Viceroy sinks debt, focuses on Africa
With a prepaid shipment of gold from the Castle Mountain mine in northern California, Viceroy Resources (TSE) has eliminated its gold loan 14 months ahead of schedule. The shipment amounted to about 9…
With a prepaid shipment of gold from the Castle Mountain mine in northern California, Viceroy Resources (TSE) has eliminated its gold loan 14 months ahead of schedule. The shipment amounted to about 9…
The purchase of a Mexican company provides Metallica Resources (CDN) with exposure to the famous Cerro San Pedro mining district. The Toronto-based junior now holds options to buy 25 concessions, tota…
Following a court ruling in their favor, Newmont Gold (NYSE) and its Peru-based partner, Buenaventura, will increase their ownership of the Yanacocha gold mine. The move comes after an attempt by Bure…
Partners Cominco Resources International (TSE) and Rio Amarillo (VSE) report that drilling is progressing on their Chachacomiri silver project near Potosi, Bolivia. Two diamond drill holes have been c…
In southwestern Ghana, Opawica Explorations (TSE) is carrying out field work on two reconnaissance licences. Soil sampling is under way on the northeastern portion of the 1,500-sq.-km Enchi-Wiawso pro…
Plans to acquire a copper-gold project in Honduras are not likely to cause Tombstone Exploration (TSE) to shift its focus away from Venezuela. The Vancouver-based junior holds several properties in th…
A miner was killed and another injured in an underground explosion involving methane gas at the Copper Rand mine of copper-gold producer MSV Resources (ME) at Chibougamau, Que. Rene Gauthier, 46, died…
Diamond drilling has outlined a high-grade gold resource at the Fairview property in the southern Okanangan Valley of British Columbia. The 28-hole program, which totalled 12,707 ft., was carried out …
As a part of ongoing restructuring, Freeport- McMoRan Copper & Gold (NYSE) is divesting itself of many of its non-mining assets in Indonesia. In doing so, the Reno-based company hopes to be able to co…
Three senior officers of Hemlo Gold Mines (TSE) were granted options in February. According to the Ontario Securities Commission’s OSC Bulletin, senior officer Ian Atkinson was granted 17,500 options …
Alex Bisset elected president.
Cecil Andrus appointed director.
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