Fraud artists target Canadian mineral explorers
A Toronto mining executive is warning Canadian juniors against a scheme in which companies are promised introductions to European investors eager to own mining shares.William Burton, president of Toro…
Rift Resources Ltd
NEWS ROUNDUP — Rift begins African drilling
A 2,000-metre drill program is under way at the Adi Nefas and Doop properties owned by Rift Resources (rif-v) in Eritrea.At Adi Nefas, a volcanogenic massive sulphide deposit, the company is attemptin…
Companies (September 06, 1999)
Acadia Uranium MinesAgnico-Eagle MinesAmbrex MiningAnglo AmericanArabian Shield DevelopmentAsarcoAshanti GoldfieldsAtacama MineralsAurado ExplorationAurizon MinesAvalon VenturesBear Explora…
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Composite rises as mining index stays steady
The Vancouver Stock Exchange composite index jumped 15.81 points, or 3.5%, to close the week ended May 18 at 467.05. The mining index remained steady, gaining only half a point, or 0.18%, to finish at…
AFRICA — NEWS ROUNDUP — Reunion to sell exploration projects
In order to focus on more advanced projects, London-based Reunion Mining is engaged in negotiations to sell its gold exploration projects in Zimbabwe.The company recently closed its exploration office…
Companies (February 01, 1999)
Aber ResourcesAmerica Mineral FieldsAnglo AmericanArgentina GoldArmistice ResourcesAzco MiningBarrick GoldBlackrock VenturesBlackstone ResourcesConsolidated Trilogy VenturesDe Beers Consolid…
Rift reports African intersections
Encouraging results are reported from the first phase of exploration at the Silobela gold property in central Zimbabwe.Toronto-based Rift Resources (RIF-V), which is earning a half-interest in the pro…
Companies (March 09, 1998)
Aber ResourcesAlmaden ResourcesAlta GoldAlto MineralsAmax GoldAmbrex MiningAnglo AmericanAranlee ResourcesArchon MineralsArcturus ResourcesArgentina GoldArmistice ResourcesAsarcoAtlasAtna ResourcesAug…
EXPLORATION 1998 — Rift, Reunion hit widespread gold in Zimbabwe
With results in hand from the first 20 holes of an 80-hole drill program, Rift Resources (RIF-V) is reporting the discovery of widespread gold mineralization at the Silobela project in Zimbabwe.The To…
Rift cleared to explore Ugandan property
Junior Rift Resources (RIF-V) has been granted a second exclusive prospecting licence in Uganda.The new licence covers 3,374 sq. km, bringing the area of Rift’s licensed holdings in the country to 10,…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Ethiopia’s Legadembi mine does it the hard way
At first glance, the Legadembi gold project in southern Ethiopia would seem to suggest the stuff of legend. Surrounded by jungle and perched at an elevation of 2,000 metres above sea level, the open-p…
STOCK MARKETS — Atna, Nickelodeon bright spots in dim market
After entering the December month on an upswing, western markets edged downward over the report period ended Dec 12. The Vancouver Stock Exchange resource index slipped 5.44 points to close at 1,265.1…