Diavik sampling confirms grade
A consistent grade of 4.53 carats per tonne is reported from sampling of the A-154 South pipe at the Diavik diamond project in the Northwest Territories. To date, processing has been completed on just…
News
TVX, Battle Mountain join up in Brazil
Two Toronto-listed companies — Battle Mountain Gold and TVX Gold — have formed a joint venture to develop the latter’s Volta Grande gold property in Brazil’s Para state.The property consists of 15,1…
RJK picks up ground in Brazil
Junior RJK Explorations (ASE) has agreed to acquire a gold concession along the Gurupi trend in Brazil in exchange for US$450,000 cash.Gold mineralization within the 10,000-hectare concession appears …
Index (May 27, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingDiamond NewsDiamond DrillersDividendEditorialsLetter to the EditorMetal PricesMetals CommentaryOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSub…
BOOK REVIEW — Book explores world diamond market
Three prominent international mining writers have produced New Frontiers in Diamonds, a book that analyzes the world diamond industry and the dramatic changes expected to take place in the next centur…
Companies (May 27, 1996)
INDEXAber ResourcesAcabit Expl.Adex MiningAdola GoldAfriOreAltai ResourcesAnglo AmericanArequipa Res.AsarcoAshanti GldfldsAshtn Mg of CdaAshton MiningAsia PacificAurizon MinesBaja GoldBand Ore Res.Ba…
Anglo, Pangea outline resource at Kahama
The Lake Victoria greenstone belts continue to reward exploration efforts, most recently at the Kahama property of Pangea Goldfields (TSE), under option to Anglo American.A reverse-circulation program…
ODDS’N’SODS — Tipped off
George “Gus” McManus was responsible for staking many of the gold deposits in the Red Lake area of Ontario during the early years of mining development in that district.McManus was prospecting for sil…
ANNUAL REPORT REVIEW — B.C. mining profitable but exploration waning
Although British Columbia’s mining industry reported its second consecutive year of profitablity in 1995, the future health of the industry remains in doubt.In its annual report titled The Mining Indu…
METAL PRICES — FREE MARKET (May 27, 1996)
London Metal Exchange.Spot closing prices in $US per tonne.DateMay 21 May 20May 17 May 16 May 15.Copper2510-2515 2472-24772570-25752740-27452750-2755.Lead835-836 831-832841-843 852-853 845.5-…
PEOPLE — CROSS LAKE (May 27, 1996)
James Tutton appointed president; Henry Ewanchuk, Chet Idziszek and Brian Kynoch appointed directors.
PEOPLE — BREN-MAR RES.
A. Beaton appointed officer and vice-president of mining; Hans Schwabl and Bruce Purcell appointed directors.