Redaurum reports discovery
In the Chivu district of central Zimbabwe, Toronto-listed Redaurum (RRK-T) has discovered an ultramafic body containing kimberlitic minerals.The minerals were identified by electron microprobe after s…
News
THE DIAMOND PAGE — Diamond sales increase for CSO
Sales of rough diamonds by De Beers’ Central Selling Organization reached US$2,748 million during the first six months of this year — 8.2% more than in the same period last year.Sales in the first ha…
THE DIAMOND PAGE — Ashton uncovers dykes at Roundrock
A fissure system of closely related kimberlite dykes and dykelets was intersected over narrow widths by two drill holes at the Roundrock property in the Snare Lake region of the Northwest Territories….
THE DIAMOND PAGE — Diavik bulk sampling nears completion
The processing of a 3,000-tonne underground bulk sample from the A-154 South pipe at the Diavik diamond project is about two-thirds completed.To date, an overall grade of 4.67 carats per tonne is repo…
STOCK MARKETS — Resource stocks stagnant on western markets
Western markets put in a weak performance over the report period ended June 25.The Vancouver Stock Exchange composite index dropped 20.6 points to 1,253.04, while the resource index reversed its slide…
THE DIAMOND PAGE — Kensington backs out of deal
Following a due diligence review, Kensington Resources (KRT-V) has elected not to proceed with the acquisition of the South African Loxton Dal and Frank Smith diamond mines from a wholly owned subsidi…
MOST ACTIVE ISSUES (July 01, 1996)
ExchgVol(000s)CloseArizona StrV 8734 6.95BRE-X MnrlsT…
TSE INDICES (July 01, 1996)
1996June 25June 24June 21June 20June 19HighLowCom…
Drilling probes Blackdome mine
A minimum 5,000-ft. diamond drilling program is under way at the Blackdome gold mine in southwestern British Columbia.Petro Plus (PPV-A) can earn a half interest in the former underground producer fro…
Spot prices at a glance (July 01, 1996)
Wednesday, June 26, 1996Week’sPrice (US)ChangeGold*$384…
STOCK MARKETS — Toronto market waits it out
The Toronto Stock Exchange finished a sleepy week virtually unchanged, as traders waited on a possible interest rate cut. The TSE 300 composite index rose 0.1% or 8.9 points to close at 5,069.55 on Ju…
INSIDER TRADING — Asia Pacific officers sell large holding
The Ontario Securities Commission reported insider trading by directors of Asia Pacific Resources (APQ-T) during March and April.According to the Commission’s weekly OSC Bulletin, President G.D. Wrigh…