SouthernEra Resources (SUF-T) has completed the first sale of diamonds from its Klipspringer project in South Africa’s Northern Province.The company will receive US$573,662 from the sale of a parcel t…
Junior companies are pulling in their horns and preparing for a quiet summer in the hope that market prospects and gold prices will improve this autumn. While many companies are finding that it is not…
Australian gold miner Newcrest Mining and Ecuadorian Minerals (EMC-T) plan to acquire the Ayapata gold project in southern Peru.For its part, Ecuadorian can pick up the 10-sq.-km property, subject to …
At the San Martin concession in central Honduras, drilling is set to begin testing the Palo Ralo prospect, 2 km west of the newly discovered Sinter hot springs gold deposit.The concession is held 80% …
The author, who was appointed Minister of Natural Resources following the Canadian federal election in June, provided the following article at the request of Keep Mining in Canada, an organization des…
Having signed a formal agreement with government officials, equal partners Samax Gold (SMX-T) and Resolute Samantha of Australia are proceeding with construction of the Golden Pride open-pit gold mine…
Equal partners Pangea Goldfields (PGD-T) and Sundust Resources (SUN-M) have intersected additional mineralization at the Victoria gold project in Peru.Pangea, which is managing the exploration effort,…
Unlike other Western mining companies active in Russia these days, Western Pinnacle Mining (WPN-V) is the only one with its head office and executives based in this city, a situation it sees as a dist…
Metal stocks (in tonnes) held in London Metal Exchange warehouses at July 7/97 (change from previous week in brackets):Aluminium659575(-11275)Copper133350(+5025)Lead117125(+625)Nickel53388(+11…
Jean-Francois Sauvage appointed managing director.
Antonio Zini appointed director of exploration for Brazil.
Michael Townsend appointed director.
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