While mining gem-quality sapphires in Montana has long been regarded as a risky proposition, the pieces seem to be falling into place for American Gem (GEM-T).In the past two years, the Montana-based …
Junior South Atlantic Resources (SCQ-V) has received approval from the Zairean government to proceed with its attempt to bid on the Ruashi-Etoile copper-cobalt project.The company will submit its fina…
Kazakhstan Goldfields (KGFC-C) has acquired a 75% interest in the Gold Pool joint venture.The project consists of three gold mines in north-central Kazakhstan, with an exploration licence covering abo…
The Newfoundland branch of the Canadian Institute of Mining, Metallurgy & Petroleum (CIM) will host its annual meeting from Nov. 7 to 9 at the Delta Hotel in St. John’s.Entitled “Mineral Development i…
Shareholders of Carson Gold (CQJ-V) have unanimously approved the acquisitions of diamond projects in Africa and China. Appropriately, the company will henceforth be known as DiamondWorks.”We are seei…
Verena Minerals (VMCO-T) has begun exploring for diamonds and gold on its Porto Nacional properties in Brazil.The program is being conducted by RTZ-CRA (NYSE) as part of a joint-venture agreement betw…
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The Vancouver Stock Exchange composite index continued its slide during the week of Oct. 16-22, falling 46.14 points to close at 1,109.97. The resource index lost 88.75 points to finish at 2,146.Borne…
A newly established exploration arm of Rex Diamond Mining (RXD-T) will send a team to Sierra Leone to investigate the company’s kimberlite and alluvial prospects.Rex Exploration Division, supported by…
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With a development program under way at its namesake mine near Rouyn-Noranda, Que., McWatters Mining (MCW.A-M) also plans to spend $3 million to bring the Maude Lake gold project near Matheson, Ont., …
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