Naxos assays come under scrutiny
The Alberta Stock Exchange has requested that Naxos Resources (NXR-A) conduct an independent audit of the drilling, sampling and assaying procedures performed at the company’s Franklin Lake properties…
1996
OBITUARY — Douglas Bent
Douglas Bent, a prominent mining engineer in Timmins, Ont., and other North American camps, has died. He was 83.Mr. Bent graduated from the Dalhousie University School of Civil Engineering in 1935 bef…
BHP Minerals, Dia Met advance NWT Diamonds
An environmental assessment review panel is expected to submit its final report on the NWT Diamonds project to the federal government for its approval.The project, situated near Lac de Gras in the Nor…
THE DIAMOND PAGE — Diamonds recovered at Fort la Corne
Diamonds were recovered in selected samples from four of the first eight holes drilled this past winter at the Fort la Corne project in Saskatchewan..YThe project is a joint venture among Kensington R…
INVESTMENT COMMENTARY — Denison appears ready to bounce back
With its capital restructuring complete and uranium prices showing strength, Denison Mines (DEN-T) has the opportunity to reclaim a place among profitable producers of yellow cake.An analysis by Graem…
PEOPLE — JOPEC RES. (June 10, 1996)
James Farley appointed president, chief operating officer and director; Stewart Jackson, Richard Getty and Jack Overdorff appointed directors.
PEOPLE — FIRST QUANTUM VENTURES
Clive Newall appointed director.
Vancouver, Lima exchanges ink deal
The Vancouver and Lima stock exchanges have signed an agreement to increase investment and business opportunities for companies operating in Peru.The agreement calls for sharing of information, includ…
Hecla, Santa Fe to develop Rosebud deposit
Two American majors plan jointly to develop Rosebud, a high-grade, underground gold deposit 50 miles west of Winnemucca, Nev.Hecla Mining (HL-N) and Santa Fe Pacific Gold (GLD-N) will form a 50-50 joi…
THE DIAMOND PAGE — Nora Exploration acquires ground in Ghana
Already a force in gold and diamond exploration in Ghana, Nora Exploration (NXI-M) has acquired the 28-sq.-km Pramkese concession there.The property is immediately south of Nora’s Kade concession, alo…
Drilling turns up copper, gold
Drilling at the Samarskoye project, 40 miles north of Karaganda in central Kazakhstan, continues to deliver copper-gold values for Kazakhstan Minerals (KMC-T).Five rigs are drilling off a large porphy…
South Atlantic submits proposals for African copper-cobalt projects
South Atlantic Diamonds (SCQ-V) is expanding beyond its portfolio of Brazilian diamond assets by acquiring several copper-cobalt projects in south-central Africa.The junior has submitted applications …