Amax reports record output
With three new mines in operation, quarterly gold production for Amax Gold (AU-N) has reached record levels.The three mines — Fort Knox in Alaska, Kubaka in eastern Russia and Refugio in Chile — con…
News
Geomaque expands Honduran deposit
Geomaque Explorations (GEO-T) has extended the San Juan zone as a result of drilling carried out on the Vueltas del Rio gold project in northwestern Honduras.Drilling began in February in the eastern …
Gitennes extends Rio Suro
Stepout drilling by Gitennes Exploration (GIT-A) has extended the Rio Suro zone on the Virgen gold property in north-Central Peru.Three reverse-Circulation (RC) holes, drilled south of the zone’s prev…
Conference focuses on reclamation
A symposium entitled “Reclamation in the Rockies” will be held Sept. 22-25 at the Inn of the South in Cranbrook, B.C.The event is being co-sponsored by the Canadian Land Reclamation Association and th…
Mining a boon to Colorado’s coffers
Mining contributed, both directly and indirectly, a total of US$7.6 billion to Colorado’s economy in 1995, according to a recent study.In a report entitled Everything Begins with Mining — Mining and …
DIAMOND PAGE — River Ranch gets financing
A new financing will enable the operators of the River Ranch diamond mine in Zimbabwe to repay some debt.The joint-Venture company, owned equally by Toronto-based Redaurum (RRK-T) and Auridiam Consoli…
DIAMOND PAGE — Buyers pay top dollar for United Reef gems — CAR diamond project expansion continues
Toronto-based diamond producer United Reef (URP-T) has sold 1,440.5 carats of diamonds from its Mbala mine in the Central African Republic (C.A.R.) for just under US$300,000.The average selling price …
DIAMOND PAGE — Serengeti Diamonds picks targets from data
Geophysical consultants for Serengeti Diamonds (SGD-V) have reprocessed data gleaned from airborne geophysical surveys flown over Tanzania by the South African firm Geosurvey between 1979 and 1981.Ser…
Brigadier explores in Hearst Twp.
An old prospect on a splay of northeastern Ontario’s Larder Lake Break will be stripped and sampled by newly listed Brigadier Gold (BRIG-C).The Benson Creek property is on Highway 624, just southwest …
Ashanti doubles resource in Tanzania
African miner Ashanti Goldfields (ASL-N) has released a new resource figure for the Geita gold project in Tanzania.Based on recent drilling along the 4.5-km trend of mineralization, the resource at Ge…
OBITUARY — Colin Macaulay
Colin Macaulay, a former vice-Chairman of Rio Algom, has died. He was 66.Born in Montreal, Que., Macaulay graduated from McGill University’s engineering program with a bachelor’s degree in 1954 and a …
DIAMOND PAGE — New Russian company to mine diamonds
Almazy Rosii-Sakha, Russia’s largest producer and exporter of rough diamonds, has formed a company to develop kimberlite pipes in the Nyurba district of Yakutia.Alrosa-Nyurba was set up to mine two di…