African projects were not ignored by the ten largest spenders of exploration dollars in 1997.A study by Metals Economic Group shows that 10 companies — BHP Minerals, Rio Tinto, Placer Dome (PDG-T), N…
Placer Dome (PDG-T) has announced that its operating company, Minera Las Cristinas (Minca), has decided to suspend mine construction at the Las Cristinas gold property in Venezuela until an ownership …
Poplar Resources (PPX-V) intends to begin a bulk-sampling program at the Aardvark and Barkly West kimberlite fissures in South Africa.The company can earn up to a 60% interest in the diamond projects,…
Pegasus Gold (PGU-X) has lost its fight against the dwindling gold price and filed for bankruptcy protection after unsuccessful appeals for clemency to its major creditors.The company had been in nego…
Financially troubled Anvil Range Mining (ARO-T) has been granted court protection from its creditors by the Ontario Court (General Division).The company will be protected, until Feb. 16, under the Com…
Rex Diamond (RXD-T) has launched an exploration program aimed at finding diamond-bearing kimberlites in the desert of northern Mauritania.The diamond-producing company recently announced the discovery…
Rio Algom (ROM-T) can earn a 60% interest in the Green Bay base metal poperty, held by Major General Resources (MGJ-V) in northwestern Newfoundland.To do so, Rio must spend $3 million on exploration a…
Mar-West Resources (MSR-V) and partner Curion Ventures (CUV-V) are proceeding with a $2-million work program aimed at advancing the Sinter Dome hot springs gold deposit in central Honduras to the feas…
Thunderwood Resources (THS-T) and partner Consolidated Abitibi Resources (CAQ-M) have begun a new program of drilling at the Lew volcanogenic massive sulphide property, 20 km east of Flin Flon, Man.Tw…
The success of the Sadiola Hill gold mine in Mali has prompted other Canadian juniors to take a serious look at the gold potential of the West African nation.Among those companies is Raymor Resources …
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The caption accompanying the front-page photograph on your Jan. 12-18 issue is inaccurate at best, and downright vindictive at worst.If John Felderhof was unaware of the salting scam at Busang, the wo…
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