Toronto-based Indocan Resources (IDCN-O) has wrapped up its acquisition of Prodigy Resources.The deal was sealed upon the issue by Indocan of 15 million new shares to Prodigy shareholders. Indocan has…
Pursuant to its takeover of an affiliated company, Rayrock Yellowknife Resources (RAY-T) has amalgamated Irish-based subsidiary Rayrock International Finance.Both Rayrock International Finance and Min…
In our June 1-7 issue, we stated that First Dynasty Mines (fdm-t) already owed US$5 million to Ivanhoe Capital Finance when it borrowed another US$4.5 million from that company. The previous loans act…
Concerned that Homestake Mining (HM-N) has made a low-ball bid for the 49.4% interest of Prime Resources Group (PRU-T) that it does not already own, several shareholders spoke out against the offer at…
Stepout drilling on the Alumbre zone continues to suggest to Gitennes Exploration (GIT-T) the existence of significant exploration upside on the Virgen property in north-central Peru.The company relea…
The merger deal between Triton Mining (TTM-T) and Black Hawk Mining (BHK-T) has closed.The two companies had agreed earlier this year to amalgamate, share-for-share, with Triton becoming Black Hawk’s …
Junior Stratabound Minerals (SB-A) has calculated a resource for the past-producing Sierra Azul lead-zinc property in Mexico’s Coahuila state.A preliminary resource of 700,000 tonnes grading 9.22% zin…
A second batch of microdiamond results from Ashton Mining of Canada’s (ACA-T) winter reconnaissance drilling program on the Buffalo Hills project in north-central Alberta has shown kimberlite K-11, on…
Toronto-based McVicar Minerals (MVR-A) has signed a letter of intent with a Chinese government agency to explore the producing Xiaojin gold property in southwestern China.The small open-pit, heap-leac…
Montreal-based Noveder (NED-M) has begun new drilling campaigns on several of its gold properties in Quebec and Newfoundland.* Abitibi — At the Abitibi project, near Val d’Or, Que., drill crews are e…
Rumors of a potential breakup in ownership of the producing Klipspringer diamond project in South Africa’s Northern Province are unfounded, says SouthernEra Resources (SUF-T).The embattled company’s l…
Infill drilling at the Taparko property of High River Gold (HRG-T) has confirmed the structural continuity of the gold deposit in zones 3 and 5.The recently completed 21-hole drilling program forms pa…
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