South African-based JCI has formed a joint venture with Patrician Gold Mines (PXX-A) to explore the Homasi property in Ghana.JCI will earn 60% of Patrician’s 90% interest in the property by spending $…
Aluminium: LME settlements US$1,653 per tonne, alloy $1,455 per tonne (Sept. 23/97).Antimony: Composite free market, US$1,910 per tonne (Sept. 23/97).Bismuth: Composite free market US$3.40 per lb. (Se…
Montreal-based KWG Resources (KWG-T) has acquired a half interest in the Mnogoverchinny (MG) gold mine in far eastern Russia.Situated in the Khabarovsk region, the mine contains proven and probable re…
A work program by Sahelian Goldfields (SHGI-C) is adding to the resource potential of the Poura mine, a past producer of more than 600,000 oz. gold in Burkina Faso, West Africa.The company says recent…
The cramped, creaky cage that lowers miners to the depths of Avgold’s Sheba mine is a potent reminder that the Barberton area of South Africa is one the world’s oldest gold camps. For more than 100 ye…
Interfax News Agency reports that two Canadian companies are vying to become involved in the Amantaytau Goldfields joint venture, which was set up to mine the Amantaytau and Daugistau gold deposits in…
Toronto-based junior European Gold Resources (EGRI-C), through its wholly owned subsidiary, Omagh Minerals, intends not only to open Ireland’s first modern-day gold mine, but also to market its produc…
Partners Southwestern Gold (SWG-T) and Global-Pacific Minerals (GPJ-V) have agreed to explore a large land package in the southern part of China’s Inner Mongolia Plateau.The companies signed their agr…
Getchell Gold (GGO-X) has increased by nearly 1 million oz. the resource at its Turquoise Ridge gold deposit in northern Nevada.The boost, which weighs in at 990,000 oz., comes from two new mineralize…
Dia Met Minerals (DMM-T) and its partners are hot on the trail of diamonds in Greenland.Since June, joint-venture partners Dia Met, Canadian Mountain Minerals (CYM-A) and private Australian firm Quadr…
Everyone likes a happy ending, and Coeur d’Alene Mines (CDE-N) is attempting to pen its own as it prepares to cease production at the Golden Cross mine in New Zealand following the operation’s most pr…
Following an extensive drilling program, California-based Global Diamond Resources (GDRS-O) has increased the resource at its Grasdrift alluvial diamond project in South Africa.The company lifted the …
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