Messina Diamond (MSC.U-T) has found an extension to a high-grade portion of its Star mine, situated 50 km south of Welkom, South Africa.Sampling of 674 tonnes of material taken from the vicinity of th…
A new technique used to determine the age of sedimentary rocks could refine the geological time scale and provide new insight into global sea-level variations, according to a recent study.A team of re…
Deep in the dark privacy of the ocean floor, a group of smokers puff away proudly; what they exhale is a far cry from second-hand smoke.”Black smokers,” or massive chimney-like structures that vent ho…
Aluminium: LME settlements US$1,432, alloy US$1,275 per tonne (Mar. 24/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 24/98).Bismuth: Representative mid-market US$4.05 per lb. (Mar. …
Junior Noble Peak Resources (NPK-A) is preparing to start a program of infill drilling and bulk sampling in early April on a set of South African properties optioned from Mountain Lake Resources (MOA-…
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 18-24 at a record high of 7,551.23, up 110.86 points, or 1.5%, over its March 17 showing.The Canadian dollar fell 13 basi…
Proven and probable reserves for Newmont Gold (NGC-N) at the end of 1997 stood at 52.7 million oz. gold, down 5% from the previous year.The apparent decline is a function of the gold price used to cal…
Minorca Resources (mar-t) has purchased a $1-million private placement in Canarc Resource (CCM-T), consisting of just over 1.3 million shares at 75cents each.Minorca has also acquired 800,000 addition…
The exploration arm of Noranda (NOR-T) has signed a deal with Southern Africa Minerals (SAF-T) to earn a 55% interest in the Caber base metal property, situated near Matagami, Que.For its interest, No…
Prompted by the Bre-X Minerals debacle, the Commission des valeurs mobiliers du Quebec (CVMQ) has introduced new regulations designed to boost the credibility of mining companies in the Quebec securit…
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Jersey Goldfields (JRG-V) has changed its name to Jersey Petroleum (JPI-V)
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