1996

DIAMOND PAGE — Ursa Major ups stake in Koktasjal

Diamond drill results have induced Ursa Major International (NRI-T) to increase its stake in the Koktasjal deposit in central Kazakhstan.Ursa Major has acquired an option to increase its interest in t…


Goldbelt drilling in Kazakhstan

In central Kazakhstan, Goldbelt Resources (GDB-V) has started drilling on the Kakbit massive sulphide and Ozemy copper porphyry targets.The Kakbit, wholly owned by Goldbelt, is 20 km southeast of the …



Museum, Hall of Fame find home in Elliot Lake

In a ceremony that attracted 150 representatives of industry and government, the Canadian Mining Hall of Fame was re-established in this historic uranium producing town.The ceremony was marked by emot…


Midas resource rises to 2.5 million oz. gold

With eight drills working at the Rex-Grande zone on the Midas property in northern Nevada, partners Franco-Nevada Mining (FN-T) and Euro-Nevada Mining (EN-T) have estimated a total resource of 2.5 mil…


DIAMOND PAGE — Namibian Minerals raises $17m

By issuing 2 million special warrants, Namibian Minerals (TSE) has raised $17 million for exploration and development of its diamond concessions off the coast of Namibia.Each special warrant, sold for…





VenCan moves into central Honduras

Junior VenCan Gold (VCG-M) has acquired an exploration concession, featuring several old workings, near the mining town of El Rosario in central Honduras.This month, VenCan will map and sample the Opo…


USMX sells royalty in Montana Tunnels

In an effort to raise funds for its Illinois Creek gold project in Alaska, USMX (USM-T) will sell its royalty interest in another project.The company will sell its 5% royalty interest at the Montana T…


Cyprus and Amax sign Russian deal

Cyprus Amax Minerals (CYM-N) and Amax Gold (AU-N) have formed a joint venture with several Russian groups to develop the Vorontsovka gold deposit, on the eastern flank of the Ural Mountains.Cyprus and…


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