Privately owned African Minerals is planning to go public with mineral projects acquired or optioned in emerging countries of Africa. Zambia and South Africa were chosen as bases of operations because…
Drilling will resume in the spring on Bronson Slope in the Iskut River district of northwestern British Columbia. Bad weather in late 1994 forced International Skyline Gold (TSE) to suspend drilling a…
Following reverse-circulation (RC) drilling and trenching on the Koma Bangou gold project in Niger, Etruscan Enterprises (VSE) is optimistic about increasing reserves. The 31,000 ft. of drilling and 9…
We have seen extensive coverage recently in the financial press of the economic — and social — problems in Mexico. In late December, after months of building pressure, the new Mexican government of …
A merger between Wiscan Resources (TSE) and privately owned Minera Yamana has been approved. Wiscan will transfer its assets and liabilities to a wholly owned subsidiary, Moss Resources, and the share…
One of the first North American-based companies to take an interest in Kenya’s gold potential is Serengeti Diamonds (VSE), a Toronto-based junior best known for its diamond exploration projects in Tan…
The Chambishi copper mine and associated assets are being offered for sale by Zambia’s state-owned copper miner ZCCM. According to Platt’s Metals Week, tender advertisements will soon invite bidders t…
Gold output at the Zimbabwean operations of Kinross Gold (TSE) is poised to increase, as a new tailings retreatment plant nears completion at the Blanket mine and underground exploration at the Golden…
The following are excerpts from a paper co-authored and presented by A.H. Mumin at a recent seminar on the geology and mineral deposits of the West African Shield. The seminar was sponsored by the Uni…
The chairman of Mutual Resources (VSE) says “Ghana was a sleeper.” Tony Frizelle believes the West African nation, thanks to events triggered elsewhere in Africa and South America, is set this decade …
Gold mineralization continues to be intersected at Rio Narcea Gold Mines’ (TSE) El Valle and Boinas projects in northern Spain. A fourth phase of stepout drilling on Boinas intersected a new zone of m…
A special warrant financing has raised $2.1 million for Arequipa Resources (VSE). The warrants were issued at 75 cents each and are convertible, at no extra cost, into one additional common share. The…
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