Miner with rough chance of making a sparkling discovery

Article Abstract:

Kimberly Resources believe they are close to finding the source of the diamonds they have discovered in ancient alluvial beds in Kimberly, Western Australia. A subsidiary of De Beers investigated the areas in the early 1990s, but relinquished the areas in 1992. Diamonds can travel far from their source without deteriorating, so their discovery in alluvials may not lead to their source.

Australia, Investments, Diamond industry

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Miner gets a grip on metal of the future

Article Abstract:

Pima Mining in 1998 is focusing its activities towards the production of magnesium. Magnesium is becoming the metal of choice for auto manufacturers along with a cheap power source to extract it from its ore. It is 1.5 times lighter than aluminium and five times lighter than steel. Currently, only about 420,000 tons are produced, but it is likely to increase.

Product development, Magnesium, Magnesium (Metal), Pima Mining

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Mine of information: dig that data, miner strikes new revenue source in cities

Article Abstract:

Golden Hills Mining shareholders will vote on Oct 27, 1998 about the acquisition of Davnet. Davnet equips city buildings to receive internet at half the cost and twice the speed of other such services. Davnet has outfitted the Rialto Building in Melbourne successfully. The details of the deal are outlined.

Management, Mergers, acquisitions and divestments, Internet service providers, Davnet, Golden Hills Mining

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