Cumberland hits more gold at Meadowbank
Drilling at the recently discovered Bay zone at the Meadowbank property of Cumberland Resources (CBD-T) near Baker Lake, N.W.T., has recovered additional high-grade gold values.A first-phase drill pro…
News
DIAMOND PAGE — NWT Diamonds partners find 23 new kimberlites
Exploration drilling at the NWT Diamonds project in the Northwest Territories has uncovered 23 new kimberlite bodies, raising to 100 the number identified to date.Sixteen of the new discoveries lie wi…
GREATEST VALUE TRADED (September 08, 1997)
ExchgVol(000s)HighLowCloseChangeInco LtdT119539…
EDITORIAL — Business, labor have bridges to build — Forging alliances
Glen Clark, premier of British Columbia, has realized something that completely escaped his predecessor, Michael Harcourt — namely that labor and business can work together to fight policies that wil…
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…
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…