Quebec Explorers trades as QEX Res.
Following a 1-new-for 5-old-share consolidation and a name change, Quebec Explorers has been re-listed as QEX Resources (CDN). QEX holds interests in six properties, three of which have a mineral inve…
News
MINING IN AFRICA SPECIAL — InterStar in production at Tambao
The Tambao manganese deposit in Burkina Faso contains proven reserves of more than 15 million tonnes (including about 600,000 tonnes of minable talus, or float, ores) grading 51.45% manganese, says In…
NEWS IN BRIEF (February 06, 1995)
Castle Minerals (CTN:VSE) has changed its name to Castle Rock Exploration (CTP:VSE) on a 1-new-for-2-old-share basis.
Foreign expansion planned — Viceroy to acquire stake in MK
A recent agreement will allow Viceroy Resource (TSE) to increase its position in the Castle Mountain open-pit gold mine in southeastern California. Under the arrangement, Viceroy will acquire 9 millio…
MINING IN AFRICA SPECIAL — Gold is Ivory Coast’s main
Gold is the primary target of interest to North American-based companies active in Ivory Coast. The country’s Birimian rocks, as in Ghana and Burkina Faso, host gold deposits in quartz veins, lensoid …
MINING IN AFRICA SPECIAL — Gold production in South Africa
Gold output in South Africa in 1994 fell to an estimated 587 tonnes, its lowest level since 1958, Gold Fields Mineral Services of London reports. The decline was spread throughout the year, although t…
MINING IN AFRICA SPECIAL — Examples of geochemical
Regional geochemical soil surveys in West Africa have led to the discovery of many mineral deposits. Some of the major mineral deposits found in Mali, Burkina Faso and Niger with geochemistry include …
MINING IN AFRICA SPECIAL — Burkina Faso’s gold potential
West Africa’s Burkina Faso had a record year in 1994. And with any luck, 1995 will be even better, with the continuation of a gold exploration boom which analysts say could soon lead to a significant …
Green light for Kazakh project
The government of Kazakhstan has given the go-ahead for the Leninogorsk gold tailings project, a joint venture between Goldbelt Resources (VSE) and state-owned Leninogorsk Polymetallic Combinat. The p…
NEWS ROUNDUP — Unit of Mazarin affiliate to close
The indefinite suspension of the BC-Beaver operation — one of three units operated by LAB Chrysotile — will not affect the earnings of affiliated Societe d’Exploration Miniere Mazarin (ME). The susp…
MINING IN AFRICA SPECIAL — Channel meets with early success
Although still in the early stages, mineral exploration undertaken by Channel Resources (TSE) in Burkina Faso has met with considerable success. The company formed joint ventures on three large conces…
PEOPLE — URANIUM RES. (February 06, 1995)
Oren Benton appointed chairman and chief executive officer; Wallace Mays appointed chief operating officer.