Bulgaria seeks venture partners
Following the example of its neighbors in eastern Europe, Bulgaria is moving to a market economy. Its state-owned mining research and technology company, Niproruda, is in the process of being privatiz…
Following the example of its neighbors in eastern Europe, Bulgaria is moving to a market economy. Its state-owned mining research and technology company, Niproruda, is in the process of being privatiz…
The recent restructuring of Breakwater Resources (TSE) has contributed to an improved bottom line, as have cost control measures and improved metal prices. The company owns 49% of a gold mine in Washi…
Additional funding was recently secured by Kookaburra Gold (VSE) for feasibility work on the Longshot Ridge copper-oxide project in Nevada. Kookaburra’s principal shareholder, Australia-based Xenolith…
An agreement with Consolidated Shoshoni Gold (VSE) to acquire a 50% interest in Shoshoni’s Transmitter Hill gold property in Utah has been entered into by Goldstack Resources (VSE). The property is ad…
Despite some delays and setbacks, St. George Metals (VSE) recently poured its initial dore from pilot plant facilities at the Dean mine in the Battle Mountain district of Nevada. The Houston-based com…
Parts distributor Mining and Allied Supplies (Canada) says it has filed for an initial public offering of up to six million units consisting of one common share and one common share purchase warrant. …
Toronto-based Deak Resources (TSE) recently signed two deals designed to secure future feed for its Kerr mill at Virginiatown, Ont. In Quebec, the gold miner has negotiated an option-royalty agreement…
There is an opportunity for Canada’s Constitution “fixers” to make the proposed new Senate truly representative of the country’s regions. But if they stop at simply giving provinces equal representati…
The Little Giant gold-copper property in Arizona has been purchased by Goldstake Explorations (TSE). The purchase price was US$200,000 in cash, and a 2% gross production royalty with a minimum royalty…
The mineral potential of Utah is being given serious attention by Centurion Mines (NASDAQ), now the state’s largest holder of precious metals properties. The most recent acquisition was a 25% undivide…
In a bid to raise financing for its heavy mineral sand deposit in Quebec, Tiomin Resources has proposed an amalgamation with publicly traded New Pascalis Mines (ME). New Pascalis, 43% owned by Falconb…
Plans are afoot to reactivate Lyndex Explorations (CDN). Subject to regulatory approvals, the company plans to offer by way of a private placement 400,000 treasury shares on a flow-through basis at 15…
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