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Local authorities foreclose on Kerr

McGarry Twp. in eastern Ontario has foreclosed on the Kerr gold mine because owner AJ Perron Gold failed to pay more than $2 million in back taxes.In late February, local authorities held an auction d…


Indochina boosts private placement

The private placement announced by Indochina Goldfields (ING-T) in February has risen to $90 million, following an increase in the number of $18 units to 5 million from 3.5 million.When the placement …


Noranda consortium eyes Zambian mines

Consortiums have started to coalesce among the qualified bidders for the assets of Zambia Consolidated Copper Mines (ZCCM), the mining company in which the Zambian government holds a 60.3% interest.Th…


OBITUARY — Raymond Collin

Raymond Collin, a prolific prospector from northern Ontario, has died. He was 52.A native of Timmins, Ont., Collin’s prospecting career began when he was still a teenager. Over his 35-year career, he …


Omni extends zone at Goddell

Underground drilling by Omni Resources (ORI-V) at the Goddell Shear project in the Mount Skukum area of southern Yukon intersected a significant interval of gold mineralization in an unexplored sectio…


Panorama pins hopes on tailings recovery

An eerie silence prevails over the mills and monstrous open pits at the Kambove and Kakanda mining areas — an indication that Zaire, once a powerful player in the copper market and the world’s leadin…



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