DIAMONDS — Caledonian seeks licence
Caledonian Pacific Minerals (CDN-V) has applied for exploration licences for 600 sq. km. in the Bingara diamond field of New South Wales, Australia, based on geophysical data compiled by the Departmen…
1999
DIAMONDS — Newcomer picks up Kelsey Lake
London-based Redaurum (rrk-t) has signed an agreement to sell North America’s first diamond mine to McKenzie Bay International (MKBY-O).The company will transfer all the shares of its subsidiary, Diam…
No buyouts at Giant, Pamour
The union locals at the Giant and Pamour gold mines have decided not to pursue employee buyouts of the operations, part of the holdings of failed gold producer Royal Oak Mines.Local 4440 of the United…
DIAMONDS — Buffalo finds calling card
A recent sampling program by Buffalo Diamonds (BUFD-C) has unearthed more diamond indicator minerals at the Calling Lake and Vaarlaam properties, 50 km north of Athabasca, Alta.To date, the junior has…
DIAMOND PAGE — Ashton bullish on Star, Roundrock
Armed with encouraging results from summer sampling, Ashton Mining of Canada (ACA-T) says further work is warranted on its Star and Roundrock properties in the Northwest Territories.The 7,200-ha Star …
DIAMONDS — Partners release results
Partners Major General Resources (MGJ-V) and Ascot Resources (AOT-V) have released diamond recovery results from four holes at the Snowy Owl kimberlite pipe on Victoria Island in British Columbia.Acid…
DIAMONDS — Guyanor and Rio Tinto explore Dachine property
Having signed a joint-venture agreement, Guyanor Ressources (GRL.NB-T) and Rio Tinto (RTP-N) are mobilizing equipment to begin exploration of the Dachine diamond property in French Guiana.The program …
Juniors invited to Minnesota
Minnesota is inviting exploration companies to take another look at the state’s mineral potential.The 1999 Minnesota Exploration Conference will be held Oct. 7 and 8 in Tower. It will focus on prospec…
Placer Dome appoints new president
Jay Taylor will take the reigns as president and chief executive officer of Placer Dome (PDG-T) when John Willson steps down at the company’s next annual meeting.There has been speculation that recent…
HBM&S speeds up 777 schedule
A $360-million program of capital expenditures will see Hudson Bay Mining & Smelting bring its new 777 Deposit, at Flin Flon, Man., into production by 2004, and maintain mine production at Snow Lake.H…
Gabriel upgrades Rosia Montana property
Denver-based Gabriel Resources (GBU-V) says its 65%-held Rosia Montana gold-silver property in northwestern Romania contains the equivalent of 7 million oz. gold and 37 million oz. silver.The revised …
DIAMONDS — Panel asks for statement
Following a review of the mining plan, a public hearing in Brazil concluded that the Rio do Sono alluvial diamond project in Minas Gerais, Brazil, requires a full environmental impact statement.Partne…