St. Genevieve will option Russian gold property
Toronto-listed St. Genevieve Resources (TSE) can earn an indirect interest in Koryakiya Mining Co., the owner of a gold deposit on the Kamchatka Peninsula of Russia.The Ametistovoye deposit, a vein sy…
News
MIM drops Barda Gonzalez project
Bad news for Yamana Resources (TSE).Australian-based MIM Holdings has informed the junior that the Barda Gonzalez red-bed copper property in Neuquen, Argentina, does not meet its cut-off criterion of …
COMMENTARY — The benefits of hedging
Mining companies of all sizes are finding that some of the risks of mining can be reduced through the smart use of hedging. Even companies that historically refused to hedge are now seriously consider…
Gold Funds (September 11, 1995)
Gold Funds as of August 31BGRCentralNet Value$17.88$6.54Price$13.75$6.25Discount23.09%4.4%Value$139,788,000$113,120,625…
Patrician options properties to JCI
South African-based JCI, the world’s seventh largest gold producer has signed a letter of intent with Patrician Gold Mines (ASE) concerning the junior’s four Ghanaian gold licences.JCI can earn a 60% …
Labrador News Roundup — Viscount, Magna begin drilling
Vancouver-listed partners Consolidated Viscount Resources and Consolidated Magna Ventures have received Newfoundland government approval for their drill permit application on the Tasisuak Lake propert…
Drilling proves Boleo’s potential
Closely spaced infill drilling on the Boleo copper-cobalt property in Baja California Sur, Mexico, is confirming previous grades and thickness for International Curator Resources (TSE).The work is bei…
ODDS’N’SODS — Drifters
Last night, Dan Boyd, Dr. Howard Lahti and I were swapping exploration stories over quite a few beers. Since I was still chuckling over one of their stories this morning, I decided to write it down an…
Niblack returns gold values
Drilling on the Niblack project in southeastern Alaska has intersected a wide zone of mineralization similar to previously released results.Abacus Minerals (VSE), which has an option to acquire the pr…
Oman looks to privatize its mining industry
As a gesture towards generating more investment in the private sector, the country of Oman plans to privatize its state-run mining concern.Oman Mining began life in 1973 as a partnership between the i…
Cambior issues offer to buy Audrey
An offer to acquire all minority shares of Audrey Resources (TSE) has been filed by Cambior (TSE), which currently owns 75% of Audrey’s outstanding shares.Under the terms of the offer, 10.5 shares of …
Tiomin set to take over Cerro Colorado
Contractual details regarding development of the Cerro Colorado copper project in Panama have been resolved.After extensive negotiations, PanaCobre (a wholly owned subsidiary of Montreal-listed Tiomin…