HRC and Inmet file bid on Ethiopian play
A gold operation in southern Ethiopia is attracting the interest of Inmet Mining (TSE) and HRC Development (VSE).The former hopes to acquire the Legadembi gold mine from the Ethiopian government and i…
News
SOUTHEAST ASIA SPECIAL — Diadem, partners explore gold projects
Drills are turning on the Belitung Island lead-zinc-tin property of Diadem Resources (ME).Bre-X Minerals (TSE) geologist John Felderhof recently accompanied Michael Bird, his Diadem counterpart, to th…
Index (May 27, 1996)
REGULAR DEPARTMENTSCareersClassified AdvertisingDiamond NewsDiamond DrillersDividendEditorialsLetter to the EditorMetal PricesMetals CommentaryOdds ‘n’ SodsPeopleProfessional DirectoryStock MarketsSub…
RJK picks up ground in Brazil
Junior RJK Explorations (ASE) has agreed to acquire a gold concession along the Gurupi trend in Brazil in exchange for US$450,000 cash.Gold mineralization within the 10,000-hectare concession appears …
TVX, Battle Mountain join up in Brazil
Two Toronto-listed companies — Battle Mountain Gold and TVX Gold — have formed a joint venture to develop the latter’s Volta Grande gold property in Brazil’s Para state.The property consists of 15,1…
SouthernEra and RTZ team up
RTZ Mining & Exploration can earn a 51% interest in SouthernEra Resources’ (TSE) diamond exploration properties in Uruguay by spending $2 million over four years.The properties host kimberlite diatrem…
STOCK MARKETS — Metals miss out on TSE’s rise
The Toronto Stock Exchange was up a modest 31.66 points over the report period ended May 21, closing at a record 5,238.25. The manufacturing, oil and gas, and financial services sectors drove the adva…
SOUTHEAST ASIA SPECIAL — BHP, Stellar work Philippine nickel project
While due diligence work continues on its Palawan nickel property in the Philippines, Stellar Gold (VSE) is proceeding with a prefeasibility study for the export of saprolite nickel ore.BHP Minerals i…
De Beers renews sales contract with Russian diamond producers
Following more than a year of difficult negotiations, De Beers Consolidated Mines and Russia have signed a contract for sales of Russia’s rough gem diamonds.The deal renews a 35-year relationship betw…
Caldera earns into Aussie diamond play
A subsidiary of Caldera Resources (ASE) has formed a joint venture with an Australian junior to examine a diamond property in South Australia.Subject to regulatory approval, Caldera Resources NL can e…
Rupert and Glencairn shed 40% of Crocodile Tears
Partners Rupert Resources (VSE) and Glencairn Explorations (ASE) are vending a 40% interest in their Crocodile Tears property in northern Quebec to First Western Minerals (VSE).First Western can earn …
SOUTHEAST ASIA SPECIAL — Teck teams with Aussie partner
In Indonesia, six new contracts of work (CoWs) totalling 11,405 sq. km.have been awarded to Teck (TSE) and its Australian partner, Meekatharra Minerals.The companies hold a 90% interest in five of the…