Wide massive sulphide zone hit at Bisha
Vancouver – The latest round of drill results from Nevsun Resources’ (NSU-T) Bisha project in Eritrea is increasing…
Africa
Resolute ready to reopen Syama (April 06, 2004)
Perth-based gold miner Resolute Mining has exercised an option to buy the majority interest in the Syama gold mine…
Rex shares tumble after leases axed (April 02, 2004)
Rex shares tumble after leases axedThe government of Sierra Leone has cancelled the diamond mining leases held…
Golden Star cuts new gold near Bogoso-Prestea
A first wave of rotary-air-blast drilling by Golden Star Resources (GSC-T) has returned some encouraging results fr…
Gold royalty likely to be shelved (March 30, 2004)
The government of South Africa is expected to scrap a proposed 3% royalty on revenue from gold mining companies wit…
Norilsk takes South African foothold (March 29, 2004)
Russia’s largest miner Norilsk Nickel has bought Anglo American’s (AAUK-Q) 20% stake in South African gold miner Go…
Tiomin secures port land
Tiomin Resources (TIO-T) has acquired a three-acre parcel of land on the south side of Mombasa harbour, advancing i…
Petrex mines sink Bema
Higher-than-expected costs at the Petrex mines in South Africa, combined with an unrealized US$13.4 million derivat…
Akrokeri-Ashanti Bonte
Akrokeri-Ashanti (AKR-V) shares had a penny, or 25% of value, carved away Friday after the company announced that i…
Anvil ready to dual-list in Canada (March 24, 2004)
Seeking a broader shareholder base, Australian-listed Anvil Mining has unveiled a restructuring scheme under which…
Kolwezi deal done
America Mineral Fields (AMZ-T) has started the ball rolling on a feasibility study of the Kolwezi copper-cobalt tai…
American Mineral Fields gets decree
Congolese president Joseph Kabila has signed off on a decree approving the deal under which America Mineral Fields…