Exploration licences for gold properties in the Magadan region of northeastern Russia have been granted to nine companies, including Broken Hill Proprietary of Australia and Omolon Gold.BHP acquired t…
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
A work program by Sahelian Goldfields (SHGI-C) is adding to the resource potential of the Poura mine, a past producer of more than 600,000 oz. gold in Burkina Faso, West Africa.The company says recent…
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
A drill program by Echo Bay Mines (ECO-T) will test the Jessup gold property in Nevada’s Churchill Cty.The major recently started its third round of drilling at the property, which is held by Americom…
Drilling by X-Cal Resources(XCL-T) will test the West Wood, Bedrock, Casino and Ready Line targets at the Sleeper gold property in Nevada’s Humboldt Cty.Earlier this year, X-Cal signed an agreement to…
While its 1-million-oz.-plus Golden Pride gold deposit remains its primary focus, Samax Resources (SMX-T) is increasingly encouraged by its separate Geita gold property, about 160 km to the northwest,…
Nevsun Resources (NSU-T) has reported initial trenching results from its 90%-owned Kubi project in Ghana.The trenching was designed to assess the oxide potential of several mineralized zones that exis…
Infill drilling continues to return significant grades over substantial widths in the San Juan zone at the Vueltas del Rio gold deposit in northwestern Honduras.Geomaque Explorations (GEP-T) has now r…
If Toyota or General Motors announced plans to build a huge manufacturing plant anywhere in North America, people would jump up and down with joy at the prospect of decent jobs and spinoff benefits fo…
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