Diamonds from Angola are reputed to be among the most beautiful and valuable in the world. The African nation is the fourth-largest producer of diamonds and ranks second in terms of value per carat, f…
An attempt by Great Central Mines (GTCMY-Q) to shore up holdings in the Yandal and Wiluna mineral belts of Western Australia is faltering as the closing date for the proposed transaction approaches.In…
Terry Tucker appointed president and CEO.
Catherine McLeod-Seltzer and James Stewart elected directors.
Newmont Gold (NGC-N) and La Teko Resources (LAO-V) have intersected gold mineralization in a new zone discovered at the True North deposit, near Fairbanks, Alaska.The structure, known as the Merlyn zo…
Exploration licences for gold properties in the Magadan region of northeastern Russia have been granted to nine companies, including Broken Hill Proprietary of Australia and Omolon Gold.BHP acquired t…
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
A work program by Sahelian Goldfields (SHGI-C) is adding to the resource potential of the Poura mine, a past producer of more than 600,000 oz. gold in Burkina Faso, West Africa.The company says recent…
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
A drill program by Echo Bay Mines (ECO-T) will test the Jessup gold property in Nevada’s Churchill Cty.The major recently started its third round of drilling at the property, which is held by Americom…
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