One of the first North American-based companies to take an interest in Kenya’s gold potential is Serengeti Diamonds (VSE), a Toronto-based junior best known for its diamond exploration projects in Tan…
The Chambishi copper mine and associated assets are being offered for sale by Zambia’s state-owned copper miner ZCCM. According to Platt’s Metals Week, tender advertisements will soon invite bidders t…
Gold output at the Zimbabwean operations of Kinross Gold (TSE) is poised to increase, as a new tailings retreatment plant nears completion at the Blanket mine and underground exploration at the Golden…
The following are excerpts from a paper co-authored and presented by A.H. Mumin at a recent seminar on the geology and mineral deposits of the West African Shield. The seminar was sponsored by the Uni…
The chairman of Mutual Resources (VSE) says “Ghana was a sleeper.” Tony Frizelle believes the West African nation, thanks to events triggered elsewhere in Africa and South America, is set this decade …
Gold mineralization continues to be intersected at Rio Narcea Gold Mines’ (TSE) El Valle and Boinas projects in northern Spain. A fourth phase of stepout drilling on Boinas intersected a new zone of m…
A wholly owned subsidiary of William Resources (TSE), Bharti-Lammanen, has signed a share purchase agreement allowing the company to buy a 40% interest in BLM Minera Mexican from Minorca Resources (VS…
Management of Mincor Resources of Rouyn-Noranda, Que., is hoping this year to boost the annual rate of production at its Monarch gold mine in Mozambique to 25,000 oz. The company, created recently thr…
An agreement-in-principal calls for the restructuring of an outstanding loan of $1.9 million owed by a wholly owned subsidiary of Nova Gold Resources (TSE). The loan was incurred by Murray Brook Resou…
Junior Sterling Pacific Resources (VSE) is drill-testing four anomalies on its newly acquired Monarch-Zim gold properties near Reno, Nev. Besides the 10-hole program of 2,500 ft. now under way, Sterli…
More than 20 African countries are expected to take part in the African Mining Investment symposium to take place May 24-26 in Toronto. Organized by the Multilateral Investment Guarantee Agency of the…
The increased interest in Africa’s mineral potential has prompted the government of Gabon to consider updating the mining legislation which it had adopted after independence in 1960. Situated on the w…
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