News

More than $4 million in working capital will be applied by Chesbar Resources (CBI-M) to its Anacoco gold project in Venezuela’s Bolivar state.Chesbar holds a 100% interest in two concessions totalling…

The Vancouver Stock Exchange composite index managed to rise 16.12 points to close at 1178.39 over the report period Dec. 30-Jan. 7, despite dropping 19.35 points from the resource index, which finish…

Drilling at the Nama copper-cobalt project in northern Zambia continues to outline additional mineralization.Operator Caledonia Mining (CAL-T) is investigating two anomalies, one of which, Anomaly A, …

Montreal-based junior Golden Gram Resources (GRA-M) will begin prospecting its Manyima-Bakoudou gold property in the African nation of Gabon.Funding for the work was obtained through a $3-million fina…

Miranda Mining is not yet listed on any stock exchange. Miranda Industries trades in Vancouver under the ticker symbol MAD. Incorrect information appeared in our issue of Dec. 30, 1996.

D.B. McLeod appointed president and chief executive officer; and Donald McLeod appointed chairman.

Nizar Bharmal appointed director.

Ray Larson appointed director and Dev Randhawa appointed vice-president of finance.

Michael Ross, Ryan Hanson, Souhail Abi Farrage and Glen Macdonald appointed directors.

Believing there is potential to double the current resource of 220,000 contained ounces, Energold Mining (EGD-V) has embarked on a minimum 50-hole drill program on the Higo gold concession in the Domi…

George Plewes appointed director.

Coeur d’Alene Mines (CDE-N) and Australian-listed Sons of Gwalia are selling the Indonesian asset of Gasgoyne Gold Mines, an Australian-based company they are in the process of acquiring.Gasgoyne will…