COMMENTARY -‘I had a mine in Africa…’
.BJohn ThompsonFor those seeking new challenges beyond the normal logistics of mining in remote regions, sub-Saharan Africa may be the place to go. The bounty of Africa’s mineral wealth is undisputed,…
News
PEOPLE — TOTEM MINING (January 26, 1998)
Robert Woodfill and Joseph Montgomery appointed directors.
AFRICA — Golden Knight sees bright future for projects in West Africa — Development at Tarkwa nearly complete
Although its work in the Night Hawk Lake area of Ontario has attracted more attention of late, Golden Knight Resources (GKR-T) holds an impressive portfolio of gold properties in far-off Burkina Faso …
AFRICA — NAR, Falco explore VMS targets in Zimbabwe
Since the summer, Toronto-based NAR Resources (NRL-M) has been funding a polymetallic exploration program operated by Falconbridge (FL-T) in the Archean greenstone belts of Zimbabwe.The program has be…
AFRICA — Southern Africa Minerals on diamond trail
Recent sampling by Southern Africa Minerals (SAF-T) points to the existence of a new kimberlite field on its Mosomane properties, in southeastern Botswana.The Mosomane licences straddle a northeast-tr…
AFRICA — Soil geochemistry spearheads Robex gold search — Surveys in Mali show potential for Sadiola-style mineralization
Much as pioneering mineral exploration in northern Canada relied on the maps drafted by government surveys, the efforts of development agencies to provide a geological data base for West Africa have b…
AFRICA — NEWS ROUNDUP — JCI completing chrome mine
South African mining house Johannesburg Consolidated Investment (JCI) is constructing a new underground chrome mine at its existing operations at Thorncliffe, near Lydenburg, South Africa.Development …
AFRICA — Champion Resources ready to drill phosphate deposit in Guinea Bissau
Champion Resources (CHL-V) has completed a private placement financing of 1.7 million units at a price of 65cents each, for total proceeds of $1.1 million.Each unit consists of one common share and a …
AFRICA — First Quantum set to produce copper at Zambian mine — Reunion, First Quantum bring Ashanti to Botswanan project
Vancouver-based junior First Quantum Minerals (FM-V) soon will have two operating mines in Africa.First Quantum’s primary project in Africa is the Bwana Mkubwa copper mine, situated within a 5,615-ha …
De Beers opens Canadian office — Launches attempt to market Canadian diamonds
The world’s leading marketer of diamonds, De Beers Consolidated Mines (DBRS-N), is strengthening its presence in Canada by opening an office in Vancouver, an emerging diamond mining centre.Under the m…
Ymir reunion set for summer
Residents, past and present, of Ymir, in south eastern British Columbia, are invited to a town reunion scheduled for Aug. 1-2.Situated south of Nelson, the town was founded in 1897 and named after Ymi…
SPOT PRICES (January 26, 1998)
Wednesday, January 21, 1998Price (US)Week’s ChangeGold*$291.90+ $6.00Silver*$ 5.80…