1998

Ecuadorian consolidates holdings at Gaby

Zappa Resources (ZPA-V) is set to deal its interest in the Gaby gold deposit in southern Ecuador to Ecuadorian Minerals (EMC-T).In a deal valued at US$1.6 million, Ecuadorian would take sole interest …


Ashanti poised for further growth

In early 1997, mining analysts from the London branch of Banque Paribas estimated that it would be a year before the benefits of a restructuring undertaken by Ashanti Goldfields (AHD.U-T) would be fel…


MINING IN CANADA — VenCan wins mine lawsuit

A judge has dismissed a company’s allegations that VenCan Gold (VCG-M) wrongfully dealt a 50% interest in production from the Edwards gold mine near Dubreuilville, Ont., to River Gold Mines (RIV-T).Ex…




U.S. MARKETS — Dow follows gold’s decline

The Dow Jones Industrial average was down over the April 22-28 report period, closing at 8,898.96 on fears of higher interest rates in the bond market. The Dow slipped 285.98 points (or 3.1%), includi…


Anmercosa tests targets

Anmercosa Exploration, a subsidiary of South African-based Anglo American, has defined five gold exploration targets in Tanzania from a database provided by joint-venture partner Serengeti Diamonds (S…





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…



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