAGE — Trivalence starts production
Junior producer Trivalence Mining (TMI-V) has cut the ribbon on a 14-ft.commercial pan plant at its 85%-owned Aredor diamond project in Guinea, West Africa.The plant has a rated processing capacity of…
News
DIAMOND PAGE — Saskatchewan diamond exploration takes back seat to Alberta
While diamond exploration in Saskatchewan has clearly taken a back seat to Alberta’s Buffalo Hills play, a number of junior companies are forging ahead with exploration plans.A limited drilling progra…
Condor joins Caledonia in NWT
Condor International Resources (COD-V), a member of the Northair group of companies, can acquire up to a half-interest in the Kikerk diamond property of Caledonia Mining (CAL-T) near Coronation Gulf, …
INSIDER TRADING — Crystallex insiders unload shares
Two officers and a director of Crystallex International (KRY-T) exercised options and sold shares of that company in February.According to the Ontario Securities Commission’s OSC Bulletin, officer Mar…
LME WAREHOUSE LEVELS (April 13, 1998)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Apr.7/98 (change from Mar. 31 in brackets):MetalStocks(tonne)Change…
STOCK MARKET — Western markets, mining index inch skyward — Investors still hot for NWT diamonds, interest in Voisey’s Bay exploration cools
The Vancouver Stock Exchange composite index gained 10.36 points, or 1.7%, to close at 637.31 over the report period ended April 7. The mining index rose as well, adding 14.76 points, or 3%, to close …
Canada, Honduras sign geo deal
Canada and Honduras will work together to improve land use in the Central American country, particularly in rural areas.Ralph Goodale, minister of Natural Resources Canada, and Pedro Arturo Sevilla, H…
PRODUCER & DEALER PRICES (April 13, 1998)
Aluminium: LME settlements US$1,398, alloy US$1,287 per tonne (Apr. 7/98).Antimony: Representative mid-market US$1,600 per tonne (Apr. 7/98).Bismuth: Representative mid-market US$4.05 per lb. (Apr. 7/…
Nova Scotia base metals entice Regal Goldfields
The Cheticamp Highlands of Nova Scotia’s Cape Breton Island will be the focus of a forthcoming base metal exploration program by Regal Goldfields (REGL-C).The company plans to drill, in May, two of ei…
METAL PRICES (April 13, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 7Apr. 6Apr. 3Apr. 2Apr. 1…
Yamana boosts gold resource at property in Papua New Guinea
A new geological model has enabled Yamana Resources (YRI-T) to increase the gold resource at the Gameta prospect on Fergusson Island in Papua New Guinea (PNG).Yamana Executive Vice-President Dick Walt…
Cumberland picks up pace at Meadowbank
Cumberland Resources (CBD-T) is sending another diamond drill rig to its Meadowbank gold project, 70 km north of Baker Lake, N.W.T.The rig, which has the capacity to drill deeper than the two already …