Diamonds from Angola are reputed to be among the most beautiful and valuable in the world. The African nation is the fourth-largest producer of diamonds and ranks second in terms of value per carat, f…
Catherine McLeod-Seltzer and James Stewart elected directors.
Newmont Gold (NGC-N) and La Teko Resources (LAO-V) have intersected gold mineralization in a new zone discovered at the True North deposit, near Fairbanks, Alaska.The structure, known as the Merlyn zo…
Exploration licences for gold properties in the Magadan region of northeastern Russia have been granted to nine companies, including Broken Hill Proprietary of Australia and Omolon Gold.BHP acquired t…
If Toyota or General Motors announced plans to build a huge manufacturing plant anywhere in North America, people would jump up and down with joy at the prospect of decent jobs and spinoff benefits fo…
The announcement of a US$8.3-million loss in the fiscal year ended March 31 and a subsequent restructing plan have given rise to unprecedented trading in the shares of Montana-based sapphire producer …
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
A work program by Sahelian Goldfields (SHGI-C) is adding to the resource potential of the Poura mine, a past producer of more than 600,000 oz. gold in Burkina Faso, West Africa.The company says recent…
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
While its 1-million-oz.-plus Golden Pride gold deposit remains its primary focus, Samax Resources (SMX-T) is increasingly encouraged by its separate Geita gold property, about 160 km to the northwest,…
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