The recently discovered Hearne and Tuzo kimberlite pipes on the AK property in the Northwest Territories are diamondiferous.Monopros, a wholly owned subsidiary of De Beers Consolidated Mines (DBRS-Q),…
Armeno among host of active juniors in resource sectorThe Vancouver Stock Exchange composite index closed down 4.96 points, or 0.6%, at 833.44 over the report period ended Oct. 21. The mining index wa…
some vitality in week of light tradingThe Toronto Stock Exchange 300 composite index ended the report period Oct.14-21 at 7137.27, down 31.5 points, or 0.4%. Trading was relatively light, with trading…
Aluminum: LME settlements US$1,565.5 per tonne, alloy $1,437.5 per tonne (Oct. 22/97).Antimony: Composite free market, US$1,900 per tonne (Oct. 21/97).Bismuth: Composite free market US$3.35 per lb. (O…
A 6-hole drilling program at the Doyle Lake diamond project in the Northwest Territories encountered no kimberlite.Gerle Gold (GGL-V) holds a 40% interest in the project and is the operator.Monopros, …
Partners Corner Bay Minerals (BAY-T) and Phelps Dodge (PD-N) are forming a joint-venture company to explore the Cerro Verde property in Mexico’s Sonora state. Their objective is to outline a bulk-tonn…
Delineation drilling by Geomaque Explorations (GEO-T) at its Honduran gold property has returned sufficiently encouraging values to warrant follow-up work.No sooner had the company wrapped up its dril…
Phoenix, Ariz.-based Phelps Dodge (PD-N) has pulled out of the Cerro Lindo copper-zinc project in Peru.The company gave no reason for its withdrawal..Situated near the southern department of Arequipa,…
Some of the proceeds of a newly arranged US$50-million revolving credit facility will be used by Eldorado Gold (ELD-T) to fund an ongoing expansion and optimization program at the Sao Bento gold mine …
Juniors Altoro Gold (ATG-V) and Vista Gold (VGZ-T) have signed an option agreement enabling BHP Minerals to earn a 50% interest in their jointly held Iroco gold project in Bolivia.To earn its interest…
Drilling by Solitario Resources (SLR-T) has intersected narrow intervals of high-grade gold mineralization at the Canada Onda prospect in Argentina.The Denver-based company said high-grade gold was in…
Gold giant Barrick Gold (ABX-T) has terminated an option it held on the Nufort claims, near Timmins, Ont.Moneta Porcupine Mines (ME-T) holds a 50% interest in the claims. However, Barrick will maintai…
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