Holders of special warrants issued by Australian-based Golden Shamrock Mines (TSE) will be issued 7.5% convertible debentures. The offering has a total face value of US$25 million.Golden Shamrock will…
Reverse-circulation drilling will commence at the Dunkwa gold property in the Obuasi gold belt of Ghana.Birim Goldfields (CDN) has contracted an initial 2,000 metres of testing on the Mampon occurrenc…
The new president of Minefinders (VSE) expects drilling will begin this September on La Bolsa, a gold property in Mexico’s Sonora state.Mark Bailey, who is also a geologist, heads up a new management …
The British Columbia government and Geddes Resources (TSE) have resurrected a compensation agreement for the 1993 expropriation of the Windy Craggy copper deposit in the northwestern corner of the pro…
Trading activity on the western markets has succumbed to the summer doldrums. The markets’ enthusiasm for the Voisey Bay nickel-copper-cobalt play in Labrador has dampened, with investors assuming a w…
The necessity of interpreting new exploration data for the Turquoise Ridge deposit in northern Nevada will delay completion of a prefeasibility study.FirstMiss Gold (NASDAQ) reports that new data on 1…
Employees at the Faro mine in the Yukon are currently not members of a union, although the United Steel Workers of America has petitioned the Canada Labour Relation Board to review its jurisdiction ov…
Two private investors have purchased $1.5 million, and Echo Bay Mines (TSE) has purchased $2.7 million in common shares and warrants, in Etruscan Enterprises (VSE).The placement enables Etruscan to co…
Mining companies may be familiar with the competitive nature of business, yet many governments are not. However, this would appear to be changing, as an increasing number of countries are now competin…
An option on the Douay gold deposit near Joutel, Que., has been dropped by Cambior (TSE). The agreement had required Cambior to finance development of the deposit to earn a 50% interest from Vior Mini…
In a stock swap valued at about US$162 million, Homestake Mining (NYSE) plans to assume sole ownership of its Australian subsidiary.The company will exchange 9.8 million shares of its common stock for…
In the Matagami region of northern Quebec, Normabec Mining Resources (ME) is exploring for nickel-copper sulphides and precious metals.Normabec entered an agreement with Soquem to acquire an interest …
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.