News


THE DIAMOND PAGE — Hymex producing

Vancouver-listed Hymex Diamond has reported production figures from its Diani River project in Guinea.In February, the company washed 3,044 cubic metres of gravel, recovering 1,446 stones weighing 727…


Canmex expands its holdings in Mexico

Exploration agreements on ground in Mexico’s Sinaloa state will expand the property position of Canmex Minerals (VSE) in the area of its Limon project.The company holds an option to buy the Muzquiz Co…


EDITORIAL PAGE — Lining up at the trough

Something has gone wrong with the government process currently reviewing a proposal to mine diamonds in the Northwest Territories.The review and public hearings are supposed to focus on the environmen…



Reserves dip for Battle Mountain

While Battle Mountain Gold (NYSE) added 735,000 oz. gold to its reserve base in 1995, the amount was not sufficient to prevent a decrease in its overall inventory.The proven and probable figure stands…


THE DIAMOND PAGE — Diamonds produced at Mazaruni

Partners Mazaruni Minerals (ASE) and Exall Resources (TSE) have started producing diamonds on the Mazaruni placer diamond operation on Guyana’s Mazaruni River.A dredge is taking bulk samples in three …



gold funds

Gold Funds as of Febuary 29, 1996BGRCentralNet Value$23.26$6.92Price$19.25$7.000Discount17.23%1.2%Value $181,845,000$126,695,100…


ASE seeks to clarify Naxos assays

The Alberta Stock Exchange has requested further clarification of the assaying techniques employed by Naxos Resources (ASE) at its Franklin Lake property in California.The regulatory concerns are rela…


Spotprices at a glance

Spot prices at a glanceWednesday, March 6, 1996Price (US)Week’s ChangeGold*$393.60-$4.10Silver*$ 5.36-$0.10Platinum*$406.35-$1.65Nickel**$ 3.45-$0.14Lead**$ 0.34-$0.01Copper $ 1…



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