After a 6-year production hiatus, the Cassiar asbestos project in British Columbia is ready to begin producing chrysotile fibres once again.Operator Mineral Resources (MIC-T), which holds a 100% inter…
Two follow-up drill holes by Thunderwood Resources (THS-T) and Consolidated Abitibi Resources (CAQ-M) at their Lew polymetallic property in the Flin Flon-Snow Lake volcanic belt in Manitoba have retur…
Akrokeri-Ashanti Gold MinesAmerica Mineral FieldsAnatolia Minerals DevelopmentAsarcoAtna ResourcesAustralian Kimberley DiamondsBarrick GoldBig I DevelopmentsBolidenBrimstone GoldCaledonia MiningCameco…
Crumbling under a large debt load, Dakota Mining (DKT-T) operating subsidiary USMX of Alaska has filed for bankruptcy protection.After a 90-day interim financing facility provided by NM Rothschild & S…
New Claymore Resources (NCS-V) has agreed to a brokered private placement of up to 1 million units at $1.60 each, for gross proceeds of up to $1.6 million.Each unit will consist of one common share an…
In hopes of replicating the success of its exploration of the Intiedougou gold property in Burkina Faso, Orezone Resources (ORZ-M) has optioned a 500-sq.-km parcel of land immediately to the south.Ore…
Grayd Resource (GYD-V) has arranged a non-brokered private placement of 1.03 million units at $1.50 each, for proceeds of $1.5 million.Each unit will consist of one common share and one-half of a non-…
.BDerek WiltonDiamond, which is pure carbon, is the hardest substance known, yet diamonds can be broken relatively easily. Paradoxically, graphite, one of the softest minerals, is a polymorph of diamo…
By strategically shifting its 1997 production to the Jeni property in Ghana from the adjoining Esaase property, Akrokeri-Ashanti Gold Mines (AAGM-C) has managed to alleviate the effects of low gold pr…
Having recently acquired the past-producing La Colorada silver operation in Mexico’s Zacatecas state and a 70% interest in the world-class Dukat silver deposit in Russia’s Far East, Pan American Silve…
Evergreen, Colo.-based Anatolia Minerals Development (AMCD.U-C) and Toronto-based Rio Algom (ROM-T) have agreed to jointly explore base and precious metal prospects in Turkey.The agreement, which is e…
Contrary to information that appeared in our May 25-31 issue, the Indonesian state-owned mining company Aneka Tambang does not hold an interest in the Jampang gold project of Mispec Resources (MPE-M)….
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