DIAMOND PAGE — Redaurum sales up
Revenue from diamond sales by Redaurum (RRK-T) jumped 33% in the second quarter.For the three months ended June 30, Redaurum reaped revenues of $2.5 million, compared with just under $1.9 million in t…
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ODDS’N’SODS — Timmins in the ’30s: How does your garden grow?
The makers of mid-priced automobiles were, like many others, hit hard during the Great Depression of the 1930s. But when Marmon, Packard and Hudson were closing factories at an alarming rate, Graham-P…
Omni prepares to drill Mt. Skukum
Omni Resources (ORI-V) has two exploration and development programs under way on its Mount Skukum properties, 40 miles south of Whitehorse, Y.T.At the Skukum Creek project, the company is preparing to…
DIAMOND PAGE — Hymex sees Guinea diamond output rise
The alluvial diamond mining operations of Hymex Diamond (HMD-V) in the small West African country of Guinea are producing gems at a rate five times higher than a year ago.In June, the company washed 6…
INVESTMENT COMMENTARY — Gold exploration potential renders First Miss a hit
With its yearly gold production about to double, FirstMiss Gold (FRMG-Q) could have enough cash on hand to mount a major exploration campaign in the Getchell trend of north-central Nevada.Analyst Geof…
Engineering Act of Nova Scotia to include geologists
Geologists, geophysicists and engineers in Nova Scotia have agreed on a mechanism to include geoscientists in the province’s Engineering Act, opening the way for professional registration of geologist…
DIAMOND PAGE — Namco increases sea-floor resource
A consulting firm has raised its estimate of the sea-floor diamond resource of Namco (NMR-T) by almost 8%.Namco is working on the floor of the Atlantic Ocean, off the coast of Namibia. The company’s r…
TORONTO STOCK EXCHANGE INDICES (July 22, 1996)
1996July 16July 15July 12July 11July 10HighLowCom…
Rhonda picks up gold at Jax
Drill holes at the Jax Lake prospect of Rhonda Mining (RDM-A), 250 km northeast of Yellowknife, N.W.T., have intersected shallow gold mineralization.The three holes, drilled from the same collar in a …
DIAMOND PAGE — SouthernEra processes bulk sample
Toronto-based SouthernEra Resources (SUF-T) has started processing bulk samples at its plant on the Klipspringer diamond property in South Africa.The company has tested about 750 tonnes of overburden …
Argentina seeks more mining investment
Chile and Argentina have been rivals for so long that the idea of co-operating on anything seemed remote. But political changes and an economic renaissance have changed this adversarial stance, at lea…
Zimbabweans seek split from Guyana Gold after profit dispute
State-owned Zimbabwe Mining Development Corp. (ZMDC) is seeking to back out of its partnership with Guyana Gold (GUY-T) in the Sabi gold mine.The Vancouver-based junior holds a 55% interest in the und…