Chesbar drills at La Salle
Chesbar Resources (CBI-M) has completed a major round of diamond drilling at its La Salle I gold property on the company’s Anacoco IV concession in Venezuela’s Bolivar state.The 41-hole, 5,000-metre p…
News
Consortium fails in bid to purchase ZCCM
Privatization of the giant Zambia Consolidated Copper Mines (ZCCM) hit a snag when the negotiating team rejected the purchase offer from the Kafue Consortium for the Nkana and Nchanga divisions.The Ka…
Indo Metals funds work
Indo Metals (IOM-V) has completed a brokered private placement of 1.96 million units at 60cents each, for total proceeds of $1.17 million. Each unit consists of one share and half a share purchase war…
Meetings (April 20, 1998)
Apr. 21, AnooraqApr. 21, Bitterroot ResourcesApr. 21, CherryhillApr. 21, Diamond FieldsApr. 21, Highview ResourcesApr. 21, Orion Int’lApr. 21, Yanks PeakApr. 22, AMT Int’l MiningApr. 22, Beau CanadaAp…
Waseco secures financing
A private placement of 1 million common shares of Waseco Resources (WSCO-C) will be used to finance an engineering study on modifying a dredge unit for alluvial gold production at Waseco’s Tewah prope…
William to build plant
William Resources (WIM-T) will shortly begin constructing a carbon-in-leach plant at its Bjorkdal open-pit mine in northern Sweden.The Toronto-based company recently received approval from Sweden’s Li…
Northair targets Venturina for bulk-tonnage potential (April 13, 1998)
A first phase of exploration has begun on the Venturina property in Mexico’s Chihuahua state.A wholly owned Mexican subsidiary of International Northair Mines (INM-V) can acquire a 100% interest in th…
Verena picks up more ground
Verena Minerals (VMCO-C) has signed a deal with Ouro Brasil (OOB-V) to boost its interest in a 36,000-ha gold exploration property in Brazil.In order to increase its interest in the Conceicao de Norte…
Curator looks for partner
International Curator Resources (IC-T) continues its search for a joint-venture partner to help advance its Boleo copper-cobalt-zinc project in Baja California Sur, Mexico, to final feasibility.The Va…
CIM celebrates centennial
As the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) is celebrating its 100th birthday, it is only fitting that its founding father, Benjamin Taylor A. Bell, was among the latest induct…
Vengold offering may net $46 million
A syndicate of underwriters, led by Midland Walwyn Capital, have entered into a financing agreement with Vengold (VEN-T) to purchase up to $46 million worth of its shares.The underwriters have agreed …
Hebron picks up gold properties
Just months after Mazarin Mining (MAZ-T) announced that it would shift its focus back to industrial minerals, the company has found a buyer for its gold properties in Hebron Fjord Resources (HEF-M).In…