A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…
The government of Ghana will transfer its interests in three gold mines to Ashanti Goldfields (AHD.U-T).Ashanti will acquire a 10% interest in the Iduapriem mine, raising its stake in the operation to…
Diamond drilling by Ashanti Goldfields (AHD.U-T) is about to begin on the Nassile property in Niger.The African gold producer can earn up to a 60% interest in the joint-ventured project from Royalstar…
An exploration program by the African subsidiary of Ashton Mining will test the diamond potential of the Kenieba project in Mali, West Africa.The project is 49% held by Vancouver-based Mink Mineral Re…
Starpoint Goldfields (STS-V) is aiming for a summer startup at the Yetwene alluvial diamond project in northwestern Angola.The company now holds a 52% interest in the 550-sq.-km concession, which stra…
Junior International Curator Resources (IC-T) plans to raise $6.6 million in a private placement to fund an ongoing feasibility study of its Boleo copper-cobalt property in Baja California Sur, Mexico…
Deliniation drilling is enabling Archangel Diamond (AAD-V) to determine the economic viability of the Verkhotina diamond project in northwestern Russia.To project is a 40-50 joint venture between Arch…
Wednesday, January 29, 1997Price (US)Week’s ChangeGold*$350.15+ $0.05Silver*$ 4.92…
Stremco, a 51% owned subsidiary of European Mining Finance (EMFF-C), expects to produce 10,000 oz. gold per year for at least eight years from an advanced project in northeastern Burkina Faso.The comp…
Upon my return to Canada following a 2-year contract in Zambia, I started work as a tunnel inspector at the Wreck Cover power project of Nova Scotia Power Corp.The project, which was about an hour’s d…
Diamond explorers Ashton Mining of Canada (ACA-T) and Pure Gold Resources (PUG-T) have pulled kimberlitic-textured rocks from the holes drilled northeast of Grande Prairie, Alta.The partners are testi…
ALUMINIUM: LME settlements US$1,606 per tonne, alloy $1,525 per tonne (Jan. 28/97).ANTIMONY: Composite free market, US$2,380 per tonne (Jan. 28/97).BISMUTH: Composite free market US$3.20 per lb. (Jan….
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