THE DIAMOND PAGE — Birdseye no bull’s-eye
A geophysical anomaly at the Birdseye property in central Saskatchewan does not appear to be kimberlite-related.Partners Big I Developments (BID-V) and Golden Kootenay Resources (GKK-A) tested the ano…
News
COMMENTARY — Looking back — and ahead
Gisele Jacob is vice-president of public affairs at the Mining Association of Canada. She has written this article at the request of “Keep Mining in Canada,” a grassroots campaign designed to increase…
World Wide to merge with Kazakstan Goldfields
A proposed merger between World Wide Minerals (WWS-T) and Kazakstan Goldfields (KGFC-C) will create the largest foreign-owned mining company in Kazakstan.The surviving entity, World Wide Minerals, wil…
Gold Funds (December 09, 1996)
Gold Funds as of November 28, 1996BGRCentralNet Value$22.28$6.06Price$17.20…
METAL PRICES — FREE MARKET (December 09, 1996)
London Metal ExchangeMidday bid-ask prices in $US per tonneDateDec. 3Dec. 2Nov. 29Nov. 28Nov. 27…
Cathedral drills on Porcher Island
With grid and geophysical surveying completed, Cathedral Gold (CAT-T) has begun diamond drilling at the Porcher Island gold project near Prince Rupert, B.C.To date, nine holes have been drilled for a …
Soquem forms new joint venture in Quebec
Quebec government-owned Soquem and Capital d’Amerique have formed a joint venture named Sodmex to invest in junior exploration companies and mining producers.Sodmex will acquire Soquem’s portfolio, wh…
Ghana Goldfields suspends drilling
The government of Ghana has suspended drilling at the Flagbase concession of Ghana Goldfields (GHN-V) pending the issue of permits by the ministry of forestry.The 5,000-metre diamond drill program was…
Exploration Brex eyes prospect in Guyana
Exploration Brex (BX.A-M) will acquire a non-alluvial diamond and gold exploration project in northeastern Guyana.The 66-sq.-mile area, at the headwaters of the Mazuruni River, is better known for its…
NEWS IN BRIEF (December 09, 1996)
Edomar Resources (EDMA-C) has changed its name to Kazakstan Goldfields (KGFC-C) on a 1-new-for-2.6-old-share basis.
Correction (December 09, 1996)
VenCan Gold’s (VCG-M) stake in the Opoteca concession in Honduras is 90%.Incorrect information appeared in our Dec. 2 issue.
Petro and Dakota to drill Big Sandy
Partners Dakota Resources (DAK-A) and Petro Plus (PPV.A-A) will begin drilling the Big Sandy diamond claims in central Saskatchewan.By spending $500,000 over three years, Dakota can earn a half intere…