News

DIAMOND NEWS ROUNDUP — Radar looks to Saskatchewan

Radar Acquisitions (RAC-A) has acquired an option to buy two mineral claims in northern Saskatchewan, where prospective kimberlite indicator minerals have been found.The company plans to conduct an ai…



Kazakstan and World Wide nix merger plans

The previously announced merger of World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) has been terminated. In addition, World Wide will not purchase the stake in Kazakstan Goldfields held b…




STOCK MARKETS — Diamond plays add some zest to VSE

The Vancouver Stock Exchange composite index closed up 12.63 points at 1,191.02 for the report period ended Jan. 14, while the resource index finished at 2,264.75, off 11.99 points.Trade Wind Resource…


STOCK MARKETS — Base metals add power to TSE

The Toronto Stock Exchange’s composite 300 index rose 1.8% during the trading period Jan. 8-14, hitting a record high of 6054.86. The previous record was 6018.65, set on Nov. 28, 1996. It was the sixt…



PRODUCER PRICES (January 20, 1997)

ALUMINIUM: LME settlements US$1,590.50 per tonne, alloy $1,508 per tonne (Jan. 14/97).ANTIMONY: Composite free market, US$2,350 per tonne (Jan. 14/97).BISMUTH: Composite free market US$3.25 per lb. (J…


Timbuktu Gold set to drill in Mali

Drilling at Timbuktu Gold’s (TBT-A) Sitakili gold concession in Mali is set to begin, while a meeting to change the company’s name has been postponed.The Calgary-based junior has contracted Boart Long…



Meridian books a passage to India

Junior Meridian Peak Resources (MRK-V) is forming a subsidiary to explore for gold in India.Although the formation of Meridian Minerals India (MMI) is still subject the the approval of Indian regulato…


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