Partners pull more zinc at Caber
Drilling by Southern Africa Minerals (SAF-T) at its Caber deposit near Matagami, Que., continues to return significant base metal values.Hole 32 was sunk 50 metres south of hole 30, which returned 14 …
1998
Index (April 20, 1998)
CareersClassifiedCommentaryDiamond PageDrillersEditorialFinancingsInsider TradingLetter to the EditorMetal PricesMining Investment & Market NewsObituaryOdds’n’SodsPeopleProfessional DirectoryQueryStoc…
Hebron buys Mazarin’s exploration projects
As part of a plan unveiled in January to withdraw from the exploration scene and renew its focus on industrial mineral production in Quebec, Mazarin Mining (MAZ-T) has sold its overseas gold and coppe…
Drill testing under way at Dunkwa property
Encouraging drill results have been obtained by Battle Mountain Gold (BMG-N) on the Dunkwa property in the Ashanti gold mining region of south-central Ghana.The company is working to earn a 65% intere…
DIAMOND PAGE — Ditem options diamond prospect from Uranerz in northern Quebec
Montreal-based junior Ditem Explorations (DIT-M) has entered into an option agreement with German-owned Uranerz Explorations and Mining on a diamond property situated in the Otish Mountains of norther…
Peruvian shareholders fight Gabriel deal
Peruvian Gold (PVO-V) has been chastised by major shareholder Bradstone Equity Partners for not seeking shareholder approval for the company’s takeover bid of Gabriel Resources (GVU-V).Peruvian’s take…
Chesbar drills at La Salle
Chesbar Resources (CBI-M) has completed a major round of diamond drilling at its La Salle I gold property on the company’s Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre p…
Consortium fails in bid to purchase ZCCM
Privatization of the giant Zambia Consolidated Copper Mines (ZCCM) hit a snag when the negotiating team rejected the purchase offer from the Kafue Consortium for the Nkana and Nchanga divisions.The Ka…
Indo Metals funds work
Indo Metals (IOM-V) has completed a brokered private placement of 1.96 million units at 60cents each, for total proceeds of $1.17 million. Each unit consists of one share and half a share purchase war…
Meetings (April 20, 1998)
Apr. 21, AnooraqApr. 21, Bitterroot ResourcesApr. 21, CherryhillApr. 21, Diamond FieldsApr. 21, Highview ResourcesApr. 21, Orion Int’lApr. 21, Yanks PeakApr. 22, AMT Int’l MiningApr. 22, Beau CanadaAp…
Waseco secures financing
A private placement of 1 million common shares of Waseco Resources (WSCO-C) will be used to finance an engineering study on modifying a dredge unit for alluvial gold production at Waseco’s Tewah prope…
William to build plant
William Resources (WIM-T) will shortly begin constructing a carbon-in-leach plant at its Bjorkdal open-pit mine in northern Sweden.The Toronto-based company recently received approval from Sweden’s Li…