Having raised $4.5 million in a private financing, Princess Resources (PRL-V) has renewed a drill program at the Da Fang gold-silver property in China’s Hunan province. The program is expected to tota…
While some companies are licking their wounds after an unhappy Indonesian experience, Borneo Gold (BNO-V) has started a 5,500-metre drilling program on its Bunut gold prospect with cautious optimism.B…
BASE METALS (London Metal Exchange-Midday official cash/3-month prices in US$ per tonne)DateJuly 7July 6July 3July 2…
Neither weak markets nor the effects of El Nino could deter Rio Tinto (RTP-N) from increasing gold production at its Asian gold operations in 1997.The company’s 90%-owned Kelian gold mine, in Kalimant…
Brush Creek Mining and Development (BCMD-Q) has signed an exclusive option for the Iron Mountain massive sulphide project in California’s Shasta Cty.The company can earn a 50% interest in the past-pro…
The Vancouver Stock Exchange composite index shed 4.21 points, or 0.8% of its value, during the July 2-7 report period, closing at 527.99. The mining index finished at 384.87, down 4.89 points, or 1.3…
A drill program by International Dunlap Minerals (IDZ-V) is testing volcanogenic massive sulphide (VMS) prospects identified during the junior company’s 1997 exploration program on Indonesia’s Flores …
Rex Diamond Mining (RXD-T) has raised US$3 million in a debt financing with a group of European investors.The deal consists of a US$2-million interest-free note that can be converted into 2 million Re…
Ditem Explorations (DIT-M) has made a private offering consisting of 500 units priced at $1,000 apiece. Each unit consists of 333 flow-through shares priced at $2.40 each; 84 common shares at $2.40 ea…
A June 29 article concerning the feasibility study completed at Niocan’s (NIO-M) niobium project near Montreal incorrectly stated that SNC-Lavalin owns the Met-Chem Pellemon Consortium. SNC-Lavalin ha…
Alberta Star Mining (ASC-A) has proposed a private placement of up to 1 million flow-through shares at 20 cents each.Proceeds will be used to cover exploration expenditures incurred on the Mazenod Lak…
The proposed merger of Lytton Minerals (LTL-T) and sister company New Indigo Resources (BDR-A) has been derailed following recent disclosures of the ownership of voting shares.The merger was to have b…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.