News

AFRICA — Minorca eyes Ghanaian gold

Best known for its attempt to acquire a stake in the Busang project in Indonesia, Minorca Resources (mar-t) has since shifted its focus to Africa.The Toronto-based junior recently signed an agreement …


Guyanor makes progress in French Guiana

Drilling by Guyanor Ressources (GRL.B-T) has increased the known extent of massive sulphide mineralization at the Paul Isnard project in French Guiana.Guyanor’s objective is to fill in the areas of kn…


AFRICA — NEWS ROUNDUP — Junior seeks diamonds

An agreement with Auridiam Botswana Proprietary sets the stage for M.I.T.Ventures (MVC-V) to earn up to a 60% interest in a diamond concession in northern Botswana.The concession contains five known k…


AFRICA — NEWS ROUNDUP — Ashanti advances Tera

A second-phase program by Ashanti Goldfields (AHD.U-T) will continue to test the Tera gold project in Niger.The African gold producer holds rights to earn 51% of Carlin Resources’ (CLM-V) 90% interest…


AFRICA — New plant for Hymex

Hymex Diamond (HMD-V) has installed an alluvial plant at its Diani diamond project in Guinea, West Africa.The junior says the plant is capable of handling 300 tons of diamondiferous gravel per hour, w…


FACTS ‘N’ FIGURES — Diamonds in Canada

The discovery, in late 1991, of a diamond-bearing kimberlite of apparent economic potential at Point Lake, near Lac de Gras, N.W.T., initiated a staking rush of unprecedented magnitude, mostly in the …


AFRICA — Ace eyes Oboum play

A subsidiary of Vancouver-based Ace Development (AE-V) has signed an agreement allowing Johannesburg Consolidated International (JCI) to earn up to a 60% interest in the company’s Oboum licence in Gha…


AFRICA — Adikann seeks partners for projects

Low gold prices and a lack of investor interest in junior mining stocks have prompted Adikann Goldfields (ADK-V) to seek potential partners to explore its land holdings in Ghana.According to the cash-…


AFRICA — Easton discovers PGMs

Grass-roots exploration by Easton Minerals (em-v) in southwest Angola has led to the discovery of anomalous platinum and palladium, as well as three outcrops bearing sulphide mineralization.The junior…



AFRICA — Aussie firm commissions Damang

Australian-listed Ranger Minerals is commissioning the Damang gold mine in Ghana, a large, open-pit deposit considered to be one of the continent’s top five gold projects outside of South Africa.Produ…



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