AFRICA — Etruscan raises Samira funds
A US$3.5-million loan from a South African bank will enable Etruscan Resources (EET-T) to complete a feasibility study at its Samira gold project in Niger.The study, which was begun in September 1998,…
News
AFRICA — NEWS ROUNDUP — Reunion to sell exploration projects
In order to focus on more advanced projects, London-based Reunion Mining is engaged in negotiations to sell its gold exploration projects in Zimbabwe.The company recently closed its exploration office…
AFRICA — Channel poised for busy year
Having fended off a hostile takeover bid by Etruscan Resources (EET-T) last summer, Channel Resources (GEYE-C) intends to continue work on its mineral properties in Burkina Faso, with some help from P…
EDITORIAL & OPINION — FACTS ‘N’ FIGURES — Photo silver a picture of health
Because of its superior quality, convenience and low cost, silver-based photography will continue to edge out digital imaging in use in applications ranging from family snapshots to medical X-rays to …
LETTER TO THE EDITOR — Cartoon exhibits disregard for safety
I am writing to take extreme exception to the editorial cartoon “Chicken Little Underground,” which ran in your Jan. 11-17 issue.The cartoon portrays two miners, one with the cartoonist’s initials, “J…
MINING MARKETS & INVESTMENT NEWS – WESTERN MARKETS — Argentina Gold a mover and shaker on western market
The Vancouver Stock Exchange composite index lost 3.49 points, or 0.8%, to close the week ended Jan. 26, at 418.73. The mining index pushed forward, gaining 2.07 points, or 0.7%, and finished at 310.3…
Drilling activity paying off in Timmins
The opening weeks of 1999 have seen a series of discoveries in the Timmins and Matheson areas of northeastern Ontario.Drilling by Pentland Firth Ventures (PFO-T) at the Ludgate property in Michaud Twp…
Lac Rocher intersection excites market — Nuinsco cuts 10.8% nickel in drill hole
A 3.2-metre drill intersection grading 10.8% nickel has sparked a lively land play in the Lac Evans area, about 120 km northeast of Matagami, Que. Nuinsco Resources (NWI-T) reported on Jan. 20 that a …
MOST ACTIVE ISSUES (February 01, 1999)
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Franco-Nevada buys VBN shares, grabs 9.6% of Aber
Having gained a seat at the table with an earlier purchase, Franco-Nevada Mining (FN-T) has cleared more elbow room for itself by buying additional Inco (n-t) Voisey’s Bay Nickel shares.With the purch…
AFRICA — De Beers ensures Botswana’s place atop rough diamond sector
The Orapa mine in Botswana is in the midst of a US$400-million expansion project aimed at boosting annual production to 12 million carats. Consequently, the mine life will be halved to 30 from 60 year…
Searchgold finds it in Gabon
Drilling by Searchgold Resources (RSG-M) has increased the resource at its Bakoudou gold deposit in southeastern Gabon.Prior to Searchgold’s program, which ended in October 1998, the deposit was drill…