News

Agreements to explore three large gold concessions in Burkina Faso gives Channel Resources (VSE) control of 5,700 sq. km of ground in West Africa. The company can earn up to a 95% interest in the SOMI…

Bid Ask SOUTH AFRICA (US$) Anglo Amer S.A. 44.00 44.50 Cons Modderfontein 0.18 0.26 Debeers Cons 21.50 21.75 Driefontein Cons 12.25 12.50 Freestate 15.00 15.25 Kloof Gold Mining 11.00 11.25 Rustenburg…

Mining does have a future, says longtime industry player Sir Ian MacGregor. Addressing a recent luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Petroleum (CIM), MacG…

— Week — Dec 21 Dec 20 Dec 17 Dec 16 Dec 15 High Low Composite”300″ 4214.73 4223.64 4223.58 4216.17 4225.58 4236.79 4205.53 Metals&Minerals 3415.28 3414.16 3367.10 3409.92 3404.77 3438.89 3344.83 In…

Junior Noramco Mining (TSE) can earn a 21% interest in Nevada’s Pamlico gold property from Cactus West Explorations (VSE). In return, Noramco must spend US$825,000 by April 30, 1996. Cactus West has a…

A wholly owned Tanzanian subsidiary of Trillion Resources (TSE), Silobela Resources, has been granted a licence to explore for gold in northwestern Tanzania. The 1213-sq.-km concession is in the Seken…

Exploration of the Romanet project in the Quebec portion of the Labrador Trough has yielded interesting results for owner Virginia Gold Mines (ME). The property, 190 km north of Schefferville, is next…

This was the year the world came knocking on Canada’s mining door. Representatives from countries around the globe came to entice Canadian explorers abroad. They came for our mine-finding and mine-bui…

Ashgrove Energy (ASH:ASE) has changed its name to Ashgrove Energy (ASG:ASE) on a 1-new-for-6-old-share basis.

A second phase of work is planned for the NCJ gold concession in east-central Venezuela. A 1993 program by owners Nucore Resources (VSE) and New Aegis Resources (VSE) focused on geochemical and geophy…

An affiliate of Heath & Sherwood Drilling (1986), Heath & Sherwood International of Willowdale, Ont., has formed a joint venture with Geominera S.A. to provide contract exploration drilling services f…

Having moved ball mills onto its Costa Rican gold property, Green Line Business Stores (CDN) expects to begin production. The company is planning 60-day production test at 100 tons per day. It also pl…