A US$60-million financing will provide funds for Ashanti Goldfields (AHD.U-T) to develop the Bibiani gold project in western Ghana.The open-pit mine is expected to produce 170,000 oz. gold per year at…
Having previously failed to gain a stake in Wilanour Resources’ (WLR-T) holdings near Red Lake, Ont., Goldcorp (G.A-T) has launched a takeover bid for the junior company.Goldcorp has offered $1.40 for…
With the Brewery Creek gold mine up and running, operator Viceroy Resource (VOY-T) is turning its attention to exploring the potential of the surrounding mine property in Canada’s Yukon Territory.The …
A trenching program by Jordex Resources (JDX-T) has returned encouraging results from a gold-in-soil anomaly at the Pontes E Lacerda property in the western Brazilian state of Mato Grosso. The soil an…
Michael Blum elected director.
James Chen appointed president and CEO.
Robert St. John elected director.
The 38%-owned Swedish subsidiary of South Atlantic Resources (SCQ-V) has entered into an agreement with Golden Eagle Mines, a private Swedish firm, to acquire a 75% interest in the latter company’s ex…
Roger Higgins appointed managing director.
Tim Ryan elected director.
Stanley Prenioslo appointed president and CEO.
Alistair Brown appointed president; Charles Thorman appointed executive vp.
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