American copper giant Cyprus Amax Minerals (CYM-N) has optioned the Chimborazo property in Chile to Inmet Mining (IMN-T) and Agate Bay Resources (ABE-V).The option agreement permits Inmet and Agate Ba…
A drill program will be carried out on Prism Resources’ (PRN-V) newly optioned gold property in Nevada’s Battle Mountain trend.The land package consists of 13 unpatented claims, about 22 miles southea…
Quebec-based Espalau Mining (EPU-M) has acquired options on two gold properties in Ecuador, and a third in Chile.In Ecuador, Espalau has the option of earning a half interest in two producing concessi…
Higher exploration and administrative costs, combined with a writedown of the Comidok property in West Africa, have resulted in a third-quarter loss for Golden Knight Resources (GKR-T).While revenue l…
With drilling programs under way in three countries, Diadem Resources (DIR-M) expects to be generating a steady stream of results from base metal projects in Quebec, a diamond project in California an…
Though it has captured more attention with its involvement in the Mazenod Lake play in the Northwest Territories, Avalon Ventures (AVL-V) holds a portfolio of properties that play directly to the comp…
At a time when it is expanding its land holdings in Burkina Faso, West African Mining (SMF-E) is also drilling its Teleku-Bokazo gold property in neighboring Ghana.The Quebec-based junior can acquire …
Australian-based resource companies have watched with envy as their North American counterparts raised millions of dollars to acquire and explore mineral projects in every corner of the globe. Now, so…
Toronto-based Barrick Gold (ABX-T) will take over a 50% interest in the Ligneris gold project in northwestern Quebec. The interest is currently held by Placer Dome (PDG-T).Barrick plans to launch a $5…
Junior explorer Redbird Gold (RBD.A-A) has set a date for its shareholders to consider the takeover of two Albanian mining companies. In the meantime, the trading of Redbird’s shares has been halted b…
Slovakia, the small Eastern European country whose gold production helped finance the various empires to which it belonged over the centuries, still has much gold to offer. Now, with the Warsaw Pact d…
As diamond drilling continues to explore the huge Bulyanhulu gold deposit in Tanzania, Sutton Resources (STT-V) has started an independent study of underground development.Sutton holds an 85% interese…
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