Afcan begins US$4.5m gold program
At its Tanjianshan gold project in west-central China, Afcan Mining (AFK-T) will spend US$3.5 million on exploratio…
AFCAN Mining Corporation
Metallica Afcan reworks Sino Gold deal
Junior Afcan Mining (AFK-V) has agreed to postpone, for two years, a US$700,000 payment due to Australian-based Sino Gold. The payment had been due at the end of 2003.The deal also calls for Afcan to …
Afcan reworks TJS deal
Junior Afcan Mining (AFK-V) has reached an agreement to postpone for two years a US$700,000 payment due to Australi…
Western markets coast on previous gains
The venture markets took a breather during the report period Nov. 5-11, with the S&P-TSX Venture Exchange composite index rising a modest 11.13 points to finish at 1,602.48.Probe Mines made the bigges…
Afcan drills Chinese gold
Drilling by Afcan Mining (AFK-V) continues to cut encouraging gold grades at the TJS project in China’s Qinghai province.In January, Afcan acquired the right to earn an 85% stake in TJS by paying US$5…
Afcan tops up till for TJS project
Junior Afcan Mining (AFK-V) has raised $9.4 million by privately placing 40 million units priced at 25 apiece.The units, consisting of a share and half a warrant, are subject to a 4-month hold period…
Resource-sector deals drive junior exchange
Vancouver — Canada’s junior exchange finished the week ended Sept. 30 with a modest gain, compared with previous weeks. The S&P-TSX Venture Exchange composite index finished the period up 3.53 points…
Ashanti joins Afcan in Sierra Leone
Already partnered at the Kalako permit, 3 km east of Kalana in nearby Mali, Ashanti Goldfields (ASL-N) and Montreal-based Afcan Mining (AFK-V) have inked a deal that could see the former acquire an 80…
Exploration heats up again in Mali
Gold prices are back up and explorers are back to work, and it need be no surprise that southwestern Mali, with three gold producers pouring plenty of low-cost ounces, has returned to favour among jun…
Afcan eyes Chinese gold (January 13, 2003)
Montreal-based Afcan Mining (AFK-V) is acquiring an 85% interest in the Tanjianshan gold project in the northwestern Chinese province of Qinghai. The vendor is Australian-based Sino Gold.Afcan will pa…
PEOPLE (June 10, 2002)
AFCAN — David Netherway appointed president and CEO.Glencairn — Dunham Craig appointed president and COO.NovaGold — Walter Segsworth appointed director; Alex Morrison appointed preside…
MINING MARKETS & INVESTMENT NEWS — EASTERN MARKETS — TSE makes gains as royalty sisters prepare to merge
Regaining half of what it lost in the previous period, the Toronto Stock Exchange 300 index rose 87.69 points during the holiday-shortened period Sept. 1-7 to end at 7,058.50.Gold continued an upward …