AFRICA — NEWS ROUNDUP — Ashanti advances Tera
A second-phase program by Ashanti Goldfields (AHD.U-T) will continue to test the Tera gold project in Niger.The African gold producer holds rights to earn 51% of Carlin Resources’ (CLM-V) 90% interest…
News
AFRICA — New plant for Hymex
Hymex Diamond (HMD-V) has installed an alluvial plant at its Diani diamond project in Guinea, West Africa.The junior says the plant is capable of handling 300 tons of diamondiferous gravel per hour, w…
AFRICA — Ace eyes Oboum play
A subsidiary of Vancouver-based Ace Development (AE-V) has signed an agreement allowing Johannesburg Consolidated International (JCI) to earn up to a 60% interest in the company’s Oboum licence in Gha…
AFRICA — Adikann seeks partners for projects
Low gold prices and a lack of investor interest in junior mining stocks have prompted Adikann Goldfields (ADK-V) to seek potential partners to explore its land holdings in Ghana.According to the cash-…
AFRICA — Easton discovers PGMs
Grass-roots exploration by Easton Minerals (em-v) in southwest Angola has led to the discovery of anomalous platinum and palladium, as well as three outcrops bearing sulphide mineralization.The junior…
AFRICA — Melkior, Trillion busy in Republic of Congo
In partnership with state-owned mining company Gecamines, Trillion Resources (TLQ-T) and Melkior Resources (MKR-M) will continue exploring the Likasi property in the copper belt of the Democratic Repu…
AFRICA — Aussie firm commissions Damang
Australian-listed Ranger Minerals is commissioning the Damang gold mine in Ghana, a large, open-pit deposit considered to be one of the continent’s top five gold projects outside of South Africa.Produ…
AFRICA — Hartley mine ships PGM’s
The Hartley platinum mine in Zimbabwe is expected to reach full production by the end of 1998, reports operator Broken Hill Proprietary.The Australian-based company made its first shipment of platinum…
AFRICA — Orezone cuts gold at Intiedougou — Magnetics, radiometrics useful in mapping host rocks
Drilling at the Intiedougou property in western Burkina Faso has uncovered promising gold mineralization in unweathered rock below known oxidized gold mineralization.Tropical weathering in West Africa…
AFRICA — Nigeria seeks mineral investment
Nigeria is seeking foreign investment to revitalize its mineral sector.The West African nation is considered to be a single-product economy, with oil accounting for 90% of its gross domestic product. …
AFRICA — Top ten exploration spenders continue to invest in Africa
African projects were not ignored by the ten largest spenders of exploration dollars in 1997.A study by Metals Economic Group shows that 10 companies — BHP Minerals, Rio Tinto, Placer Dome (PDG-T), N…
Anvil Range shuts Faro again — Company granted protection from creditors
Financially troubled Anvil Range Mining (ARO-T) has been granted court protection from its creditors by the Ontario Court (General Division).The company will be protected, until Feb. 16, under the Com…