The lure of Angolan diamonds has proved temptingfor SouthernEra Resources (SUF-T). The company, which already has diamond projects in Canada and South Africa, has secured the rights to four alluvial d…
A $3-million financing has boosted to $7 million the amount of funds available to Fairstar Explorations (FFR-M) for exploration in Canada and West Africa.The junior has earmarked $1.9 million for expl…
A third phase of drilling is under way at the Atkinson gold project near Detour Lake, Ont., a joint venture between Prism Resources (PRN-V) and Better Resources (BRZ-V).This stage will include 11 hole…
Partners Vanderbilt Gold (VAGO-O), Consolidated Viscount Resources (CVR-V) and Guardian Enterprises (GUD-V) are gearing up for production at the Coloradas concessions in Mexico’s Durango state.The con…
An epithermal gold deposit in the lush jungle of Kalimantan, Indonesia, has become the prime exploration focus for Vancouver-based South Pacific Resources (SHF-A).Known as Masupa Ria, the project is a…
Exploration of the Campo Morado property in Guerrero state, Mexico, by Farallon Resources (FAR-V) has proved encouraging.The property is situated in Lower Cretaceous rhyolitic metavolcanics and metase…
Calgary-based Celtic Minerals (CME-A) is straddling opposite ends of the world as it expands its portfolio of precious and base mineral properties.Although the junior has the second-largest land posit…
Junior Globex Mining Enterprises (GMX-T) will explore its newly acquired Mooseland gold deposit, 70 km northeast of Halifax, Nova Scotia.The property hosts an uncut, drill-indicated reserve of 2.02 mi…
ExchgValue($000s)HighLowCloseChangeBarrick GoldT4…
ALUMINIUM: LME settlements US$1,435 per tonne (Nov. 12, 1996), alloy US$1,252 per tonne (Nov. 5, 1996).ANTIMONY: Composite free market, US$1,940 per tonne (Nov. 12, 1996).BISMUTH: Composite free marke…
Exploration at the Agoudou Manga gold prospect in the Central African Republic has returned encouraging results for Asquith Resources (ASQH-C).One of five targets on the 2,000-sq.-km Roandji property,…
Having picked up five concessions in Honduras, VenCan Gold (VCG-M) plans to spend $1 million on exploration there in 1997.The properties, which, in total, comprise more than 30,000 ha, were acquired b…
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