1998

Rex reports discovery in Mauritania

A sampling program by Rex Diamond Mining (RXD-T) has resulted in the discovery of two diamonds found in two samples at the El Hammami lease in northern Mauritania.The samples were taken as part of a s…




LATIN AMERICA — NAME CHANGE

Lone Star Exploration (LSE-V) has changed its name to Masmindo Mining (MME-V) on a 1-new-for-10-old-share basis.




Sutton seeks funds for Tanzanian gold project

Three inauspicious factors — an 18-year low in the price of gold, the bombing of the U.S. embassy in Tanzania and the ongoing conflict in war-torn Democratic Republic of Congo — contributed to the r…


Claude cuts costs at Seabee

A cost-cutting program has enabled Saskatoon-based Claude Resources (CRJ-T) to report a 25% reduction in operating expenses at the Seabee gold mine in the La Ronge district of northern Saskatchewan.Th…


LATIN AMERICA — Magna solidifies holdings

Junior Consolidated Magna Ventures (CMV-V) has earned a majority interest in the Koala I property in Mexico’s Chihuahua state.The Vancouver-based company now owns a 70% interest in the 990-ha property…


Kimberlite eludes partners

No kimberlite was found during recent diamond drilling on the Kikerk Lake project, 500 km north of Yellowknife, N.W.T.Condor International Resources (COD-V) completed 11 core holes totalling 549 metre…


Record gold production for Normandy

Australia’s largest gold miner broke several production records during its recently completed fiscal year.For the year ended June 30, 1998, Normandy Mining (NDY-T) produced 1.4 million attributable ou…



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