1996

In the Chivu district of central Zimbabwe, Toronto-listed Redaurum (RRK-T) has discovered an ultramafic body containing kimberlitic minerals.The minerals were identified by electron microprobe after s…

Sales of rough diamonds by De Beers’ Central Selling Organization reached US$2,748 million during the first six months of this year — 8.2% more than in the same period last year.Sales in the first ha…

A fissure system of closely related kimberlite dykes and dykelets was intersected over narrow widths by two drill holes at the Roundrock property in the Snare Lake region of the Northwest Territories….

Western markets put in a weak performance over the report period ended June 25.The Vancouver Stock Exchange composite index dropped 20.6 points to 1,253.04, while the resource index reversed its slide…

Following a due diligence review, Kensington Resources (KRT-V) has elected not to proceed with the acquisition of the South African Loxton Dal and Frank Smith diamond mines from a wholly owned subsidi…

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1996June 25June 24June 21June 20June 19HighLowCom…

Wednesday, June 26, 1996Week’sPrice (US)ChangeGold*$384…

The Toronto Stock Exchange finished a sleepy week virtually unchanged, as traders waited on a possible interest rate cut. The TSE 300 composite index rose 0.1% or 8.9 points to close at 5,069.55 on Ju…

The Ontario Securities Commission reported insider trading by directors of Asia Pacific Resources (APQ-T) during March and April.According to the Commission’s weekly OSC Bulletin, President G.D. Wrigh…

The wholly owned Mexican subsidiary of Eldorado (ELD-T) has signed an option agreement with Miranda Industries (MAD-V) on that company’s La Rastra project in Sinaloa state, Mexico.Eldorado can earn a …

A recent land acquisition program has made International Pursuit (IPJ-T) one of the largest landholders in Indonesia.Pursuit has acquired 3.2 million hectares of exploration land in 14 separate contra…