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Samax, Shiega renegotiate Nkroful development plans

Samax Gold (SMX-T) has begun drilling to test a high-grade vein system at its Nkroful gold project in southern Ghana.The company can earn a 65% interest in the project from Shiega Resources (SHG-V) by…


Russian gold production soaring

Between January and April, Russian gold-mining enterprises produced 14.13 tonnes of gold, up from 11.82 tonnes in the corresponding period of 1997.Russia’s economics ministry has set a production targ…



Nord doubles gold resource

By relying more heavily on higher-grade sulphide mineralization, Nord Pacific (NPF-T) has doubled the gold resource at the Simberi Island project in Papua New Guinea.The company now pegs the deposit’s…




Tri Origin begins drilling at Calarie gold property

Drilling has begun on the Calarie joint-venture gold property, held equally by Tri Origin Exploration (TOE-T) and Delta Gold of Australia.Work at the property, which lies 300 km northwest of Sydney, A…





Key recommendations of the task force

* A “Qualified Person” must sign off on all corporate disclosures by mineral exploration companies.The report defines “Qualified Person” (QP) as a licenced professional, regulated by a professional bo…


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