News


Zambian Copper belt rebounds

Once a copious producer of copper, Zambia has fallen on hard times of late. In 1999, the country’s output totalled just 260,000 tonnes — a far cry from the historic annual peaks of 700,000 tonnes bet…


RJK, Lenora set to drill Stares

Geophysical surveys, surface prospecting and trenching have outlined a target area for drilling at the Stares zinc-copper property, west of Thunder Bay, Ont.Partners RJK Explorations (RJX.A-V) and Gre…


Ntotoroso resource grows

Drilling by partners Moydow Mines International (MOY-T) and Normandy Mining (NDY-T) at their Ntotoroso gold property in western Ghana has expanded the resource beyond 2 million oz.Resources now stand …


The 12% Superfund

In his book Earth in the Balance, Al Gore takes credit for his role in establishing the Superfund program, administered by the U.S. Environmental Protection Agency (EPA). During the election campaign,…



Gold vanishes into thin air

Denver — A shipment of unrefined gold from the West African nation of Benin was recently reported missing at Chicago’s O’Hare International Airport, according to an Associated Press report.The gold, …


Western Mining eyes Olympic Dam expansion

Denver — Western Mining (WMC-N) is evaluating options to expand copper production at its giant Olympic Dam mine in South Australia.The board of directors has given the green light to engineering work…


Anatolia to drill four prospects in Turkey

Denver — Anatolia Minerals Development (YMC.U-V) is preparing to launch four drilling programs in Turkey.Among these will be a US$350,000 program with partner Rio Tinto (RTP-N) at two copper-gold por…


Bema gets squeezed by senior partners

Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …


Exall, Glimmer make amends

Partners Exall Resources (EXL-T) and Glimmer Resources (GME-V) are resolving a 3-year-old dispute over the Glimmer gold mine in northern Ontario.The two have signed a heads-of-agreement, details of wh…


Golden Phoenix buys mine

Denver — Reno, Nev.-based Golden Phoenix Minerals (GPXM-O) has succeeded in its bid for the Mineral Ridge mine in southern Nevada.To acquire the past-producer from federal bankruptcy court, the junio…


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