Toronto-based AmCan Minerals (AMF-V) has completed negotiations to acquire 100% of the outstanding shares of Oriole Mining.Oriole’s assets include five major diamond-bearing properties in Angola, thre…
A new treatment plant installed by Nora Exploration (NXI-M) is operating on schedule and below estimated cost at the company’s diamond project in Ghana.The junior says the plant, which consists of two…
Best known for its attempt to acquire a stake in the Busang project in Indonesia, Minorca Resources (mar-t) has since shifted its focus to Africa.The Toronto-based junior recently signed an agreement …
Drilling by Guyanor Ressources (GRL.B-T) has increased the known extent of massive sulphide mineralization at the Paul Isnard project in French Guiana.Guyanor’s objective is to fill in the areas of kn…
The discovery, in late 1991, of a diamond-bearing kimberlite of apparent economic potential at Point Lake, near Lac de Gras, N.W.T., initiated a staking rush of unprecedented magnitude, mostly in the …
Casmyn (CMYN-O) will take operations at its Turk gold mine in Zimbabwe above ground.Traditionally, the Turk mine has produced gold from narrow high-grade veins, but detailed drilling and computer mode…
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJan. 20Jan. 19Jan. 16Jan. 15Jan…
Placer Dome (PDG-T) has announced that its operating company, Minera Las Cristinas (Minca), has decided to suspend mine construction at the Las Cristinas gold property in Venezuela until an ownership …
Poplar Resources (PPX-V) intends to begin a bulk-sampling program at the Aardvark and Barkly West kimberlite fissures in South Africa.The company can earn up to a 60% interest in the diamond projects,…
Pegasus Gold (PGU-X) has lost its fight against the dwindling gold price and filed for bankruptcy protection after unsuccessful appeals for clemency to its major creditors.The company had been in nego…
Rex Diamond (RXD-T) has launched an exploration program aimed at finding diamond-bearing kimberlites in the desert of northern Mauritania.The diamond-producing company recently announced the discovery…
The success of the Sadiola Hill gold mine in Mali has prompted other Canadian juniors to take a serious look at the gold potential of the West African nation.Among those companies is Raymor Resources …
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