Stroud gets set to go underground at Hislop
Junior Stroud Resources (SDR-T) is seeking funds to develop its Hislop gold project near Matheson, Ont., while, at the same time, putting the finishing touches on a joint venture in Indonesia.The juni…
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Normabec eyes Mina Eureka
Junior Normabec Mining Resources (NMB-M) plans to acquire the Mina Eureka gold property in Jujuy province, Argentina.For its interest in the 14,000-ha property, Normabec must spend US$2 million in exp…
Laramide bids to take over Aquiline
With an eye on two promising Mexican properties, Laramide Resources (LAM-T) has launched a $5.3-million takeover bid for all outstanding shares of Aquiline Resources (AQI-V).Laramide already holds a 3…
More gold for Anthian in Bolivia
Vancouver-based Anthian Resource (ANR-V) has confirmed gold mineralization at the Liphichi property in Bolivia.Hole PG-4, one of four diamond drill holes for which results have been received, returned…
Bre-X and Barrick submit proposal
Bre-X Minerals (BXM-T) and Barrick Gold (ABX-T) have presented to the Indonesian government a deal that may allow for the development of the Busang gold deposit.The companies submitted a joint proposa…
Adamas Resources ventures into Mozambique’s Niassa province
Vancouver junior Adamas Resources (AMS-V) has signed a memorandum of understanding with Mincor Resources (MIR-A) for a 13,760-ha gold concession in northern Mozambique.In order to earn a 70% interest,…
Highlands drops threat of takeover lawsuit
Highlands Gold has decided not to pursue Placer Dome (PDG-T) to court following the release by the major of more information on its US$340-million takeover attempt.”Although not required by law, Place…
CIM talk to focus on gold, markets
Gold will be the subject of a special meeting of the Canadian Institute of Mining, Metallurgy and Petroleum, to be held at 5 p.m. on Jan. 16 at Toronto’s Ontario Club.Pierre Lassonde, president of Fra…
Battle Mountain keen on Vera and Holloway properties
The size of the Vera-Nancy gold deposit in Australia could be significantly increased, according to Battle Mountain Gold (BMG-N).In a presentation before gold analysts in New York City, Karl Elers, Ba…
Etruscan deals Tiawa option to Placer Dome
An agreement between Etruscan Enterprises (ETT-V) and the African subsidiary of Placer Dome (PDG-T) has given that company an option for a 51% interest in the Samira gold deposit in Niger.The deal cov…
Government privatizes Bakyrchik
The government of Kazakstan has decided to sell its 60% stake in the problem-plagued Bakyrchik mine complex to its joint-venture partner, Bakyrchik Gold of London.Bakyrchik Gold, which has owned 40% o…
Nord Pacific gets green light for mine in PNG
The government of Papua New Guinea has granted Nord Pacific (NORPY-Q) a licence that will allow the company to develop the Simberi gold mine in the Tabar Islands.”This is the first step in the develop…