African nations set standards
A new agreement among 16 West and Central African nations will benefit the business practices of western mining companies operating in the region, according to Price Waterhouse.The Organization for th…
News
EDITORIAL — Cartels may give way to cooperatives — New players in the sandlot
Milk producers do it, along with egg farmers. Wheat farmers do it (though some would rather not), while oil producers tried to do it, but weren’t disciplined enough to suceeed. Microsoft’s Bill Gates …
Magnesium Alloy kicks off Kouilou prefeasibility study
Having brought on board some experienced Russian and German consultants, Magnesium Alloy (MGAC.U-C) has begun a prefeasibility study at its Kouilou magnesium project along the coast of the Republic of…
DIAMOND PAGE — Partners plan drill program in NWT
A summer exploration program is set to commence at the Doyle Lake project in the Northwest Territories.Situated 280 km northeast of Yellowknife, the project is a joint venture held 60% by De Beers Con…
DIAMOND PAGE — Argyle mine expansion under way
The huge Argyle diamond mine in Western Australia is getting bigger.Argyle joint-venture partners Rio Tinto (RTP-N), Ashton Mining and the Western Australia Diamond Trust, have approved the developmen…
DIAMOND PAGE — SouthernEra sells diamond parcels
SouthernEra Resources (SUF-T) has sold several parcels of rough diamonds from its Klipspringer mine in South Africa and its Angolan alluvial operations.Over the past four months, Klipspringer has prod…
Antares bails out of Rappa Holdings
Toronto-based Antares Mining & Exploration (ANZ-T) is selling its 25% indirect interest in South Africa-based Rappa Holdings.Rappa specializes in recovering gold and other precious metals from a varie…
Companies (July 06, 1998)
Altius MineralsAntares Mining and ExplorationAscot ResourcesAshton MiningAteba MinesAur ResourcesBema GoldBreakwater ResourcesCampbell ResourcesCanabrava DiamondChannel ResourcesComaplex MineralsCumbe…
Partners resume program
Partners Prospectors Alliance (PALL-C) (with privately held co-venturer Explorers Alliance), Falconbridge (F-T) and the exploration arm of Minorco (MNRC-Q) subsidiary Hudson Bay Mining and Smelting, h…
Minroc eyes magnesium potential at Cassiar
Junior Minroc Mines (MN-T) is attempting to gain a foothold in the magnesium industry through its producing Cassiar asbestos tailings project in northern British Columbia.The company, formerly known a…
Western Copper advances projects
The latest results from a series of eight infill holes continue to confirm the continuity and grade of the San Nicolas polymetallic deposit in the central Mexican state of Zacatecas.The holes were com…
SPOT PRICES (July 06, 1998)
Tuesday June 30, 1998Price (US)Week’s ChangeGold*$295.75+ $1.85Silver*$ 5.36…