News

Toronto-based TVX Gold (TSE) has paid about US$47 million for Greek-based Kassandra Mines. The company’s assets, situated on the Chalidiki peninsula in northeastern Greece, include mining concessions …

Having received approval for development from federal and provincial governments, Cogema Resources has decided to proceed with the McClean Lake uranium project in Saskatchewan. The company and its par…

Once its partner completes an initial public offering on the Alberta Stock Exchange, Almaden Resources (VSE) plans to perform more exploration on its Rose gold-silver project near Summerland, B.C. Lau…

Vancouver-listed East Africa Gold has concluded negotiations for a private placement of up to 1.8 million units at $1.35 each. A unit consists of a share and a warrant entitling the holder to buy an a…

A preliminary US$200,000 exploration program is nearing completion on the Rio Tinto copper oxide property in the Mexican state of Chihuahua. Operator Swannell Minerals (VSE) can earn a half interest i…

New high-grade zinc assays are cause for excitement for Solitario Resources (TSE) at its Bongara zinc project in northern Peru. The project is in an advanced stage, and exploration continues to increa…

Expanding its presence in South America, Consolidated Madison Holdings (VSE) has been able to joint-venture four of its properties. The junior owns or has under option five properties in each of Brazi…

The board of directors of Battle Mountain Gold (NYSE) has authorized development of the Phoenix project at the Battle Mountain gold complex in Nevada. The open-pit, heap-leach project is centred aroun…

As part of a feasibility study of the Goldfields project in northern Saskatchewan, Greater Lenora Resources (TSE) will carry out three drill programs concurrently. A 16,400-ft. infill program is alrea…

BGR Central Net Value $15.98 $6.53 Price $13.75 $7.0 Discount 13.94% Premium 7.2% Value $124,915,000 $126,695,100…

Richard Hughes appointed vice-president of corporate finance.

Richard Garnett appointed director.