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First Dynasty fails to secure Indonesian mine

Indonesia’s state-owned mining company, Aneka Tambang, has decided to include the Gunung Pongkor gold mine in its initial public offering planned for later this year.As a result of this decision, Anek…


PEOPLE — ADDWEST MINERALS

James Houston appointed chairman; Charles Williams appointed president and chief executive officer; William Buchan appointed chief financial officer; Allan Marter, David Rennie and George Brazier appo…


High River sizes up Taparko gold property

Diamond drilling by High River Gold (HRG-T) has extended the strike lengths of two gold zones on the Taparko property in Burkina Faso, West Africa.By spending US$5.9 million on exploration over four y…




LATIN AMERICA — Rhodes incorporates new company

In order to focus on its Central European gold projects, Rhodes Mining (RHO-V) has incorporated a new company, Hyperion Resources (soon to be listed on the Vancouver Stock Exchange) to hold its Cuban …


Rift cleared to explore Ugandan property

Junior Rift Resources (RIF-V) has been granted a second exclusive prospecting licence in Uganda.The new licence covers 3,374 sq. km, bringing the area of Rift’s licensed holdings in the country to 10,…


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