Junior Yukon Gold (VSE) has arranged a brokered private placement of 1.5 million special warrants at a price of $2 each.The special warrants will be exercisable into one common share and half a non-tr…
In order to fund its exploration programs in West Africa, Iamgold has filed for a public offering of 10.4 million shares at $5.75 per share.The Toronto Stock Exchange has given conditional approval fo…
Montreal-listed West African Mining Exploration has started a 4,000-metre program of reverse-circulation drilling on its 51.3-sq.-km Teleku-Bokazo property in Ghana.The program follows 1 km of trenchi…
In order to fund all its planned 1996 programs without issuing any more equity, Greenstone Resources (TSE) has arranged US$25 million in debt financing.The financing consists of a US$15-million line o…
Initial drill results from the Varvarinskoye gold-copper-silver deposit in northern Kazakhstan are confirming previous resource estimates.Kazakhstan Minerals (CDN) is attempting to confirm in situ res…
Another joint venture in the Crescent Valley of central Nevada is getting ready to explore for gold. Royal Gold (NASDAQ) and High Desert Mineral Resources (VSE) have formed a company, Royal High Deser…
An updated reserve estimate is being prepared for Arequipa Resources’ (TSE) Paron gold property in northern Peru.The recalculation follows infill and delineation drilling conducted on a tabular, outcr…
In a year that saw Voisey’s Bay turn the eyes of the world’s mining industry toward Canada, it comes as little surprise that the men responsible for its discovery are being formally recognized by thei…
Drills are about to turn at the Alliger West claim block, 75 km north of the Voisey’s Bay copper-nickel-cobalt discovery in Labrador.Ownership of the property is shared equally among Athabaska Gold Re…
Drilling is confirming the existence of a large, disseminated silver-tin deposit at the Pirquitas property in northwestern Argentina.Sunshine Mining & Refining (NYSE) reports that mineralization occur…
The government of Ethiopia has granted Tan Range Exploration (TSE) the exclusive right to explore a 210-sq.-km mineral licence.The agreement covers exploration for gold on the Ilagere Mariam and Tulu …
The Slave Diamond Syndicate has terminated its agreement with Archon Minerals (VSE).Archon held the right, up until the end of 1995, to select potential kimberlite targets on claims owned by the Syndi…
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