Santa Fe returns to Springpole
Santa Fe Canadian Mining, a subsidiary of Newmont Gold (NGC-N) has climbed back aboard the Springpole gold project of Gold Canyon Resources (GCU-V) after having dropped its original option in 1996.San…
News
Runoff curtails Kidd production
Faced with an influx of runoff water from the surface, the Kidd mining division of Falconbridge (FL-T) has shut down operations below the 2,800-ft.level of the mine complex near Timmins, Ont.The shutd…
Armada finances Siberian project
Junior Armada Gold (AAU-T) has closed a $1.4-million private placement with Levesque Beaubien Geoffrion aimed at financing exploration work in Siberia and Mongolia.The financing consists of 6.6 millio…
Minorca teams with Tan Range — Work program under way at Itetemia
Juniors Minorca Resources (MAR-T) and Tan Range Exploration (TNX-A) will shortly sign a formal agreement to jointly explore the latter’s Itetemia gold property in the Lake Victoria Goldfields region o…
Banro completes initial phase of drilling at Twangiza
Banro Resource (bnrs-c) has completed the first phase of diamond drilling at its Twangiza gold project in the Democratic Republic of Congo’s Kivu province.This phase consisted of 9,251 metres drilled …
LATIN AMERICA — Eloro warms to gold potential of Guatemala
An increasingly stable political climate and positive changes to mining and tax legislation are making Guatemala a more attractive destination for Canadian junior explorers.The country’s 36-year civil…
LATIN AMERICA — Diagem seeking more Brazilian diamonds
To illustrate that all that glitters is not gold, Diagem International Resource (DGM-V) recently invited the The Northern Miner to view an 80-carat diamond being polished in Vancouver, B.C.The diamond…
LATIN AMERICA — Sur American drills ground in Colombia
A sampling program by Sur American Gold (SUR-V) has resulted in a gold-silver discovery within siliceous sinters at the company’s 100%-owned Gavia project in western Colombia. The sinters occur as bou…
SAF on trail of diamonds
Kimberlite indicator minerals have been recovered from at least 30 sites on the Mosomane diamond property in southeastern Botswana.Southern Africa Minerals (SAF-T) reports that several of the sites co…
LATIN AMERICA — Orvana pushes ahead at Don Mario property
Now that feasibility work is under way at its Don Mario gold-copper deposit, Orvana Minerals (ORV-T) has launched an aggressive exploration program aimed at expanding reserves and testing new targets …
Magadan’s gold sector looking brighter — New investment, projects could lead to greater production
Although mines in the mountainous Magadan region of Russia produced 26.1 tonnes of gold in 1997 (6.3 tonnes more than were produced in the previous year), output was well below expectations. However, …
LATIN AMERICA — Rondal Gold options group of Mexican gold claims
Vancouver-based Rondal Gold (RGD-A) has acquired, in central Mexico, a 49% stake in a group of claims prospective for gold-silver-copper mineralization.The company, formerly known as Prior Resources a…