Diamond sales from North American and African operations generated $8.1 million for Redaurum (RRK-T) in 1996, representing a 219% increase over 1995 revenue of $3.6 million.The Toronto-based company s…
Burnaby, B.C.-based Fancamp Resources (FNM-V) has added a sixth prospecting licence to its holdings in Botswana’s Kalahari Suture area.The 7,400-sq.-mile Okwa licence, which is near the Namibian borde…
An exploration program by Hyder Gold (HGI-V) will test the wholly owned Kampti permit in southwestern Burkina Faso.This year’s program will follow up encouraging results from a sampling program that t…
Toronto-based IBI Corporation (IBIC-C) has signed an agreement to acquire a private Ontario company that holds 77% of a gold project in Ghana, West Africa.Based on the results of a feasibility study b…
The historic silver camp at Cobalt, Ont., is seeing renewed exploration activity, with Falconbridge (FL-T) optioning property held by Agnico-Eagle Mines (AGE-T).Falconbridge is exploring copper-zinc s…
Calgary-based Canadian Mountain Minerals (CYM-A) and Kelowna-based Goldtex Resources (GXR) are encouraged by initial results from their gold-prospecting efforts in northwestern Yemen.The juniors are p…
Dong Bi appointed director.
Robert Cogliandro appointed president.
Gold Funds as of January 23, 1997BGRCentralNet Value$21.39$5.78Price$16.75…
A private placement has enabled Greenhope Resources (GRH-M) to raise just over $500,000 to fund exploration work in Mozambique.The major participant in the financing was Trillion Resources (TLQ-T), Gr…
Diamond drilling by Ashanti Goldfields (AHD.U-T) is about to begin on the Nassile property in Niger.The African gold producer can earn up to a 60% interest in the joint-ventured project from Royalstar…
An exploration program by the African subsidiary of Ashton Mining will test the diamond potential of the Kenieba project in Mali, West Africa.The project is 49% held by Vancouver-based Mink Mineral Re…
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