AFRICA — Nevsun expands reserves in Africa
Nevsun Resources (NSU-T) continues to increase reserves in Mali and Ghana, where it has established an overall primary resource of 2.5 million oz. gold.Nevsun first ventured into West Africa in 1993, …
Ashanti Goldfields Company Limited
AFRICA — First Quantum set to produce copper at Zambian mine — Reunion, First Quantum bring Ashanti to Botswanan project
Vancouver-based junior First Quantum Minerals (FM-V) soon will have two operating mines in Africa.First Quantum’s primary project in Africa is the Bwana Mkubwa copper mine, situated within a 5,615-ha …
AFRICA — Ashanti options Kraapian gold project
An agreement with London-based Reunion Mining sets the stage for Ashanti Goldfields (AHD.U-T) to earn up to a 65% interest in the Kraapian gold project in Botswana.To earn the interest, Ashanti must f…
Companies (January 26, 1998)
Aber ResourcesAce DevelopmentAdikann GoldfieldsAlberta EnergyAmCan MineralsAmerica Mineral FieldsAnglo AmericanAnglo VaalAnvil Range MiningApex Silver MinesAsarcoAshanti GoldfieldsAshton Mining of Can…
Prospex adds to African portfolio
Prospex Mining (PRM-V) had added a smattering of early-stage exploration projects to its growing West African portfolio.With the addition of the four new properties — Nimini West, Samalofila, Kindia …
Ashanti drilling in Niger
Ashanti Goldfields (ASL-N) has begun drilling on the Nassile gold concession in Niger.The 9,000-metre program is designed to test the Tampena geochemical anomaly, situated in the southwestern portion …
Companies (December 22, 1997)
Altavista MinesAlto MineralsArmada GoldAshanti GoldfieldsAtlasAtna ResourcesAuspex MineralsBreakwater ResourcesCamecoComincoConsolidated Brightwork ResourcesCumberland ResourcesDonner MineralsEagle Pl…
MINERAL EXPLORATION — Termites guide companies to gold
Termites can be a costly nuisance to urban dwellers, but, for companies exploring for gold in Africa, they can be used to save thousands of dollars and point the way to a bonanza.The tiny, ant-like in…
Rains force work suspension at Poura
A flash flood has caused Sahelian Goldfields (shgi-c) to suspend its underground rehabilitation and development program at the Poura gold mine in Burkina Faso.Sahelian reports that 70 mm of rain, fall…
Ashanti doubles resource in Tanzania
African miner Ashanti Goldfields (ASL-N) has released a new resource figure for the Geita gold project in Tanzania.Based on recent drilling along the 4.5-km trend of mineralization, the resource at Ge…
Nelson prepares to resuscitate Kalana
A feasibility study by Nelson Gold (NLG-T) calls for a 2-stage development program at the Kalana gold project in Mali, in preparation for a return to production.Ashanti Goldfields (AHD.U-T) holds an 8…
Ashanti commits to African projects
Ashanti Goldfields (ASL-N) intends to spend US$28 million on exploration in Africa during 1997.The company’s managing director, Peter Cowley, says two-Thirds of the funding will be directed towards ex…