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 …
News
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 — Melkior, Trillion busy in Republic of Congo
In partnership with state-owned mining company Gecamines, Trillion Resources (TLQ-T) and Melkior Resources (MKR-M) will continue exploring the Likasi property in the copper belt of the Democratic Repu…
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…
AFRICA — Orezone cuts gold at Intiedougou — Magnetics, radiometrics useful in mapping host rocks
Drilling at the Intiedougou property in western Burkina Faso has uncovered promising gold mineralization in unweathered rock below known oxidized gold mineralization.Tropical weathering in West Africa…
AFRICA — Mining at Turk to see light of day
Casmyn (CMYN-O) will take operations at its Turk gold mine in Zimbabwe above ground.Traditionally, the Turk mine has produced gold from narrow high-grade veins, but detailed drilling and computer mode…
AFRICA — DiamondWorks plans second mine
In terms of natural resources, Angola is one of Africa’s richest countries.As a result of the country’s history of civil strife, however, those potential resources have gone largely undeveloped.Vancou…
NEWS IN BRIEF (January 26, 1998)
Terragold Exloration (tgr-v) has changed its name to Terramin Resources (tgr-v).
AFRICA — Hartley mine ships PGM’s
The Hartley platinum mine in Zimbabwe is expected to reach full production by the end of 1998, reports operator Broken Hill Proprietary.The Australian-based company made its first shipment of platinum…
METAL PRICES (January 26, 1998)
BASE METALS (London Metal Exchange-Midday bid/ask prices in US$ per tonne)DateJan. 20Jan. 19Jan. 16Jan. 15Jan…