PEOPLE — BEHRE DOLBEAR (October 14, 1996)
Stanley Hamilton appointed senior associate.
News
PEOPLE — ARCHANGEL DIAMOND (October 14, 1996)
Richard Wake-Walker appointed director.
PEOPLE — ACHIEVA DEV.
James Bryce appointed director and president.
FINANCING (October 14, 1996)
Goldust Mines Ltd. — 4,000,000 Flow-through common shs @ 75 cents per sh.Namibian Minerals Corp. — 2,000,000 Common shs and 1,000,000 common sh purchase wts upon the exercise of special wts previous…
DIAMOND NEWS ROUNDUP — Archon to drill targets
A 2,000-ft. drill program will test four prospective kimberlite targets on ground held by Archon Minerals (ACS-V) in the Northwest Territories.The company has been carrying out a closely spaced progra…
Worldwide titanium use on the rise
The growth of the Asian titanium market and a renewed demand for titanium pigment have pushed up demand for the metal.According to a new study, The Economics of Titanium Minerals and Pigments 1996, th…
GOLD FUNDS (October 14, 1996)
Gold Funds as of October 3, 1996BGRCentralNet Value$24.14$6.30Price$18.70…
Trivalence Mining sells alluvial gems
Sales of alluvial diamonds are reported from the Aredor concession in Guinea, West Africa.An 851.46-carat parcel of rough diamonds recovered from test runs sold for US$340,000, while a single stone we…
DIAMOND NEWS ROUNDUP — Drilling tests Alberta anomalies
Drill-testing of nine potential kimberlite targets is under way on a 215,000-acre block of claims near Hinton, Alta.The property is held 50% by Montello Resources (MEO-A), 40% by Troymin Resources (TY…
DIAMOND NEWS ROUNDUP — SDS hits kimberlite
The Saskatchewan Diamond Syndicate has intersected kimberlite while drill-testing a geophysical anomaly at its diamond project in the Fort la Corne area of the province.Partners Swannell Minerals (SNL…
Bre-X keeps Busang close to its chest
Believing the law is on their side, officials at Bre-X Minerals (BXM-T) do not plan to bow to the demands of one of the company’s Indonesian partners for a bigger piece of the massive Busang gold proj…
STOCK MARKETS — All flat on the western front
The Vancouver Stock Exchange composite index remained flat over the report period ended Oct. 8, slipping 5.59 points to close at 1,199.91. The resource index, meanwhile, finished up 21.53 points at 2,…