A financing agreement is expected to provide SouthernEra Resources (SUF-T) with funds to develop the Klipspringer diamond project in South Africa.Proceeds of between $7.7 million and $15.5 million wil…
A financial adviser has been retained by Banff Resources (BFF-V) to negotiate US$66 million of debt financing for the company’s Kasese and Kilembe projects in Uganda.An equity fiancing is also being c…
In Burkina Faso, partners Channel Resources (CHU-V) and Solomon Resources (SRB-V) have begun the first phase of reverse-circulation (RC) drilling on their Bombore project.The work is focused on an ano…
Drilling on the Pampe concession in southern Ghana is producing satisfactory results for junior Ghana Goldfields (GHN-V).The concession contains two well-defined gold zones and includes a system of mi…
Canarc Resource (CCM-T) has intersected new gold mineralization at its Polaris Taku property in northwestern British Columbia.Results from the first 24 holes of an ongoing 200-hole program include bro…
Leaders, pioneers and visionaries — these are but a few of the words that apply to the six men recently inducted into the Canadian Mining Hall of Fame.Their contributions to Canadian industry include…
Big Bear Oil & Gas (BIG-V) has changed its name to Renata Resources (RTA-V).
Exploration by partners Orezone Resources (ORZ-M) and Geomaque Explorations (GEO-T) is well under way at the Intidougou gold property in southwestern Burkina Faso.Each of the companies holds a 37.5% i…
An exploration program, including drilling, will be carried out by Auspex Minerals (APJ-V) on the Koulbaga concession in Niger, West Africa.The company recently increased its interest in the gold conc…
Proceeds from a private placement by Patrician Gold Mines (PXX-A) will go towards exploration programs on the Goaso and Homasi gold properties in Ghana.The junior raised $400,000 through a deal in whi…
The Vancouver Stock Exchange composite index remained flat over the report period ended Jan. 21, up just 3.98 points at 1,195. The resource index closed down 20.22 points to 2,244.53.Mar-West Resource…
Tussling juniors Geomaque Explorations (GEO-T) and Milagro Minerals have settled their differences and completed their merger.Geomaque had balked at merging until outstanding legal issues regarding th…
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