Two New York-listed companies — Asarco and Coeur d’Alene Mines — have combined certain assets, thereby forming a new company. The new entity, known as Silver Valley Resources, holds the fully develo…
With mining well under way at its wholly owned Santa Rosa gold mine in Panama, Greenstone Resources (TSE) has paid off a US$5-million promissory note prior to its due date. The note, payable to Freepo…
Based on encouraging assay results from last summer’s program, Carissa Mining (VSE) will proceed with the next phase of drilling on the Carrisa mine property in Wyoming. The new program is estimated t…
According to a press report from England, geologists say gold has been found at Queen Elizabeth’s Scottish residence. Apparently traces of gold were discovered in granite outcrops and river beds in se…
Junior diamond explorer Golconda Resources (ASE) has extended the deadline by which BHP Minerals International Exploration can enter a joint venture and earn a 51% interest in Golconda’s Idaho diamond…
Shareholders of Dentonia Resources (VSE) have approved a poison pill which they will swallow in the event of an unsolicited takeover bid. Under the new shareholder rights protection plan, a “permitted…
The promise of political and economic reforms in Brazil has put the spotlight on newly listed Santa Elina Gold (TSE), a junior company which has been exploring and developing gold mining properties in…
A previously announced agreement involving the Bilpraw gold concession in central Ghana has closed. The deal allows Mutual Resources (VSE) to earn a 55% interest in the concession by paying $75,000 an…
Reno-based Santa Fe Pacific Gold (NYSE) has leased two gold properties in Nevada’s Carlin Trend from Minefinders (VSE). The Gutsy and BM properties are about 2 miles northwest of the Rain gold mine. S…
Excellent progress is reported by Diamond Fields Resources (TSE) at its Voisey Bay nickel-copper-cobalt project in Labrador. Stepout drilling and geophysical surveys east of the known area of minerali…
J. Cook appointed president.
Drilling on the TQY property north of Yellowknife, N.W.T., is returning gold values for Gitennes Explorations (ASE). The company, which is earning a half interest from Tanqueray Resources (ASE), repor…
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