Operator Namibian Minerals (NMR-T) produced 30,300 carats of alluvial diamonds from the Luderitz Bay concession in its latest quarter, ended Aug. 31, up from the 25,900 carats produced in the previous…
Toronto-based American Gem (GEM-V) has signed an agreement granting Gupta Gemhouse the right to become the exclusive distributor of its existing sapphire inventory and future production from the Gem M…
Ongoing definition drilling has enabled Goldcorp (G-T) to report a 47% increase in high-grade reserves at its Red Lake gold mine in northwestern Ontario.High-grade, probable reserves are calculated at…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Sept. 8/98 (change from Sept. 1 in brackets):MetalStocks (tonnes)Change…
Adrian Resources (ADL-T) and International Skyline Gold (SK-T) will acquire a 63% and a 27% interest, respectively, in the Picuda copper-oxide property in southern Peru.In return, Adrian must pay the …
Ongoing weakness in world nickel markets has prompted a unit of Falconbridge (FL-T) to curtail production from its 85.26%-owned ferronickel operation in the Domincan Republic.During the 3-month shutdo…
Donner Minerals (DML-V) has resumed drilling at the South Voisey’s Bay joint venture in Labrador.Drilling had been suspended for one month to allow an ongoing pulse electromagnetic survey to delineate…
Polymet Mining (POM-V) is pulling out of Labrador so that it can focus on the Dunka Road polymetallic project in northeastern Minnesota.Polymet, formerly known as Fleck Resources, will sell its intere…
Following the discovery of five kimberlite bodies earlier this summer at the Victoria Island diamond project in the Northwest Territories, Monopros has completed a surface program of till sampling, gl…
By October, Trans Hex International (THI-T) expects to complete construction of a 100-tonne dense-media-separation sampling plant for the Northbank alluvial diamond property in Namibia.Later this mont…
Vancouver-based Trivalence Mining (TMI-V) has identified a new kimberlite at its 85%-owned Aredor diamond concession in Guinea, West Africa.The K-21 pipe was found 3 km south and upstream of the junio…
The directors of Oliver Gold (OGO-V) and Trillion Resources (TLQ-T) have agreed to merge their companies.Few details have been released, other than that a merger proposal will be mailed to shareholder…
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