Wheaton raises funds for exploration
Wheaton River Minerals (TSE) has raised almost $5 million in a private placement, which it will apply to exploration and development at its Golden Bear and Ketza River projects in British Columbia.Whe…
News
Junior aims to retain majority stake — Bre-X in driver’s seat as Busang’s potential grows
Junior companies are credited with many important mineral discoveries, but, in most cases, the companies and their projects are gobbled up by senior companies with the resources to build and operate m…
Laminco expands its San Antonio property
Drilling on the San Antonio property in Mexico’s Sonora state has boosted the geological resource to 5.4 million tons grading 0.075 oz. gold per ton.Having drilled 36 holes on the Golfo de Oro deposit…
THE DIAMOND PAGE — Early results from A-418 kimberlite are adding momentum to Kennecott Canada
Drill results from the A-418 kimberlite pipe at the Diavik project in the Lac de Gras area of the Northwest Territories suggest the structure may have comparable potential to the nearby A-154 South pi…
Westmin, Atna size up Wolverine deposit
The Wolverine deposit in the southeastern Yukon is estimated to contain 3 million tonnes grading 12.99% zinc, 1.27% copper and 1.43% lead, as well as 1.87 grams gold and 350.2 grams silver per tonne.P…
Producer Prices (March 11, 1996)
ALUMINUM: MW U.S. market US75.5 cents-76.5 cents per lb. (Feb. 16, 1996).ANTIMONY: MW New York dealer US$1.85-1.95 per lb. (Feb. 23, 1996).BISMUTH: MW New York dealer US$3.95-4.05 per lb. (Feb. 16, 19…
Toronto Stock Exchange (March 11, 1996)
Mar 5Mar 4Mar 1Feb 29Feb 28HighLow 1996Composite 300″4995.944979.864956.554933.724947.235066.793983.34Mts&Minerals5286.385268.725171.995146.355121.735382.203273.56Integrat…
Hoyle Township properties showing further promise
Both Pentland Firth Ventures (TSE) and Black Hawk Mining (TSE) report encouraging results on properties in Hoyle Twp., Ont., just east of Timmins.Pentland is expanding the resource at its former-produ…
THE DIAMOND PAGE — Mapping completed at Orange River
Montreal-listed Menora Resources has confirmed the existence of potentially diamond-bearing gravels at its Orange River Block 14 concession in Namibia.Reconnaissance mapping determined that the gravel…
THE DIAMOND PAGE — Hymex producing
Vancouver-listed Hymex Diamond has reported production figures from its Diani River project in Guinea.In February, the company washed 3,044 cubic metres of gravel, recovering 1,446 stones weighing 727…
Canmex expands its holdings in Mexico
Exploration agreements on ground in Mexico’s Sinaloa state will expand the property position of Canmex Minerals (VSE) in the area of its Limon project.The company holds an option to buy the Muzquiz Co…
EDITORIAL PAGE — Lining up at the trough
Something has gone wrong with the government process currently reviewing a proposal to mine diamonds in the Northwest Territories.The review and public hearings are supposed to focus on the environmen…