News

Rex Diamond (RXD-T) has confirmed that its kimberlites at Tongo Fields in Sierra Leone rank highly among world diamond deposits.The company states the diamonds have an average value of US$175 per cara…

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.6/97 (change from previous week in brackets):Aluminium957,375(+6,100)Copper134,700(+9,350)Lead118,400(-200)Nickel49,116…

Limited follow-up drilling at the Black Pine cobalt-copper-gold project in Idaho has returned encouraging results for Formation Capital (FCO-T).To test previously discovered exhalative, stratabound mi…

A 10-hole program of diamond drilling is enabling Sonoma Resource (SNA-V) to test the Cerro Toro project in Argentina.Believing a copper-gold porphyry system exists at depth, the junior is focusing it…

An aeromagnetic and radiometric survey by Caldera Resources (CDR-M) has outlined 22 possible kimberlite structures at the Edward Creek property in the Lake Eyre region of South Australia.Caldera, whic…

1996Jan 7Jan 6Jan 3Jan 2Dec 31Dec 30HighLow…

Sister companies Chase Resource (CQS-T) and Delta Gold Mining (DTG-V) have agreed to amalgamate into a new entity, which will retain the former’s name.The move will consolidate the partners’ interests…

The research for my proposal “A Gold-Backed North American Dollar’ has now reached the point where outside help is required.With this proposal, I am working to improve the idea that the government can…

A reserve of working capital, combined with a solid past performance, suggests that Aurizon Mines (ARZ-T) can look forward to a good year, according to analyst Donald Poirier of McDermid St. Lawrence …

ExchgValue($000s)HighLowCloseChangeBarrick GoldT1…

ALUMINIUM: LME settlements US$1,524 per tonne, alloy $1,420 per tonne (Jan. 7/97).ANTIMONY: Composite free market, US$2,065 per tonne (Jan. 7/97).BISMUTH: Composite free market US$3.25 per lb. (Jan. 7…

ExchgVol(000s)HighLowCloseChangeBlack Swan GdT321…