Cambior buys Barrick’s share of Doyon mine
Cambior (CBJ-T) has announced plans to buy out Barrick Gold’s (ABX-T) interest in the Doyon mine in Bousquet Twp., Quebec, and combine the operation with its wholly owned Mouska mine.The Montreal-base…
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AFRICA — Nevsun expands reserves in Africa
Nevsun Resources (NSU-T) continues to increase reserves in Mali and Ghana, where it has established an overall primary resource of 2.5 million oz. gold.Nevsun first ventured into West Africa in 1993, …
AFRICA — Rupert tests South African pipe
A deep-seated multi-phase kimberlite pipe at the former-producing Crown diamond mine in South Africa is the target of a 7-hole, 5,000-metre program of delineation drilling by Rupert Resources (RUP-V)….
AFRICA — McVicar explores in Sudan
Toronto-based McVicar Minerals (MVR-A) intends to buy the Shulai gold property in Sudan.The company plans to issue 400,000 shares to the property owner, Dongling Holdings Hong Kong, which, in turn, ha…
AFRICA — Banro continues work at Twangiza in DRC
Banro Resource (BNRS-C) has recovered two more long, low-grade gold intersections from an exploration program at its Twangiza gold deposit in Kivu province of the Democratic Republic of Congo.Hole 4, …
AFRICA — Tenke looking to majors for Fungurume funding — Government terminates bid for Kolwezi tailings
Tenke Mining (TNK-T) has opened a library in London, England, to showcase information pertaining to its Tenke Fungurume copper deposit in Africa.The library, or data room, is open only to major compan…
STOCK MARKETS — Western markets regain some strength — Drill results keep Cross Lake hopeful; Winspear makes headway at Snap Lake
The Vancouver Stock Exchange composite index finished the report period ended Jan. 20 up 14.86 points, or 2.6%, at 594.06. The mining index closed at 489.72, a gain of 19.51 points, or 4.1%. The combi…
COMMENTARY -‘I had a mine in Africa…’
.BJohn ThompsonFor those seeking new challenges beyond the normal logistics of mining in remote regions, sub-Saharan Africa may be the place to go. The bounty of Africa’s mineral wealth is undisputed,…
PEOPLE — TOTEM MINING (January 26, 1998)
Robert Woodfill and Joseph Montgomery appointed directors.
AFRICA — Golden Knight sees bright future for projects in West Africa — Development at Tarkwa nearly complete
Although its work in the Night Hawk Lake area of Ontario has attracted more attention of late, Golden Knight Resources (GKR-T) holds an impressive portfolio of gold properties in far-off Burkina Faso …
AFRICA — NAR, Falco explore VMS targets in Zimbabwe
Since the summer, Toronto-based NAR Resources (NRL-M) has been funding a polymetallic exploration program operated by Falconbridge (FL-T) in the Archean greenstone belts of Zimbabwe.The program has be…
AFRICA — Southern Africa Minerals on diamond trail
Recent sampling by Southern Africa Minerals (SAF-T) points to the existence of a new kimberlite field on its Mosomane properties, in southeastern Botswana.The Mosomane licences straddle a northeast-tr…