NEWS ROUNDUP — Unit of Mazarin affiliate to close
The indefinite suspension of the BC-Beaver operation — one of three units operated by LAB Chrysotile — will not affect the earnings of affiliated Societe d’Exploration Miniere Mazarin (ME). The susp…
News
MINING IN AFRICA SPECIAL — Channel meets with early success
Although still in the early stages, mineral exploration undertaken by Channel Resources (TSE) in Burkina Faso has met with considerable success. The company formed joint ventures on three large conces…
PEOPLE — URANIUM RES. (February 06, 1995)
Oren Benton appointed chairman and chief executive officer; Wallace Mays appointed chief operating officer.
MINING IN AFRICA SPECIAL — Abductions at Sierra Leone mines
As a result of ongoing political problems in Sierre Leone, only a handful of North American mining companies are active in the mineral-rich nation. Those problems appear to be worsening, and several a…
MINING IN AFRICA SPECIAL — Ethiopia encourages foreign
In the summer of 1991, when Ethiopia’s transitional government took office, the country’s economy was in a state of crisis caused by protracted civil war, recurrent drought and the socialist economic …
INVESTMENT COMMENTARY — Pacific Comox seen as speculative
The potential of the Adansi-Asaasi gold concession in Ghana and a recent deal with Anglo American render Pacific Comox (VSE) a good buy at 29 cents a share. The recommendation was made by Will Dawes i…
MINING IN AFRICA SPECIAL — West Africa attracts interest of
During the past year, one of the foreign regions most attractive to Canadian miners has been West Africa. Senior and junior companies alike have been lured to the area by the prospect of discovering r…
MINING IN AFRICA SPECIAL — Sadiola Hill gold project gets
The gold potential of Mali is attracting widespread interest now that Anglo American of South Africa and a Canadian partner plan to proceed with the US$250-million Sadiola Hill mine project in the lan…
MINING IN AFRICA SPECIAL — Tanzania draws gold, diamond
An atmosphere of political stability and economic reform, coupled with underexplored and underdeveloped mineral resources, is attracting an ever growing number of Canadian mining companies to Tanzania…
MINING IN AFRICA SPECIAL — SouthernEra active in five
When it comes to exploring for diamonds in Africa, SouthernEra (TSE) takes a back seat to no one. The Toronto-based junior is currently active in four countries on the continent: South Africa, Botswan…
MINING IN AFRICA SPECIAL — Mining important to Zimbabwean
Mining in Zimbabwe has been an important part of the economy since the 14th century, when gold mining created the wealth that built the political state of Great Zimbabwe. With the arrival of Cecil Rho…
Princeton, New Canamin to amalgamate
A proposed almagamation of Princeton Mining (TSE) and New Canamin Resources (VSE) is aimed at developing the Huckleberry copper deposit in northern British Columbia. Shareholders of New Canamin would …