Bank offers $1b loan for Cerro Casale
Vancouver — An unnamed major international bank has offered $1 billion in the form of a loan toward financing development of the Cerro Casale porphyry gold-copper project in northern Chile.
Arizona Star Resource Corp
Bank willing to loan $1 billion for Cerro Casale
Vancouver – A major international bank has reportedly offered $1 billion in the form of a loan toward financing the…
Cerro Casale on shaky ground
Vancouver —
Cerro Casale’s financeability questioned
Vancouver – Arizona Star (AZS-V) and Bema Gold (BGO-T) are threatening to go to arbitration to get back Placer Dom…
Viceroy rolls the dice in Argentina
Vancouver — Northwestern Argentina is an emerging gold district relative to the prolific, more mature El Indio and Maricunga belts across the mountains in neighbouring Chile. Yet junior companies such as
Bema moves to trim operating losses
Vancouver — The challenges of operating a far-flung roster of mines pushed
Costs climb at Cerro Casale
Vancouver —
Eur. Goldfields raises funds
European Goldfields (EGU-V) has completed a non-brokered private placement of 1.5 million shares priced at $3.10 apiece.The company intends to use the $4.6 million in gross proceeds to fund exploratio…
Bema looks to far-eastern Russia
With the underperforming Refugio mine in Chile about to close, Bema Gold (BGO-T) is pinning its hopes on its 79%-owned, high-grade Julietta gold-silver deposit in far-eastern Russia. The underground p…
Correction (January 22, 2001)
Placer Dome (PDG-T) has placed the Cerro Casale gold-copper project on hold because of low gold prices. However, the major still holds the right to acquire a 51% stake in the Chilean project owned joi…
November mean month for gold mining
The brutal combination of high costs and weak prices has forced several companies to suspend mining and development activities at gold projects that aren’t robust enough to survive an industry downtur…
Bema gets squeezed by senior partners
Although gold prices remained below US$267 per oz. during the Nov. 8-15 report period, there was a steady stream of news from both major and junior gold companies.Down 5 to 41, Vancouver-based Bema …