Selecting ground near known gold deposits and existing mines, African Selection Mining (AFSM.U-C) has assembled a property portfolio in West Africa. Much of the company’s ground is underlain by geolog…
Harmony Gold Mining of South Africa has purchased the Bissett gold mine from the receivers handling the bankruptcy of Rea Gold.For most of its corporate life, Harmony was a unit of Randgold. By the en…
Banded iron formation-hosted gold deposits, Part 2Banded iron formation-hosted gold deposits are important in terms of Canadian and U.S. gold production, as illustrated by mines such as the Lupin and …
Preliminary exploration by Plata-Peru Resources (PPU-A) has confirmed the presence of base metal mineralization near its Pachapaqui mine in Peru.Work included ground geological mapping and sampling of…
Production at the Central American gold mines of Greenstone Resources (GRE-T) is on track to reach 233,000 oz. gold in 1998, a substantial increase from the 63,563 oz. produced in 1997.For the first q…
Zappa Resources (ZPA-V) is set to deal its interest in the Gaby gold deposit in southern Ecuador to Ecuadorian Minerals (EMC-T).In a deal valued at US$1.6 million, Ecuadorian would take sole interest …
In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…
A judge has dismissed a company’s allegations that VenCan Gold (VCG-M) wrongfully dealt a 50% interest in production from the Edwards gold mine near Dubreuilville, Ont., to River Gold Mines (RIV-T).Ex…
Mining history will be made this fall with the official opening of the Ekati diamond mine in the Lac de Gras region of the Northwest Territories.Operated and 51% owned by Broken Hill Proprietary (BHP-…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateApr. 28Apr. 27Apr. 24Apr. 23Apr…
Quebec City-based Virginia Gold Mines (VIA-M) is set to begin a new drill program on the Grande Sud property in the James Bay region of Quebec.Attention is focused on two zones of mineralization, name…
Encouraging results are reported from the first phase of exploration at the Silobela gold property in central Zimbabwe.Toronto-based Rift Resources (RIF-V), which is earning a half-interest in the pro…
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