Drilling by partners Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) in the Buffalo Hills area of Alberta has identified four kimberlites, bringing to 11 the number discovered to date….
A drill program by Canyon Resources (CAU-X) will test several gold targets at the Megado Serdo property in southern Ethiopia. At the same time, the Denver-based company plans to test two other Ethiopi…
With cash in hand from a large financing, Newmex Mining (MEX-T) will set about exploring its two Mexican gold properties.Created in February by Great Lakes Minerals (GLK-T), Newmex is a wholly owned s…
A gold prospect in Chile’s Maricunga district has caught the eye of Prime Equities International (PQE-V), a junior company founded by Murray Pezim and now headed by his son, Michael.The company holds …
Toronto-based Eden Roc Mineral (EDN-T) has found gold mineralization in a trenched and drilled oxide zone in Ivory Coast. The permit is held by Somiaf, which, in turn, is owned 68% by operator Eden Ro…
It has long been known that many diamonds from the kimberlites of the Orange River watershed in southern Africa washed into the Atlantic Ocean and were pushed northward by the prevailing currents. De …
By mid-April of this year, Trio Gold (TGK-A) hopes to complete a due diligence review of its proposed acquisition of Sedcore Exploration, a private company incorporated in Ghana, West Africa.The acqui…
ALUMINIUM: LME settlements US$1,667 per tonne, alloy $1,540 per tonne (Mar. 4/97).ANTIMONY: Composite free market, US$2,300 per tonne (Mar. 4/97).BISMUTH: Composite free market US$3.00 per lb. (Mar. 4…
A solvent extraction-electrowinning project is expected to enhance the overall economics of the Escondida copper mine in northern Chile, reports operator BHP.The Australian mining giant has a 57.5% in…
A 12-million-share public offering has raised $24.6 million for Vengold (VEN-T).Proceeds of the offering, priced at $2.05 per share, will be used partly to acquire new mineral assets.The Vancouver-bas…
Shallow oxide gold deposits amenable to heap leaching will be the primary target of an exploration program to be carried out by Santa Fe Pacific Gold (GLD-N) in Central Asia.The company says one of it…
A drill program by Royal Standard Minerals (RSM-M) will test a gold prospect adjacent to Barrick Gold’s Bousquet gold mine in Quebec’s Abitibi greenstone belt.The junior company holds an option to ear…
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