Monarch sells Venezuelan interests to Bolivar
Choosing to concentrate on its Mexican projects, Monarch Resources (MRE-T) has reached an agreement to sell its Venezuelan properties to Bolivar Goldfields (BVG-T).Bolivar will take over the mine know…
News
Pangea uncovers gold mineralization in Tanzania
Partners Pangea Goldfields (PGD-T) and Explorations Minires du Nord (MDN-M) have discovered significant gold mineralization on the Kanegele block in the Lake Victoria Goldfields district of Tanzania.A…
COMMENTARY — Streamlining of regulations must continue
The author is vice-president of sustainable development for Vancouver-based Placer Dome and has written the following article at the request of Keep Mining in Canada, an organization designed to incre…
ODDS ‘N’ SODS — Mines in the middle of nowhere
Mines are found in some of the most inaccessible locations on earth. Although mineral operations seldom are situated in the heart of a large city,they often evolve around mines.The most outstanding ex…
STOCK MARKET — Mining index follows suit as western markets slacken — Interest sustained in Eastern European gold plays and Territorial diamonds
Western markets remained flat over the report period ended Sept. 9. The Vancouver Stock Exchange composite index was off less than a point, closing at 841.54, while the mining index slipped 9.38 point…
SPOT PRICES (September 15, 1997)
Wednesday, September 10, 1997Price (US)Week’s ChangeGold*$321.00- $1.00Silver*$ 4.
BHP swaps ground for Eastmain shares
BHP Minerals (BHP-N) will transfer base metal and gold exploration properties in eastern Canada to Eastmain Resources (ER-T) in exchange for shares, the number of which will be decided following a due…
Trans Hex, Ocean keep sampling
Having found only one gem-quality macrodiamond in the first bulk sample from the Sunda Shelf property, off the coast of Namibia, partners Trans Hex International (THI-T) and Ocean Resources (OCR-V) ha…
DIAMOND PAGE — Shore Gold buys out Saskatchewan partner
Saskatoon, Sask.-based Shore Gold (SGF-A) has taken complete control of the Fort la Corne diamond project it had shared with Rio Nevada Mines (RN-A).Rio Nevada sold its 25% interest to Shore for 250,0…
DIAMOND PAGE — Hymex Diamond prepares to mine kimberlite blow
Hymex Diamond (HMD-V) now has a kimberlite washplant on site at its diamond property in Guinea, West Africa.The washplant is expected to be available for trial runs, processing kimberlitic material by…
BOOK REVIEW — Industrial minerals reference commendable
Industrial Minerals and their Uses: A Handbook and Formulary Peter Ciullo – editor, US$86, Noyes Data Corporation, Westwood, N.J. 07675Technical handbooks are utterly without glamor. Thick, with dull …
MOST ACTIVE ISSUES, Sept. 3-9
ExchagVol(000s)CloseKalahari ResV61330.89Barrick GoldT…