News

A view of the Hualilan gold property in Argentina in the late 1990s.

La Mancha drills Hualilan in Argentina

A first-phase exploration program by La Mancha Resources () is testing known and newly identified targets at the Hualilan gold-silver-zinc project on the Argentine side of the El Indio mining district.


‘Runaway Ron’ indicted by Nevada Grand Jury

Ronald V. Markham, 76, has been indicted by a U.S. Grand Jury for allegedly defrauding numerous investors of more than US$2 million by selling shares in a Nevada company that claimed to have a major precious metals discovery called “Gold Mountain”…



Canadian Stock Exchange Indices (April 19, 2004)



Newmont options Solitario’s La Tola

An agreement with Solitario Resources (SLR-T) allows gold-mining giant Newmont Mining (NEM-N) to earn up to a 65% interest in the La Tola property in southern Peru.




SMC Gold buys miner

Queensland, Australia-based SMC Gold intends to buy a 70% stake in the Chilean company Compania Minera Tamaya (CMT) by issuing up to 200 million shares.


Sparton at Sierra Rosario

Sparton Resources (SRI-V) can earn a 51% interest in the Sierra Rosario gold-silver project in Mexico’s Sinaloa state. To do so, Spartan must pay $130,000 to the vendor, International Northair Mines (INM-V), a…


Steady profits for Rio Narcea

Rio Narcea Gold Mines () says lower stripping costs helped boost cash flow by almost 40% to more than US$6.8 million during the last three months of 2003.


Exeter hits high grade

Drilling by Exeter Resource (XRC-V) on the La Cabeza gold project in western Argentina has returned several high-grade intervals.


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