Trans Hex, Ocean keep sampling
Having found only one gem-quality macrodiamond in the first bulk sample from the Sunda Shelf property, off the coast of Namibia, partners Trans Hex International (THI-T) and Ocean Resources (OCR-V) ha…
News
DIAMOND PAGE — Shore Gold buys out Saskatchewan partner
Saskatoon, Sask.-based Shore Gold (SGF-A) has taken complete control of the Fort la Corne diamond project it had shared with Rio Nevada Mines (RN-A).Rio Nevada sold its 25% interest to Shore for 250,0…
DIAMOND PAGE — Hymex Diamond prepares to mine kimberlite blow
Hymex Diamond (HMD-V) now has a kimberlite washplant on site at its diamond property in Guinea, West Africa.The washplant is expected to be available for trial runs, processing kimberlitic material by…
BOOK REVIEW — Industrial minerals reference commendable
Industrial Minerals and their Uses: A Handbook and Formulary Peter Ciullo – editor, US$86, Noyes Data Corporation, Westwood, N.J. 07675Technical handbooks are utterly without glamor. Thick, with dull …
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TORONTO STOCK EXCHANGE INDICES (September 15, 1997)
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LME WAREHOUSE LEVELS (September 15, 1997)
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept.9/97 (change from previous week in brackets):MetalStocks(tonnes)Change…
Barrick pulls plug on El Indio, Tambo — Three other mines slated for shutdown in 1999
Having tried, and failed, to turn around the Chilean operations of the former Lac Minerals, Barrick Gold (ABX-T) has moved to wipe the under-performingoperations off its books.The company has announce…
Minefinders buys back Echo Bay’s option on gold project in Chihuahua — Major gets cash, shares in return for interest in Dolores gold project
Echo Bay Mines (ECO-T) has relinquished its option to acquire a 60% interest in the Dolores gold project in Mexico’s Chihuahua state. In return, the property owner, Minefinders (MFL-V), will transfer …
Meridian sets sights on India
Meridian Minerals India, an 80%-owned subsidiary of Meridian Peak Resources (MRK-V), has been granted two prospecting licences in the northwestern Indian state of Rajasthan.The company has the right t…
Noveder drills for gold at Abitibi
Noveder (NED-M) has hit narrow intersections of high-grade gold mineralization in three holes drilled at the Abitibi project near Val d’Or, Que.Holes 19, 20 and 21 were drilled to verify the depth ext…
Eden Roc finds more Ivorian ore
An exploration program has enabled Eden Roc Mineral (EDN-T) to expand the Junction zone, as well as outline high-grade ore, at the Afema gold mine in Ivory Coast.Ore from the upper oxide portion of th…