News

Azimut Exploration options Kenyan gold properties

Montreal-based Azimut Exploration (AZM-M) is optioning two gold properties in Kenya from LaSource Development, a subsidiary of Australian major Normandy Mining (NDY-T).To acquire a half-interest in th…



New minerals legislation in sight for South Africa

Since the African National Congress (ANC) came to power more than five years ago, South Africa’s mining industry has been nervous about proposed changes to the country’s mineral policy, including a ma…


Prairie

Toronto-based junior McVicar Minerals (MVR-V) and Broken Hill Proprietary (BHP-N) will jointly explore for nickel and platinum-group-element deposits in North America, particularly in the Lake Superio…


Resource base soars at Sigma mine

A re-thinking of the style of mineralization at McWatters Mining’s (MCW-T) Sigma-Lamaque open-pit gold operations in Val d’Or, Que., has resulted in a swelling of the resource base to at least 1.8 mil…


Miners optimistic at dawn of 1950

The first months of 1950 were ones of optimism. Production and dividends from Canadian mines were up, as was exploration diamond drilling. Claim-staking in Ontario, Quebec and the Northwest Territorie…


Gov’t needs guidance from miners

The Canadian mining and exploration industry has taken a beating these past four years, as development and exploration programs are sparse for juniors, the lifeline of mineral development. Some form o…


CDNX posts record trading volumes, sets new high

The Canadian Venture Exchange finished the week ended Feb. 1 by gaining 132.09 points, or 4.74%, to close at an all-time high of 2,917.91. The small-cap exchange is up 24% on record trading volumes so…


EVENTS (February 07, 2000)

Feb. 8-10 Int’l Investment Conferences — “Investing in Africa Mining Conference — Indaba 2000.” Cape Sun Intercontinental Hotel, Cape Town, South Africa. Tel: (305) 669 1963. Fax: (305) 669 7350.Feb…


Regulators probe Bull River

Geologists from the British Columbia Geological Survey have cast doubt on the veracity of impressive gold grades reported by the two private companies developing the Bull River underground mine near C…


Vaaldiam eyes SouthernEra properties

Vaaldiam Resources (VRL-V) has optioned three South African diamond projects from SouthernEra Resources (SUF-T).The Toronto-based junior can earn 70% interests in the Makoppa, Mooikloof and Prieska pr…



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