Pursuant to its takeover of an affiliated company, Rayrock Yellowknife Resources (RAY-T) has amalgamated Irish-based subsidiary Rayrock International Finance.Both Rayrock International Finance and Min…
The receipt of necessary permits has enabled Corona Gold (CRG-T) to begin a $2.5-million underground work program at its Thunder Lake West gold deposit, near Dryden in northwestern Ontario.First on th…
In our June 1-7 issue, we stated that First Dynasty Mines (fdm-t) already owed US$5 million to Ivanhoe Capital Finance when it borrowed another US$4.5 million from that company. The previous loans act…
George Resource (GGP-V) has changed its name to Rocca Resources (RRL-V) on a 1-new-for-10-old-share basis.
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Resource giant Minorco (MNRC-Q) and junior Triarx Gold (TXTX-C) have expanded their joint gold-copper exploration program in Papua New Guinea.The original joint-venture agreement, announced in July 19…
Greenstone Resources (GRE-T) is continuing its drive towards opening four mines in Central America in just three years. And, having nearly doubled its mining revenues over the past year, the company m…
In an agreement with Indonesian industrialist Jusuf Merukh, Ag Armeno Mines & Minerals (AGM-V) has taken an option to buy an 18% interest in the Batu Hijau gold deposit on Sumbawa Island in Indonesia….
Toronto-based Borneo Gold (BNO-V) has begun an initial 5,500-metre diamond drilling program at its Bunut gold project in West Kalimantan, Indonesia.The company holds a 90% interest in a seventh genera…
Yamana Resources (YRI-T) reports that new assay results from drilling in Patagonia have extended the area of known mineralization at the Lejano silver-gold prospect, part of Yamana’s Santa Cruz projec…
Oroperu Resources (OROP-C) has reported encouraging operating results from its recently acquired Nueva Condor polymetallic mine, near Lima, Peru.The operation entered production in early 1998 and earn…
Toronto-based Laramide Resources (LAM-T) will finance exploration work on its Bilbao polymetallic property in central Mexico by drawing on funds raised in a private placement.Proceeds of $300,000 will…
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