A macrodiamond has been recovered from a drill program at the Abminga kimberlite field in South Australia.Operator Caldera Resources (CDR-M) says the discovery was made in a small drill-Core sample th…
Toronto-based Canuc Resources (CANC-C) has entered into a joint-Venture agreement with Placer Dome (PDG-T) to explore and develop the Nambija gold deposit in southeastern Ecuador.Under the agreement, …
At the Candle Lake joint venture in the Fort la Corne area of Saskatchewan, Kennecott Canada has suspended a 25-Tonne program of mini-bulk sampling on kimberlite C29/30 until a larger drill rig can be…
Resource giant Minorco has entered the Papua New Guinea resource sector by forming a joint venture with a Toronto-based junior holding several projects in the Southeast Asian nation.The recent agreeme…
Inter-Rock Gold (IRO-T) reports that infill and extension drilling on the northern part of the Mother Lode deposit at its Daisy gold mine near Beatty, Nev., may eventually boost the mine’s tonnage and…
The latest results from the Meliadine West gold project in the Northwest Territories bode well for equal partners Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T).The project is under option…
Aluminium: LME settlements US$1,545.50 per tonne, alloy $1,410 per tonne (July 8/97).Antimony: Composite free market, US$2,025 per tonne (July 7/97).Bismuth: Composite free market US$3.85 per lb. (Jul…
Gold tumbled to a 12-year low during the report period ended July 8, with western markets following close behind. The Vancouver Stock Exchange composite index lost 60.86 points, or 7.03%, to close at …
Mongolia is a vast highland country, land-locked between Russia to the north and China to the south. The breakup of the Soviet Union in 1989 ended some 70 years of influence over Mongolia, which has e…
With mill construction now complete, Roycefield Resources (RYC-T) expects to begin processing antimony ore next month at its Beaver Brook project in central Newfoundland.The company spent $4.6 million…
Gold Funds as of June 26, 1997BGRCentralNet Value$19.49$5.83Price$15.15$5…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at June 30/97 (change from previous week in brackets):Aluminium670850(-12425)Copper128325(+6075)Lead116500(+550)Nickel52284(-2…
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