Diamond-hunter Ashton Mining of Canada (ACA-T) is in the midst of an aggressive reconnaissance program at its Buffalo Hills joint-venture properties in northern Alberta.Since 1997, the company has ide…
Drilling at the Marsfontein property in South Africa’s Northern Province has intersected kimberlite along two fissure systems that lead from the currently producing M1 pipe.The 6,000-metre percussion …
Caledonian Pacific Minerals (CDN-V) has applied for exploration licences for 600 sq. km. in the Bingara diamond field of New South Wales, Australia, based on geophysical data compiled by the Departmen…
London-based Redaurum (rrk-t) has signed an agreement to sell North America’s first diamond mine to McKenzie Bay International (MKBY-O).The company will transfer all the shares of its subsidiary, Diam…
Having signed a joint-venture agreement, Guyanor Ressources (GRL.NB-T) and Rio Tinto (RTP-N) are mobilizing equipment to begin exploration of the Dachine diamond property in French Guiana.The program …
After completing due diligence, Black Swan Gold Mines (BSW-T) has dropped an option to buy the Tejucana operations of a Brazilian company with diamond mining interests along the Jequitinhonha River in…
Junior Valdez Gold (VAZ-A) has found low-grade gold mineralization on its Gaby property in Chihuahua state, Mexico.Anomalous gold values were found in soil samples from the Los Jarros prospect, which …
“There is no failure except in no longer trying.” — Elbert HubbardQuotations such as the one above are lived out daily in the mining business. If the town of Kirkland Lake had given up hope, it could…
We called it the year of the gilded reptile, and for good reason. We still shudder looking back at 1997, the annus horribilus that brought us the Busang salting scandal and assorted lesser scandals. R…
The Standard Bank of London, England, is sponsoring the first Internationl Mines and Metals Investment Forum. The event, scheduled for Oct. 19-20, will be held in Tehran, Iran.The event, being organiz…
Gold Funds as of September 16, 1999BGRCentralNet Value$13.135.37Price$8.95…
Drilling has intersected a narrow zone of zinc-copper-silver massive sulphide mineralization in an untested area between the Caber and Caber North deposits near Matagami, Que.Noranda (NOR-T) can earn …
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