Through the magic of NGOs
Manhattan Minerals has sold its Peruvian mineral interests for US$600,000 and the assumption of $2.4 million in liabilities. So ends a cautionary tale for explorers and their backers alike.
News
Richmont takes reins at Island Gold project
Vancouver – Quebec-based Richmont Mines (RIC-T) has opted to acquire a majority interest in the Island Gold project…
Augusta acquiring Mount Hamilton gold project
Vancouver – Northern Canadian diamond explorer Augusta Resource (ARS-V) is refocusing, south of the border, by acqu…
Bendigo builds confidence (December 03, 2004)
Having spent more than A$105 million on exploration and assessment over the past 7 years, Bendigo Mining has confir…
Kirazli diamond drilling confirms gold
Vancouver – The first of Fronteer Development Group’s (FRG-T) diamond drill holes into the oxide zone of the Kirazl…
Barrick invests in Celtic Resources
Barrick Gold (ABX-T) has agreed to invest US$28 million to buy shares of Celtic Resources Holdings (CER-L) as a mea…
Peabody buys quarter interest in Paso Diablo
U.S. cola giant Peabody Energy (BTU-N) has completed its acquisition of a 25.5% satke in the Paso Diablo open-pit c…
Ivanhoe contemplates Mongolian coal development
Vancouver – Buoyant coal prices, driven largely by unquenched demand from China, has prompted Ivanhoe Mines (IVN-T)…
Navidad resource upped
Vancouver – An independent resource estimate has increased the resources in two zones on IMA Exploration’s (IMR-V)…
Mano River enters JV to mine Sierra Leone kimberlite dykes
Vancouver – Through a joint venture with Australian-listed diamond miner Crown Diamonds, west African explorer Mano…
Grades firm at Penasco
Vancouver – Recent drill results have confirmed the continuity of silver with gold, zinc, and lead grades from West…
Northern Dynasty hits higher-grades at Pebble
Vancouver – Drilling by Northern Dynasty Minerals (NDM-V) on the eastern section of the Pebble copper-gold-molybden…