Shares of Australian-based Black Hill Minerals and Strategic Industry Investments will be exchanged for shares of Cliff Resources (TSE). Although the exchange ratios have not been determined, the dire…
The first hole drilled by partners Sharpe Energy and Resources (VSE) and Freewest Resources Canada (TSE) on their Horseshoe property in Wisconsin has yielded a significant base metal intersection. Hol…
Drilling of the western extension of the Big Gossan copper-gold deposit in Indonesia has returned high-grade values for Freeport-McMoRan Copper & Gold (NYSE). Situated 1 km from the company’s mill on …
The promise of political and economic reforms in Brazil has put the spotlight on newly listed Santa Elina Gold (TSE), a junior company which has been exploring and developing gold mining properties in…
A previously announced agreement involving the Bilpraw gold concession in central Ghana has closed. The deal allows Mutual Resources (VSE) to earn a 55% interest in the concession by paying $75,000 an…
Reno-based Santa Fe Pacific Gold (NYSE) has leased two gold properties in Nevada’s Carlin Trend from Minefinders (VSE). The Gutsy and BM properties are about 2 miles northwest of the Rain gold mine. S…
J. Cook appointed president.
Two arm’s-length private placements are intended to raise $640,000 for Scintilore Explorations (TSE). The placements consist of 1.6 million shares priced at 40 cents each, with warrants entitling the …
Convinced its share price is undervalued, Adrian Resources (TSE) plans to acquire up to 1 million shares of its capital stock through a normal course issuer bid. Adrian’s major asset is its interest i…
Following a recent change of government in the former Soviet republic of Tajikistan, Gulf International Minerals (VSE) has confirmed its joint-venture agreements on several properties. Gulf can earn a…
The outstanding issues hindering development of the Lihir gold deposit in Papua New Guinea (PNG) are being resolved, according to 20% participant Niugini Mining. Nuigini is held about 56% by Battle Mo…
The owner of Diamond Indicator Processing, Roy Saukko, died unexpectedly at his residence in Thunder Bay, Ont. He was 59. Saukko was born in Toronto and later attended the University of Toronto. He wa…
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