Salvadoran joint venture extended
Drilling on El Dorado, a gold project in El Salvador, continues to extend the Nueva Esperanza vein discovery. The project is being explored under a joint venture among three companies: Mirage Resource…
Drilling on El Dorado, a gold project in El Salvador, continues to extend the Nueva Esperanza vein discovery. The project is being explored under a joint venture among three companies: Mirage Resource…
Two officers of Wheaton River Minerals (TSE) sold shares in September and October. According to the Ontario Securities Commission’s OSC Bulletin, President Visco Jutronich sold 102,500 shares at $1.80…
Encouraging gold and base metal values have been uncovered at MH Resources’ Mag Lake property in the Northwest Territories. The company is owned 40% by Noble Peak Resources (ASE), 40% by Dejour Mines …
A subsidiary of Advanced Material Resources (ASE) has acquired a 60% interest in a rare earth oxide plant in East China. The plant, in Jiangyin within Jiangsu province, produces high-value rare earth …
Lower copper prices drove Arimetco International (TSE) to a loss for the nine months ended Sept. 30. A loss of US$2.7 million on sales of US$15.2 million was reported for the period. This compares to …
Toronto-based Holmer Gold Mines (ASE) has entered agreements with two investors to raise up to $1.3 million. The first private placement with MVP Capital (TSE) is for 1.2 million units at 30 cents eac…
Following a Venezuelan Appeal Court’s decision on a lawsuit regarding ownership of the Brisas property, shares of Gold Reserve (TSE) climbed to record 52-week highs. Shares were trading at $20.25 at p…
Infill drilling at Manitoba’s Puffy Lake gold mine should be under way by January, reports Pioneer Metals (TSE). The mine, northeast of Flin Flon, has been closed since 1989 and Pioneer hopes to retur…
Placer Dome (TSE) and Virginia Gold Mines (ME) have agreed to explore and develop various projects in northeastern Quebec. The terms of the agreement are as follows: * Placer will fund all expenditure…
Junior Spirit Lake Explorations (ME) has completed two of three previously announced private placements for a gross amount totaling $300,000. Proceeds will go toward exploring the LaSalle concession i…
The industrial minerals industry in British Columbia will receive promotional help from the provincial government. “British Columbia produces about 20 different industrial minerals and could produce a…
Canadians have made progress but still have a long way to go when it comes to exploiting diamonds, according to two analysts who spoke at the recent Manitoba Mining, Minerals and Petroleum Convention….
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