COMMENTARY — Planning for our future
This is a time when Canadians should be considering and encouraging the startup of new mines across Canada, and time is of the essence.For too long, governments and communities have complacently accep…
News
LME WAREHOUSE LEVELS (November 10, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Nov.3/97 (change from previous week in brackets):MetalStock(tonnes)Change…
GOLD FUNDS (November 10, 1997)
Gold Funds as of October 30, 1997BGRCentralNet Value$16.89$5.73Price$13.00…
Inco finds new zones at Voisey’s Bay
Some existing zones have been extended and new zones of nickel-copper-cobalt mineralization have been found at Voisey’s Bay, Labrador, reports Inco (N-T).The company’s exploration drilling and geophys…
Placer joins Arizona Star, Bema at Aldebaran in northern Chile
Placer Dome (PDG-T) has reached a deal with Arizona Star Resource (AZS-V) and Bema Gold (BGO-T) for the right to acquire a 51% interest in the Aldebaran property in northern Chile.Aldebaran is host to…
Kit drills gold target at George Lake property
Assays from summer drilling at the George Lake gold project of Kit Resources (KIT-T) in the Northwest Territories show some strong grades.Assays from drilling on the Goose Lake prospect included: 4.25…
Cross Lake hits copper
Assay results from hole 17 at Cross Lake Minerals’ (CRN-V) Sheraton-Timmins property, east of Timmins, Ont., are confirming the westward extension of the zinc-lead-silver-copper mineralization seen in…
GREATEST VALUE TRADED (November 03, 1997)
ExchgVol(000s)HighLowCloseChangeBarrick GoldT…
Northern Orion and BHP define zone in N.W. Argentina
Drilling in the Filo Amarillo area of the Agua Rica project in northwestern Argentina continues to broaden a newly discovered zone of high-grade copper.Situated in Catamarca province, Agua Rica is a m…
DIAMOND PAGE — Hymex sells alluvial diamonds
Vancouver-based junior Hymex Diamond (HMD-V) has sold just under 11,000 carats of diamonds from its properties in Guinea, West Africa.Proceeds of the sale, held in Antwerp, Belgium, amounted to US$808…
DIAMOND NEWS ROUNDUP — Project targets anomalies
A joint venture consisting of Canadian Mountain Minerals (CYM-A), Dia Met Minerals (DMM-T) and Australian-based Quadrant Resources has detected more than 100 circular magnetic anomalies on diamond cla…
DIAMOND NEWS ROUNDUP — Redaurum gem sets record
Toronto-based Redaurum (RRK-T) reports that its 28.2-carat, gem-quality Colorado diamond has been cut and polished, yielding a 16.86-carat, cushion-cut, white stone that will soon be offered at auctio…