Companies (January 26, 1998)
Aber ResourcesAce DevelopmentAdikann GoldfieldsAlberta EnergyAmCan MineralsAmerica Mineral FieldsAnglo AmericanAnglo VaalAnvil Range MiningApex Silver MinesAsarcoAshanti GoldfieldsAshton Mining of Can…
Wesdome Gold Mines Ltd
Milling ongoing at Edwards
River Gold Mines (RIV-T) has half-finished the milling of the first batch of ore from the Edwards mine, 50 km northeast of Wawa, Ont.The company has recovered 16,155 oz. gold from 27,950 tonnes of Edw…
River Gold mills ore from Edwards mine
Ore from the Edwards gold mine near Dubreilville, Ont. — one of the richest deposits in Canada — is being processed commercially for the first time.Mine owner VenCan Gold (VCG-M) reports that the fi…
High River advances Taparko gold project
High River Gold Mines (hrg-t) has upgraded to 1 million oz. its gold resource estimate for three deposits on the Taparko Shear zone in Burkina Faso.The indicated and inferred resource for the three zo…
Edwards mine grade tops estimates
The Edwards gold mine near Dubreuilville, Ont., will make $5.5 million in profits by the end of August, reports VenCan Gold (VCG-M).Net profits from the mine, which is operated by River Gold Mines (RI…
Activity heats up in Burkina Faso — Juniors busy exploring, Poura mine gets new lease on life
Exploration results from several work programs are confirming the gold potential of Burkina Faso and, at the same time, adding impetus to efforts to revive the dormant Poura gold mine in the West Afri…
Partners confirm mineralization
Drilling by partners Focal Resources (FCJ-A) and Intrepid Minerals (IAU-A) has confirmed gold and silver mineralization at the Barrios property in eastern El Salvador.The program represents the first …
Gold price slows River’s plans
A lower-Than-expected gold price has forced River Gold Mines (RIV-T) to put off some of its development plans.The price was widely expected to rise to the US$400-per-oz. range in 1997 but has instead …
High grades confirmed at VenCan’s Edwards play — Company and former director to meet in court
Underground sampling by VenCan Gold (VCGMm) has confirmed the grade and continuity of two mineralized zones at its Edwards gold project, near Wawa, Ont.The project is being managed by River Gold Mines…
INSIDER TRADING — St. Genevieve Res. buys into subsidiaries
Insider trading reports from recent weeks show that Montreal-based St.Genevieve Resources (SGV-T) increased its shareholding in two of its subsidiaries: Far East Gold (FEGI-C) and KWG Resources (KWG-T…
THE GLOBAL SEARCH FOR GOLD SPECIAL — Junior companies converge on West African prospects
The political and economic reforms sweeping the African continent continue to attract an increasing number of North American gold exploration companies.The yellow metal has been mined in West Africa f…
THE GLOBAL SEARCH FOR GOLD SPECIAL — High River boosts stake in Focal
An agreement with a private Alberta company sets the stage for High River Gold Mines (HRG-T) to increase its equity interest in Focal Resources (FCJ-A).Prior to the agreement, High River held 1.05 mil…