Bolivar Goldfields Ltd

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Having reached planned capacity of 1,500 tonnes per day, the Tomi mine in Venzeula’s El Callao district is expected to produce an average of 46,000 oz. gold annually at an average cost of US$173 per o…

The global economy took a beating in 1998, perhaps the worst year for commodity prices since 1991, and the outlook for 1999 is believed, by many, to be lacklustre at best. In many cases these hardship…

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Bolivar Goldfields (BVG-T) will double, to 1,400 tonnes, the daily capacity of the mill it bought in Venezuela last June.The refurbished Revemin mill will continue to process gold ore. Bolivar says th…

Vancouver-based Vengold (VEN-T) granted three officers and five directors a total of 2.95 million options in July. The sweetener came just weeks before the company nabbed a further 6.5% interest in th…

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By year-end, some two months ahead of schedule, Bolivar Goldfields (BVG-T) expects to have completed fine-tuning of the mill and achieved full production at its newly commissioned Tomi gold mine in Ve…

Staying the course in Venezuela after the short-lived gold rush of the late 1980s may yet pay off for Monarch Resources (MRE-T), operator of the La Camorra gold mine in Bolivar state.Despite the curre…

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Toronto-based Bolivar Goldfields (BVG-T) has completed a US$20-million financing with Barclays Bank and Standard Bank London.The financing comprises a US$16-million senior loan and a US$4-million subo…