Financing for the previously announced purchase of a 50% back-in option and a buy-back of a 3% royalty interest on the San Francisco gold property has been arranged by Geomaque Explorations (TSE).Geom…
Parent company Placer Dome (TSE) has raised its offer for all the shares of Equity Silver Mines (TSE) that it does not already own.The major is offering to buy the minority shares for 85 cents, up fro…
Yet another Canadian-based gold producer has begun searching for the yellow metal in West Africa.Hemlo Gold Mines (TSE) is earning a 72% share of Birim Goldfields’ (CDN) 90%-held Dunkwa gold property …
The management of Geomaque Explorations (TSE) is asking shareholders to resist attempts by Great Lakes Minerals (TSE) to merge the two companies, telling them their share value would drop as a result….
At the annual meeting of River Gold Mines (TSE), shareholders were told that bringing the Eagle River gold project into production is the company’s top priority.”We have signed a lease agreement for t…
Premier Michael Harcourt concluded British Columbia’s annual Mining Week by releasing “commitment statements” from the province’s Advisory Council on Mining.The government-sponsored council is represe…
While most juniors with ground in the Voisey Bay region of Labrador are still struggling to arrange field programs, two Vancouver-based companies have already completed the initial assessment on their…
A diamond drilling program by Zappa Resources (VSE) has encountered low-grade gold mineralization on the Papa Grande concession in the Ponce Enriquez district of southwestern Ecuador.A hydrothermal br…
Most of the ore deposits mined in the past, as well as those being mined today, were discovered because they cropped out at the surface. In the U.S., most mineral deposits that crop out at the surface…
Ongoing exploration at the San Antonio property in eastern Sonora, Mexico, is aimed at testing the bulk-tonnage potential of gold mineralization identified in several new areas.Laminco Resources (TSE)…
A 15-hole diamond drill program by Santa Fe Pacific Gold (NYSE) is testing the potential of several mineralized, “pipe-like bodies” on the Swan gold property, 20 miles south of Helena, in southwestern…
Definition drilling at the Collahuasi copper project in northern Chile has enabled Falconbridge (TSE) and equal partner Minorco to boost geological resources.The figure now stands at a staggering 3.1 …
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