DIAMOND PAGE — SouthernEra orders DMS plant
SouthernEra Resources (SUF-T) has placed an order for a modular dense media separation (DMS) plant, which will be commissioned early next year at its Klipspringer diamond project in South Africa.The p…
News
Franciso expands El Sauzal
Vancouver-based Francisco Gold (FGX-V) has released results from the final holes of a third phase of drilling at El Sauzal, an epithermal gold project in Mexico’s Chihuahua state.Southeast of the West…
PRODUCER PRICES (September 08, 1997)
Aluminium: LME settlements US$1,591 per tonne, alloy $1,425 per tonne (Sept. 2/97).Antimony: Composite free market, US$1,880 per tonne (Sept. 2/97).Bismuth: Composite free market US$3.50 per lb. (Sept…
White, Thomas hit with injunction and charges
The British Columbia Securities Commission (BCSC) has extended temporary injunctions barring each of two directors of Redell Mining (RDC-V) from holding office as a director or officer of a public com…
DIAMOND PAGE — Redaurum settles Kelsey Lake dispute
A property ownership dispute between Redaurum (RRK-T) and a railway company has been settled.The agreement-in-principle is intended to settle the claim made by Union Pacific relating to ownership of m…
BOOK REVIEW — Atlas offers aid for young core logger
.BReviewed By James WhyteAtlas of AlterationBy Anne Thompson and John Thompson, editors$55Special Publication No. 6 of the Mineral Deposits Division,Geological Association of CanadaIt is a time-honore…
STOCK MARKETS — A short week and a slow one on Bay Street — Golds and base metals show signs of weakness in a quiet market
The Toronto Stock Exchange traded in a narrow range over the report period Aug. 27-Sept. 2, with its bellwether index finishing not far from where it started. The TSE 300 composite index closed Sept. …
DIAMOND PAGE — Pure Gold, Cayo plan merger
Two substantial landholders in the Alberta diamond play, Pure Gold Resources (PUG-T) and Cayo Resources (CAYO-C), have agreed to pool their interests.The proposed merger calls for Pure Gold shareholde…
TSE INDICES (September 08, 1997)
1997Sept 2Sept 1Aug 29Aug 28Aug 27HighLowComposit…
Drilling tests for nickel in Yukon
A 20-hole drill program comprising 2,500 ft. will test a deposit of nickel mineralization for potential minable thicknesses at the Taiga project, 95 km northeast of Dawson City, Y.T.The project consis…
Kinross Gold takes writedown — US$24-m charge wipes out operating profit
An after-shock from the Macassa rock burst in April has registered on the books at Kinross Gold (K-T).Although production has resumed on the upper levels of the mine, situated east of Kirkland Lake, O…
Niocan updates niobium resource
Based on drilling completed this spring, Montreal-based Niocan (NIO-M) has released new resource estimates for its niobium deposit near Oka, Que.The consortium known as MET-CHEM-Pellemon, which is com…