A rights offering is expected to generate proceeds of $3.3 million for Redaurum (RRK-T), to be used, in part, to expand diamond operations in North America.The company plans to expand its Kelsey Lake …
At its Campo Morado property in Mexico, Farallon Resources (FAR-V) has uncovered a new, metals-rich massive sulphide deposit.Dubbed South Naranjo, the deposit was discovered during a drill campaign on…
Quebec’s ministry of natural resources has published 20 new geological maps based on geographical information system (GIS) technology.The System d’information Gominiere a rfrence spatiale (SIGOM) will…
The Busang gold deposit in Kalimantan continues to interest major mining companies, despite uncertainty related to the status of negotiations between the deposit’s owner, Bre-X Minerals (BXM-T), and s…
The current success of the mineral industry in the U.S. would not be possible were it not for the co-operation of Canadian financial institutions, according to Douglas Silver, a mineral economist with…
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In 1961, I moved from a small town in Nova Scotia to the vibrant community of Red Lake, Ont.On my first morning on the job at the Madsen Red Lake gold mine, I was sent into town to receive a chest X-r…
The Mineral Economics and Management Society (MEMS) will hold a conference from Feb. 27 to March 1 in Boulder, Colo.Speakers scheduled to address the conference include: Robert Waline of the Environme…
The U.S. Geological Survey has compiled a set of eight computer software packages previously released by the now-defunct Bureau of Mines.The software, available on CD-ROM, includes prefeasibility spre…
The International Committee for Coal Research will host a conference from Sept. 9 to 12, 1997, in Calgary, Alta.The session will examine the latest developments in the production, transportation and u…
A private placement has provided proceeds of $5 million for Sonora Gold (SON-T), a junior company which, through subsidiaries, owns and operates a diamond mine in South Africa.The company will use the…
The recent acquisition of Armsec International provides AmCan Minerals (AMF-V) with additional diamond properties in Sierra Leone and Liberia.The acquisition also includes mining equipment valued at $…
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