News

American Mineral Fields gets Kolwezi decree

Congolese President Joseph Kabila has approved a deal under which American Mineral Fields (AMZ-T) can acquire the Kolwezi copper-cobalt tailings project in Katanga province, Democratic Republic of Congo.


The great leap southward

Canadian mineral exploration companies have historically thought of Latin America as their turf. It was the juniors of Vancouver and Toronto that made many of the discoveries there that are today productive mines.



GFMS to launch survey

Bruce Alway, a precious metals analyst with Gold Fields Mineral Services, will discuss Gold Survey 2004 on April 16 at the Sheraton Centre in Toronto.





Aber acquires interest in jeweler

Following months of negotiations, Aber Diamond (ABZ-T) has agreed on terms with Harry Winston and acquired a 51% controlling interest in the renowned retail diamond jeweler.


An aerial view of Vancouver-based Alamos Gold's Mulatos gold project in Sonora state, Mexico.

Alamos raises $28m for Mulatos

The brokered private placement consists of 10 million units priced at $3 per unit, for $30 million gross and $28.2 million net proceeds. A unit consists of a share plus half a warrant, with a full warrant entitling the holder to buy one Alamos sha…


Zaruma's vice-president, exploration, Richard Viljoen, looks at skarn and breccia mineralization at the San Antonio project in Sonora state with geologists James Poulter and Alfredo Bernasconi.

Old prospect, new ideas for Zaruma

The medieval friar St. Anthony is occasionally invoked for things lost; but another San Antonio, this one about 150 km southeast of Hermosillo, Mexico, might be better appreciated for things found.


Grand Central climbs on gold discovery (April 12, 2004)

Shares of Grand Central Silver Mines (GSLM-O) have doubled, tripled and quadrupled in recent months, following news that the company had found a “Carlin-type” gold deposit adjacent to the Bingham Canyon copper mine in Utah.


Tiomin acquires port land

Tiomin Resources (TIO-T) has acquired a 3-acre parcel of land on the southern side of Mombasa Harbour in order to advance its Kwale titanium-sands project in Kenya.


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