The Northern Miner — Small Producers Index (October 02, 2000)
46.98 (-3.87)(Sept. 30/98 = 100)…
News
Canadian Stock Exchange Indices (September 25, 2000)
DateSept. 19Sept. 18Sep. 15Sept. 14Sep. 13HighLowTSE 30010914.521…
Pacific Cascade takes bulk sample
Pacific Cascade Resources (YOG-V) is gearing up to begin small-scale mining at the Yogo sapphire property in central Montana.The company expects to mine 10,000 tons in order to produce a grade and ton…
Central Canada’s diamond hunt gets second wind
Diamond exploration in central Canada is getting its second wind following a number of promising developments.Although Ontario and Quebec were hopping in the mid-1990s, when financing for diamond expl…
Unresolved legal dispute stalls development of Verkhotina project
After spending about US$16.5 million to explore the Verkhotina diamond licence near the White Sea in northwestern Russia, Archangel Diamond (AAD-V) is unable to advance the project because of an ongoi…
Partners await results
In July, Guyanor Ressources (GRL.B-T) and partner Rio Tinto (RTP-N) completed a sampling program at the Dachine diamond property in French Guiana.The partners processed more than 715 tonnes of diamond…
Hunt for prairie diamonds heats up
While the hunt for prairie diamonds has slowed somewhat from mid-1990s, the search is being kept alive by Ashton Mining of Canada (ACA-T), which is still plugging away at kimberlite targets at its vas…
De Beers completes Winspear deal
De Beers Consolidated Mines (DBRSY-Q) confirms that it has acquired more than 96.2% of the shares of Winspear Diamonds as the result of its $5.00-per-share takeover bid.De Beers will now invoke the co…
Drill results boost re-listed Philex
Less than three weeks after being delisted from the Toronto Stock Exchange for failing to meet the required $2-million market capitalization, Philex Gold (PGI-V) has seen the market value of its stock…
Global Diamond recovers gemstones in South Africa
Trial mining by Global Diamond Resources (GDRS-O) has yielded gemstones that sold for an average price of US$1,443 per carat from the Grasdrif alluvial diamond property on the South African side of th…
Diamond Fields seeks funding for marine project
Armed with a positive feasibility study, Diamond Fields International (DFI-T) is seeking funding to bring its Namibian marine diamond project into production.The company is in discussions with banks a…
Brit gold sale clobbers miners
Denver — The Dow Jones industrial average fell 443.94 points, or 3.9%, during the report period ended Sept. 19 to close at 10,789.29 amid inflationary fears.The price of gold edged off slightly to US…