EDITORIAL PAGE — Diamond standard needed
The Australians did it. American regulators followed suit. And Canadians should do it, too . . . . . . Introduce diamond reporting standards, that is. In the early 1990s, a group of Australian diamond…
News
COMMENTARY — Thailand’s potash potential
A 75% improvement in North American grain yields between 1965 and 1990 reflected a tripling of fertilizer application rates, as high-yielding crop varieties generally require more fertilizer. A long p…
Republic Goldfields finds two new zones
Vancouver-listed Republic Goldfields has identified two potential open-pit zones at the Congress gold project in Arizona. Reverse circulation drilling has partially defined the Golden Wave and Bellick…
NEWS ROUNDUP — Glimmer considers more drilling
Additional drilling is being considered for the Hislop gold property, east of Timmins, Ont. Partners Hemlo Gold Mines (TSE) and Glimmer Resources (VSE) are tentatively planning a 5,240-metre program c…
New development plan for Eskay
A decision to sell Eskay Creek ore directly to smelters will benefit Prime Resources Group (VSE) in two respects. The company, which owns the high-grade gold project north of Stewart, B.C., can expect…
NEWS ROUNDUP — Skyline outlines Bronson porphyry
Toronto-listed International Skyline Gold has released a reserve estimate for its Bronson Slope property in northwestern British Columbia. Based on 2,855 ft. of drilling last fall, combined with 7,461…
Nebex hits gold in Shear 20 zone
A hole drilled by Nebex Resources (ASE) to test a deep, induced-polarization anomaly has intersected what appears to be a new gold zone near Yellowknife, N.W.T. Averaging 0.32 oz. gold per ton over 16…
Mineral investments in China
China represents one of the last great frontiers for mining companies looking for global possibilities, says Metals Economics Group in China: Emerging Minerals Opportunities. The study cites three fac…
Lac recovers bodies of trapped miners
The bodies of two miners, trapped underground for more than two months at the Macassa gold mine near Kirkland Lake, Ont., have been recovered. The bodies of Robert Sheldon, 34, of Larder Lake, Ont., a…
NEWS ROUNDUP — American Bullion to explore Red Chris
American Bullion Minerals (VSE) has raised $5 million to explore and develop its Red Chris porphyry copper-gold project in northwestern British Columbia. The funds came from a brokered private placeme…
Brimstone reserve significantly higher
The proven and probable figure has just swelled at the Crofoot-Lewis open pit in northwestern Nevada. Having subjected the Brimstone deposit to further evaluation, Hycroft Resources & Development (VSE…
Kinross drills new zone at Hoyle Pond
Toronto-listed Kinross Gold may have discovered a significant new zone at its Hoyle Pond mine in Timmins, Ont. Results from the first three holes of a drill program suggest as much. The discovery occu…