News


ODDS `N’ SODS — The hour of the wolf

Many of us have recurring dreams, but some are such that they will stay with us forever. Such is my dream of the wolf.In 1964, a partner and I spent most of the summer conducting reconnaissance geolog…



Long-Term copper consumption to rise

Copper consumption is on the rise worldwide and could top 18 million tonnes by 2010, according to a study released by CRU International, a London-based firm of metals analysts.Use of the metal in cons…


Production of most base metals down in January

Canadian production rates of primary nickel, silver, primary zinc, iron ore and salt increased in January 1997 over levels recorded in the same period of the previous year.However, output of gold, cop…


Sonora shifts focus to diamonds

In a name change that reflects the company’s new focus, Sonora Gold is now known as Sonora Diamond (SON-T).Although shareholders approved the new name at Sonora’s annual meeting, about half of them st…


Corrections (April 14, 1997)

Arauco Resources (ARU-V) has acquired full ownership of the George Lake gold project. Incorrect information appeared in our issue of March 31.



DIAMOND BRIEFS — Diagem markets Brazilian stones

Vancouver-based Diagem International Resource (DGM-V) has released production figures from the Juina alluvial diamond operation in Brazil’s Mato Grosso state.Production of diamonds in March was 11,723…



LME WAREHOUSE LEVELS (April 14, 1997)

Metal stocks (in tonnes) held in London Metal Exchange warehouses at April 7/97 (change from previous week in brackets):Aluminium844,575(-8,425)Copper167,125(-10,125)Lead107,875(+950)Nickel48,5…


Bema boosts stake in El Callao and Puma

To increase its interest in two Vancouver-listed juniors, Bema Gold (BGO-T) has spent $4.8 million in two separate private placements.Bema bought 2 million units of El Callao Mining (ECM-V) at $1.50 e…


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