Diamond drilling will be carried out this fall by Orcana Resources (VSE) on a newly acquired copper project in Mexico’s Sonora state. The junior can acquire the San Carlos project by paying US$500,000…
Already among the world’s 10 largest stock exchanges in terms of market capitalization, the Bolsa Mexicana de Valores (Mexican Stock Exchange) will soon benefit from a package of reforms to the Nation…
Option agreements may earn Cambior (TSE) a 50% interest in a pair of Mexican projects, the Metates gold property in Durango state and the Suaqui Verde copper oxide property in Sonora state. The Metate…
A follow-up program on significant placer-type deposits at the Cumaral gold property in the Mexican state of Sonora in planned by Aronos Multinational (CDN). The program, to test along the ridges and …
The largest mining group in Mexico signed a US$400-million, 6-year credit facility earlier this year to refinance existing short- and medium-term debt. Metal Bulletin reports that Grupo Industrial Min…
In production for about one year is the Bismark zinc mine owned by Mexico’s largest mining corporation, Grupo Penoles, Cyprus Minerals (NYSE), and Mexican venture capital company Promociones Industria…
Gold’s role as a reliable store of value can be important at times of political or economic uncertainty. This applies not only to Western investors but, more importantly, to the populations of countri…
In a private transaction, DCC Equities, a wholly owned subsidiary of Dundee Bancorp (TSE), has acquired an additional 10.6 million common shares of Black Hawk Mining (TSE). It now holds a 36.9% intere…
Debenture-holders have approved a restructuring plan for Princeton Mining (TSE), thereby paving the way for the company to eliminate its long-term debt. Holders of the company’s $12 million in convert…
Though not a good week for the base metal miners, our report week was far kinder to the gold and diamond stocks. For example, gold bullion posted a very solid move after drifting sideways for quite so…
Calgary-based Fibre-Klad Industries (ASE) has acquired 15 claims near Damoti Lake, about 220 km northwest of Yellowknife, N.W.T. The 11,126-hectare property was acquired through the issuance of 82,477…
The late Stuart Murray Roscoe, an inveterate explorer of the Canadian Shield and a highly respected scientist for the Geological Survey of Canada (GSC) became part of Canada’s mining heritage at an ea…
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.