Anglo forms top gold company
For decades, South Africa-based mining house Anglo American has been a huge, complex organization in which dozens of mines were held by dozens of publicly traded operating companies. This is no more.P…
For decades, South Africa-based mining house Anglo American has been a huge, complex organization in which dozens of mines were held by dozens of publicly traded operating companies. This is no more.P…
The Colorado-based Society of Economic Geologists (SEG) has announced that research grants totalling US$40,000 will be available to students in 1998.The grants will be made available, under three sepa…
Preliminary drilling at the Eagle Mountain project in central Guyana, 80 km west of the Omai gold mine, is returning significant gold grades for Golden Star Resources (GSR-X).Drilling at the Kilroy zo…
The discovery of diamond-bearing kimberlites in north-central Alberta by Ashton Mining of Canada (ACA-T) has spawned a province-wide area play.Since it began drilling geophysical targets in January on…
Steelpoort, South Africa — Emerging with a victory after years of legal wrangling with South African giant Anglo American, junior Platexco (PGMI-C) has begun an exploration campaign on the Winnaarsho…
Aluminium: LME settlements US$1,581.50, alloy US$1,447 per tonne (Nov.25/97).Antimony: Representative mid-market US$1,675 per tonne (Nov. 25/97).Bismuth: Representative mid-market US$3.35 per lb. (Nov…
San Manuel, Ariz. — AMT International Mining (AAI-T) has fulfilled its obligation to earn a half interest in the Copper Creek project of Broken Hill Proprietary (BHP-N) and is waiting for the Austral…
Auckland, New Zealand — Exploration and mining are welcome in New Zealand as long as companies are prepared to meet high environmental standards and be good corporate citizens, government officials t…
Northern Quebec is certainly no stranger to mineral exploration, but, unlike many companies active there, Virginia Gold Mines (VIA-M) has chosen to focus on previously unworked territory.The junior ho…
International Precious Metals (IPMC-C) has announced that a study by consulting firm Bateman Engineering has “confirmed the presence of gold and platinum” on the company’s Black Rock property in weste…
Low gold prices are forcing Royal Oak Mines (RYO-T)to trim production costs and lay off workers.The strategy is designed to ensure the company has sufficient cash on hand to complete construction of t…
Junior Fremont Gold (FGLD-Q) has signed a letter-of-intent to acquire the 80,000-ha Dania gold property in the Maricunga district of northern Chile.The property, currently owned by Chilean-based Dania…
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