Merger trend among juniors going strong
Vancouver – The industry trend of corporate mergers remains a common market theme with a growing number of junior r…
Gold
Valgold finding mineralization at Los Patos
Following up on results achieved by earlier operators, ValGold Resources (VAL-V) has intersected gold mineralizatio…
Oxus-KazakhGold deal done
Gold producer Oxus Resources (OXUSF-O, OXS-L) has a final deal with affiliate Marakand Minerals (MRKMF-O, MKD-L) th…
Pan African cuts gold in Madagascar
Drilling at the Mountain of Gold property in central Madagascar, Pan African Mining (PAF-V) has intersected gold in…
Newmont acquitted on Indonesian pollution charges (April 24, 2007)
Concluding a 21-month trial in an Indonesian court, Newmont Mining (NMC-T, NEM-N) and Richard Ness, the head execut…
Medoro goes for gold in Mali (April 24, 2007)
Medoro Resources (MRS-V, MRL-L) has signed an option agreement for nine gold properties in Mali with a Panama-based…
Goldcorp invests in Red Lake junior Cypress
Vancouver – Cypress Development (CYP-V, CYDVF-O) has lined up Goldcorp (G-T, GG-N) to take down a planned $2.6-mill…
Survey Says Gold Is Metal of Choice for Juniors
Vancouver — Despite soaring uranium and molybdenum prices, gold remains the junior explorer’s metal of choice, according to a PricewaterhouseCoopers review of trends in the sector.
Intercepts Buoy New Guinea Gold
Vancouver — Recent drilling by New Guinea Gold (NGG-V, NGUGF-O) at its Sinivit project in East New Britain province, Papua New Guinea, cut a number of shallow, high-grade gold intervals giving the as…
Thistle Creditors Hit Brakes
The controlling shareholders of Thistle Mining (THTLF-O, TMG-L), which are also the company’s major shareholders, have given notice to Thistle to pay up on debt due at the beginning of April.
Aura to Acquire Brazilian Project
Vancouver — Aura Gold (ORA-T, AUGIF-O) is expanding its asset base in Brazil by acquiring an advanced copper-gold project in a $293-million all-stock deal that transfers control of the junior to the …
More Gold at Hope Bay
In a drilling program intended to increase confidence in previously known resources, Miramar Mining (MAE-T, MNG-X) has had its plans derailed by the discovery of significant new resources on the Hope …