1997

DIAMOND PAGE — Spider targets near Wawa

Partners Spider Resources (SPQ-A) and KWG Resources (KWG-T) report that 231 diamonds were recovered from eight separate outcrops at their Wawa diamond project in Ontario.Of this total, 37 stones were …




PRODUCER AND DEALER PRICES (November 17, 1997)

Aluminium: LME settlements US$1,614, alloy US$1,485 per tonne (Nov. 11/97).Antimony: Recent physical trades US$1,830-1,850 per tonne (Nov. 11/97).Bismuth: Composite free market US$3.40 per lb. (Nov. 1…


Banro extends depth of Twangiza

Banro Resource (BNRS-C) has cut a 313-metre intersection of gold mineralization at its Twangiza project in the Democratic Republic of Congo.Highlights from the first hole reported include the followin…




Cyprus gives go-ahead for Cerro Negro

Cyprus Amax Minerals (CYM-N) will proceed with the development of the Cerro Negro copper project, adjacent to its Cerro Verde copper mine in southern Peru.The projected cost of developing Cerro Negro,…


Bolivar takes on Monarch in legal fight

Bolivar Goldfields (BVG-T) has filed a notice of action in an Ontario court against Monarch Resources (MRE-T) in an attempt to hold the latter to its agreement to sell its Venezuelan assets.Among thos…


South Pacific forms JV with Teck, MM

Teck (TEK-T) and Australian-based MM Gold, a subsidiary of Meekathara Minerals, will join forces with South Pacific Resources (SHF-A) to explore two gold projects in Kalimantan, Indonesia.South Pacifi…


Ivanhoe wins bid for Chambishi mine

Privately owned Ivanhoe Capital has been awarded a contract to reopen the Chambishi copper mine in Zambia.The company will become the joint-venture partner of Zambia Consolidated Copper Mines (ZCCM), …



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