A joint venture between two Australian firms and a Russian platinum producer has been granted exploration and mining permits to a gold property in Russia.The company, Bystrynsky Mining, was granted a …
The subject of central banks and gold has become a major issue for the world gold market. One question being widely discussed is “Do recent central bank sales of gold invalidate the role of gold as a …
The Lihir gold mine in Papua New Guinea will be the subject of an April 16 luncheon organized by the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM).The guest speake…
An initial 2,100 metres of drilling by Abcourt Mines (ABI-M) has extended the known mineralized zones of the past-producing Abcourt-Barvue silver-zinc mine property northeast of Val d’Or, Que.Holes 2 …
Montreal-based Nora Exploration (NXI-M) has completed two private placements totalling $960,000 in order to fund a deep-sea program of diamond exploration.The first private placement is in two parts: …
DiamondWorks (DMW-T) has secured an option to buy a 100% interest in a portion of the Kao diamond pipe in the small southern African kingdom of Lesotho.Lesotho, about the size of Belgium and completel…
Partners United Reef (URP-T) and Trans Hex International (THI-T) have decided to permanently close their Mbala diamond mine in the Central African Republic.The mine has been on care and maintenance si…
Wednesday, March 18, 1998Price (US)Week’s ChangeGold*$289.10- $6.15Silver*$ 5.80…
Aluminium: LME settlements US$1,450, alloy US$1,297 per tonne (Mar. 17/98).Antimony: Representative mid-market US$1,600 per tonne (Mar. 17/98).Bismuth: Representative mid-market US$3.85 per lb. (Mar. …
The drilling of potential kimberlite targets is under way on the 65,000-ha Seal Lake prospect in the Buffalo Hills area of Alberta.Lucero Resource (LCR-V) holds an option to earn a half-interest in th…
The Toronto Stock Exchange 300 composite index ended the report period of Mar. 11-17 at 7,440.37 points, up 144.37, or 2%. The index hit yet another record high of 7,468.76 points during the week.The …
Metal stocks (in tonnes) held in London Metal Exchange warehouses at Mar.17/98 (change from Mar. 10 in brackets):MetalStock(tonnes)Change…
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