CONSOLIDATED GRANBY RES.
John M. Torok appointed president and CEO. Ray Runcie and R. Bruce Duncan appointed directors.
News
CANABRAVA DIAMOND
Rory Moore appointed president and CEO.
BOOKER GOLD EXPLORATIONS
Bill Deeks appointed director.
AMERICAN GEM
Vic Alboini, Doug Harris and Greg Dahl appointed directors.
DIAMOND PAGE — Namco readies sea-floor crawler
Initial tests of the NamSSol seabed crawler in the North Sea have proven successful, reports Namibian Minerals (NMR-T).Certain modifications need to be made to the diamond mining vessel’s launch and r…
DIAMOND PAGE — Bulk sample yields two gems for Ocean Res.
Ocean Resources (OCR-V) has recovered a pair of gem-quality diamonds from its Sunda Shelf joint-venture project off the coast of Kalimantan, Indonesia.A bulk sample consisting of 2,900 cubic metres of…
St. Genevive to sell interests in affiliates
In order to reimburse three affiliated companies for some $21-million worth of “unauthorized borrowing,” St. Genevive Resources (DHB-Y) says it will sell its interests in at least four affiliates and …
PEOPLE — AGATE BAY RES.
John Jardine appointed director.
Lyon Lake pours gold at Beta Vargas
Lyon Lake Mines (LLL-M) has joined the gold production ranks, pouring its first gold at the Beta Vargas mine in Costa Rica.The Montreal-based company reports that the average daily throughput at its w…
FORTUNE RES.
Don Hawe and Catherine Richards appointed directors.
Discovery at Bathurst
Junior Mountain Lake Resources (MOA-V) has discovered lead-zinc mineralization on its Maliseet Mountain property in the Bathurst base metal camp of New Brunswick.Hole 2 intersected 15.9 metres averagi…
FACTS ‘N’ FIGURES — Gold output from East to rise in ’98
In 1998, net gold exports from the Commonwealth of Independent States (CIS), China, Vietnam and North Korea could increase by 8.3% to 13 million oz., according to a report by CPM Group of New York, N….