De Beers Consolidated Mines (DBRS-Q) has given the green light to a $14-million bulk-sampling program on the AK diamond property in the Northwest Territories.Monopros, the exploration arm of De Beers,…
A 3-day mining conference held recently in Burkina Faso provided ample proof that interest in the West African nation’s mineral potential is on the rise.Titled “Promin 98,” the event attracted 500 att…
The newly discovered Contwoyto-1 kimberlite in the Greater Jericho area of the Northwest Territories has yielded encouraging diamond counts for partners Lytton Minerals (LTL-T) and New Indigo Resource…
Magnesium, one of the lightest and most commonly used structural metals, is fast becoming a popular choice for manufacturing in the automobile industry. It soon may be even more popular than steel.Mag…
Argentina is an exploration hot spot, with a growing number of companies searching for gold and copper-gold mineralization, as well as less traditional types of deposits.Among the more established com…
102.23 (-6.97)(Sept. 30/98 = 100)…
Wednesday December 2, 1998Price (US)Week’s ChangeGold*$293.90-$2.30Silver*$ 4.88…
Aluminium: LME settlements US$1,300, alloy US$1,080 per tonne (Dec. 1/98).Antimony: Representative mid-market US$1,295 per tonne (Dec. 1/98).Bismuth: Representative mid-market US$3.20 per lb. (Dec. 1/…
It once held one of Kalimantan’s largest land positions, most of which was acquired during the height of the Busang-fueled gold exploration boom. But that boom has gone bust, prompting International P…
Insider trading transactions recently reported in the OSC Bulletin, published by the Ontario Securities Commission, include the following:Diadem Resources (DIR-M) — Michael Bird, officer, was granted…
One serious problem in the use of geostatistics to estimate reserves and not mentioned in the correspondence you have published on this topic arises when there is a mistake in the computer program.In …
New York, N.Y.-based Asarco (AR-N), which lost more than US$15 million in the third quarter, says it will take a US$45-million charge in the fourth quarter.The charge is intended to cover the costs as…
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