Samax, Semafo team up in Ghana
London-based Samax Gold (SMX-T) will team up with Montreal-based Semafo (SMF-T) to develop the latter’s Ebi-Teleku Bokazo gold property in southwestern Ghana.An agreement-in-principal would see Samax …
Articles by Northern Miner Staff
Quebec passes Law 182
Bringing to a close two years of review and consultation regarding the provincial mining act, the Quebec national assembly has passed legislation that simplifies the process of acquiring mining rights…
Kazakstan sending mixed signals to mining sector
The Kazakstani government has drafted a bill aimed at simplifying regulations for gold miners, but has scrapped value-added tax (VAT) exemptions for foreign companies operating there.The proposed legi…
MINING MARKETS & INVESTMENT NEWS – EASTERN MARKETS — Golds gain ground in quiet market
The Toronto Stock Exchange 300 index gained 45.21 points during the July 2-7 report period to finish at 7,454.60. While the metals and minerals sub-index fell 1.2% to 3,534.02, the gold and precious m…
SPOT PRICES (July 13, 1998)
Wednesday July 8, 1998Price (US)Week’s ChangeGold*$294.35- $1.40Silver*$ 5.33…
Three killed in copter crash
Three people, including High River Gold Mines director Colin Chapman, were killed July 1 when a helicopter caught fire and crashed in southern Siberia.The other 13 passengers were injured, including H…
OBITUARY — Colin Chapman
High River Gold Mines director Colin Chapman has died. He was 55.Chapman was born in Birmingham, England. He earned a B.Sc. in mineral processing from the Royal School of Mines in London in 1965, havi…
GREATEST VALUE TRADED (July 13, 1998)
ExchgVal($000s)HighLowCloseChangeInco LtdT60192…
MINING MARKETS & INVESTMENT NEWS – QUERY — A thriftier Cypango still chasing kimberlites in NWT
I am seeking information on a Northwest Territories diamond exploration company called Cypango Ventures. The company holds a large land position neighboring Dia Met Minerals’ diamond discovery. I am f…
ASIA — Java takes bath in Mongolia
Production at the Gazar placer operation of Java Gold (JVAG-C) in Mongolia got off to a rocky start in 1997, with just 457 oz. gold being produced from the start of operations in June to the end of th…
Avalon continues to reel in Big Whopper
With the benefits of newly exposed outcrop and a clearer geological understanding, Avalon Ventures (AVL-V) is preparing to carry out a bulk-sampling program and a third phase of drilling at its Separa…
Greystar makes progress at Angostura
High in the majestic Andes of northern Colombia, Greystar Resources (GSL-T) is preparing to launch an independent prefeasibility study on an epithermal gold-silver deposit considered amenable to open-…