Microdiamond analysis by Rupert Resources (RUP-V) at the past-producing Crown diamond mine in South Africa is coming up clover.Analysis of a 185.2-metre core length of hypabyssal kimberlite intersecte…
GMD Resources (GMD-V) is under investigation for having made $3 million worth of unsecured, non-arm’s-length loans to two companies without the approval of the Vancouver Stock Exchange.The first loan …
The North American mining industry has a longstanding tradition of doing deals on a handshake. This, no doubt, was born of necessity, as lawyers were few and far between in the days of the early gold …
A hole drilled by NFX Gold (NFXG-C) has returned 0.16 oz. gold per ton over 30 ft., about 2,000 ft. below surface, at the Cheminis property in northern Ontario.The intersection includes a 20-ft. inter…
A $1-million exploration program by St Andrew Goldfields (SAS-T) will test extensions of known gold zones at the Fenn-Gib project near Matheson in northern Ontario.The Toronto-based junior recently co…
At a time when many North American mining companies are laying off workers, Stillwater Mining (SWC-X) is looking to add personnel at its namesake mine, 80 miles southwest of Billings, Mont.The move is…
Rothschild Australia has agreed to let a subsidiary of Toronto-based Eden Roc Mineral (EDN-T) refinance an existing US$5-million revolving project loan.Eden Roc was forced to seek the refinancing as a…
Gold Funds as of January 22, 1998BGRCentralNet Value$14.67$6.21Price$11.40…
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Boliden (BOL-T) will conduct an in-depth analysis of the assets of Westmin Resources (WMI-T) following its successful takeover of the Vancouver-based mining company.Boliden says all conditions of its …
American Comstock Exploration (AEK-V) has changed its name to International Comstock Exploration (COZ-V) on a 1-new-for-5-old-share basis.
DiamondWorks (DMW-T) expects to produce 9,000 carats per month at its Yetwene property in Angola. The diamonds are expected to have a value, as opposed to a cash production cost, of $US280 per carat. …
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