News

Junior Fairstar Explorations (FFR-M) has a 55% interest in the Fenelon gold property and is operator of the Quebec project.Incorrect information appeared in our issue of Jan. 20.

Among the most active junior companies exploring for gold in West Africa is Vancouver-based Nevsun Resources (NSU-T), which has several key projects under way.Aggressive drilling at the Kubi concessio…

Trimark Resources (TRK-V) has changed its name to International Trimark Resources (IKM-V) on a 1-new-for-3-old-share basis.

Metal stocks (in tonnes) held in London Metal Exchange warehouses at Jan.27/97 (change from previous week in brackets):Aluminium956,725(-6,600)Copper165,650(+22,425)Lead113,725(-1,650)Nickel48,…

Jeffrey Taylor appointed vice-president of corporate development.

Stephen Kay appointed director.

Consulting firm Behre Dolbear has submitted to the government of Niger its initial recommendations for privatizing the country’s mining industry.From a database of 451 known mineral occurrences, Behre…

An engineering firm has been retained by America Mineral Fields (AMZ-V) to carry out a preliminary feasibility study for the past-producing Kipushi zinc mine in Zaire.London-based Techpro Mining and M…

Toronto-based Caledonia Mining (CAL-T) has released results from the second round of drilling at its Kadola West copper-cobalt prospect in the southern extension of the Zambian copper belt.Six of eigh…

During 1996, Hymex Diamond (HMD-V) produced 21,552 carats of diamonds from its alluvial mining operations in Guinea, West Africa. The diamonds are currently being sold by auction in Antwerp, Belgium.T…

Having sold an 80% stake in the Eteke permit in Gabon, Pan African Resources (PARC-C) intends to step up the pace of exploration at its Kolissen property in the central portion of that African nation….

Toronto-based TNK Resources (TNKR-C) has discovered a kimberlite pipe at its 100%-owned Gope prospect in central Botswana.The company tested five geophysical and kimberlitic indicator mineral targets …