NAME CHANGE (September 14, 1998)
Vantage Enterprises (VEC-V) has changed its name to African Gemstones (AGZ-V).
News
VenCan seeks remedy in Edwards dispute
Operator River Gold Mines (riv-t) says the Edwards mine, northeast of Wawa, Ont., sustained a loss last year. The mine’s owner, VenCan Gold (VCG-M), believes the operation generated a profit of at lea…
NEWS ROUNDUP — Freewest reports find near Sudbury
Montreal-based Freewest Resources Canada (FWR-T) has discovered a platinum-palladium-copper-nickel showing at its wholly owned Folson Lake property in Gerow Twp., 80 km west of Sudbury, Ont.The 320-ha…
Australasian PGM sector needs dash of Fipke magic
In the mid 1980s, the man who later undertook the great geological detective work that put Canada on the world diamond map, was in the deep south of New Zealand, in conditions as cold as, but a lot we…
Minroc eyes Kanyemba
Clifford Frame’s Minroc Mines (MN-T) is acquiring a half-interest in the Kanyemba uranium-vanadium project in Zimbabwe from Toronto-based junior Cline Mining (CMK-V).Minroc will pay Cline 1.5 million …
Billiton unit ties up Newfoundland land package
A unit of London-based Billiton has signed joint-venture agreements with several Canadian juniors collectively holding 343 sq. km of prospective ground in the Buchans area of central Newfoundland.The …
LATIN AMERICA — Barrick’s Latin American growth plans include Pierina, Pascua, Lama
While Nevada’s Carlin trend remains the cornerstone of Barrick Gold’s (ABX-T) gold mining empire, Latin America appears to be prodiving the company with a steady stream of exploration and development …
Philex racks up more losses
Plummeting production at its Philippine operations has resulted in the third straight quarterly loss for Philex Gold (PGI-T).For the 3-month period ended June 30, the Toronto-based company posted a ne…
LATIN AMERICA — Hecla Mining advances projects in Mexico, Peru
Idaho-based Hecla Mining (HL-N) has commenced drilling on two properties, in Mexico and Peru, while beginning exploration on a third, in Chile.Drills are turning at the Noche Buena property in the nor…
LATIN AMERICA — Francisco Gold progresses at El Sauzal
With $38 million in the till and an $8-million exploration budget, Francisco Gold (FGX-V) has decided to focus its efforts on the El Sauzal gold deposit in northern Mexico.The deposit forms part of th…
LATIN AMERICA — Gross Rosebel sits and waits for gold’s rebound
Although the Omai gold mine in Guyana is up and running, the comparable Gross Rosebel project in neighboring Surinam sits idle — a situation that can only be explained by bad timing.”We missed a wind…
LATIN AMERICA — SX-EW takes hold in Latin American camps
In tough times for copper, big operations have to find refuge in low production costs. This is especially true of large porphyry copper projects, where low grades mean that big savings per tonne of or…