Assays of a bulk sample taken from the M-1 kimberlite pipe on the Marsfontein farm at the Klipspringer project in South Africa have confirmed earlier grade estimates, reports SouthernEra Resources (SU…
A second sample from the promising K14C kimberlite at the Buffalo Hills project in north-central Alberta has yielded one macrodiamond and 94 microdiamonds from 45.6 kg of drill core.An earlier 43.4-kg…
Although placer gold deposits have yielded less than 10% of Canada’s gold production, their discovery played an important role in attracting settlers to remote areas of the country.For example, the Ca…
Faced with the real possibility of declining royalty payments from future operations along this state’s Carlin trend, Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have decided to enter th…
A rights offering by Ashton Mining of Canada (ACA-T) raised $15.7 million.Proceeds will be used to fund ongoing exploration in North America, including a work program under way at an extensive field o…
Gold Funds as of October 2, 1997BGRCentralNet Value$18.67$5.94Price$14.45…
From August to September, both the composite indicator and mining indicator of the Vancouver Stock Exchange dropped by 2%. Also, four exploration and development companies were newly listed, including…
A conference showcasing mineral investment opportunities in Africa will be held Feb. 3-5 at the Cape Sun Intercontinental Hotel in Cape Town, South Africa.The conference, entitled “Investing in Africa…
Aluminium: LME settlements US$1,646 per tonne(Oct. 7/97).Antimony: Composite free market, US$1,930 per tonne (Oct. 7/97).Bismuth: Composite free market US$3.40 per lb. (Sept. 30/97).Cadmium: Composite…
Drilling by partners Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) has intersected high-grade copper mineralization on the Lew volcanogenic massive sulphide property, 20 km …
Soon to join the ranks of gold producers, Lyon Lake Mines (LLL-M) reports that its wholly owned Beta Vargas open-pit gold mine in Costa Rica is operational.Thirty thousand tonnes of ore are being plac…
A mechanical failure in the grinding circuit at the Holt-McDermott mill, east of Matheson, Ont., is affecting both producing mines in the Harker-Holloway gold camp.Repairs are under way at the mill, w…
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