Etruscan deals Tiawa option to Placer Dome
An agreement between Etruscan Enterprises (ETT-V) and the African subsidiary of Placer Dome (PDG-T) has given that company an option for a 51% interest in the Samira gold deposit in Niger.The deal cov…
1996
THE DIAMOND PAGE — AK partners seek further valuations of diamonds from 5034 kimberlite
Diamonds recovered from the 5034 kimberlite at the AK property in the Northwest Territories will be sent to Belgium for further evaluation.The AK-CJ properties are 130 km south of the Lac de Gras regi…
Dakota finds more gold in South Dakota
A drilling program by Dakota Mining (DAK-T) is expanding the Anchor Hill gold deposit at the Gilt Edge property in South Dakota.The company says the program also led to the discovery of significant mi…
Teck acquires JV in Chile
Vancouver-based Teck (TEK-T) has acquired a 60% interest in the Lobo and Marte gold properties in Chile’s Maricunga district.The agreement is between Teck, which is acting through wholly owned subsidi…
Stroud gets set to go underground at Hislop
Junior Stroud Resources (SDR-T) is seeking funds to develop its Hislop gold project near Matheson, Ont., while, at the same time, putting the finishing touches on a joint venture in Indonesia.The juni…
PRODUCER PRICES (December 23, 1996)
ALUMINIUM: LME settlements US$1,489 per tonne, alloy $1,349 per tonne (Dec.17/96).ANTIMONY: Composite free market, US$2,075 per tonne (Dec. 16/96).BISMUTH: Composite free market US$3.20 per lb. (Dec. …
Laramide bids to take over Aquiline
With an eye on two promising Mexican properties, Laramide Resources (LAM-T) has launched a $5.3-million takeover bid for all outstanding shares of Aquiline Resources (AQI-V).Laramide already holds a 3…
Laminco and Placer Dome form joint venture in Mexico
A joint venture has been formed allowing the Mexican subsidiary of Placer Dome (PDG-T) to buy a majority interest in a portion of the San Antonio project, held by Laminco Resources (LMR-T).Empresa Min…
More gold for Anthian in Bolivia
Vancouver-based Anthian Resource (ANR-V) has confirmed gold mineralization at the Liphichi property in Bolivia.Hole PG-4, one of four diamond drill holes for which results have been received, returned…
Bre-X and Barrick submit proposal
Bre-X Minerals (BXM-T) and Barrick Gold (ABX-T) have presented to the Indonesian government a deal that may allow for the development of the Busang gold deposit.The companies submitted a joint proposa…
Manhattan looks to outline tonnage at Candamena
A recent drilling program carried out by Manhattan Minerals (MAN-T) is outlining a bulk-tonnage, gold-silver deposit at the Candamena property in Chihuahua state, Mexico.The Candamena property is 25 k…
Teck, Western Copper hit more mineralization at Salvador property in Mexico
Air-track drilling at the 225-sq.-km Salvador property in north-central Mexico has outlined another zone of surface oxide mineralization for partners Teck (TEK-T) and Western Copper Holdings (WTC-T).T…