1996


THE DIAMOND PAGE — Kensington backs out of deal

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…




Drilling probes Blackdome mine

A minimum 5,000-ft. diamond drilling program is under way at the Blackdome gold mine in southwestern British Columbia.Petro Plus (PPV-A) can earn a half interest in the former underground producer fro…



STOCK MARKETS — Toronto market waits it out

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…



PRODUCER PRICES (July 01, 1996)

ALUMINIUM: LME settlement US$1,478 per tonne (June 25, 1996).ANTIMONY: Composite free market, US$2,925 per tonne (June 24, 1996).BISMUTH: Composite free market US$3.56 per lb. (June 14, 1996).CADMIUM:…



Eldorado options Miranda ground

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 …


Pursuit expands in Indonesia

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…


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