Glencairn, Black Hawk ink merger deal
Vancouver — Glencairn Gold (GLJ-V) and Black Hawk Mining (BHK-T) have signed a merger agreement.Black Hawk’s shareholders will vote on the deal at a meeting scheduled for early October. The company’s…
Black Hawk Mining Inc
Glencairn targets flow-through financing
Vancouver — Glencairn Gold (GLJ-V) intends to raise $1.6 million via a placement of 3.6 million flow-through warrants priced at 45 each.Each special warrant is exercisable, at no cost, into one flow…
Black Hawk narrows losses
With fewer tonnes milled, Black Hawk Mining (BHK-T) lost US$358,000 during the 3-month stretch ended June 30.The loss translates into nil per share, and compares with a year-earlier net loss of US$409…
Golds falter as broad market shines
The Toronto Stock Exchange composite index gained 113.84 points over the May 21-27 report period to end at 6,840.24 points, its highest finish in nearly a year.Junior Tahera was the period’s hottest m…
Prudent Bear Funds beefs up Western Silver holdings
Recent insider trading transactions reported by the Ontario Securities Commission include the following:q Alamos Minerals (AAS-V) — Chester Millar, director, bought 258,000 shares at 47-53 apiece to…
Correction (December 02, 2002)
An article on the third-quarter results of Black Hawk Mining ( ) (T.N.M., Nov. 25/02) identified mineralized zones in the Santa Rosa area, south of the Limon mine in Nicaragua, as “steep-dipping veins…
Black Hawk posts small quarterly loss
With production from the Limon gold mine in Nicaragua down from last year, Black Hawk Mining (BHK-T) lost US$432,000 on revenue of US$4.3 million in the three months ended Sept. 30.For the first nine …
Newmont turns Black Hawk down
Newmont Mining (NEM-N) has decided not to act on an option to earn earn a 55% stake in Black Hawk Mining’s (BHK-T) exploration properties in Nicaragua.Newmont had already sunk US$1.5 million into expl…
Benchmark’s woes cast shadow over resource sectors
The Oct. 14-20 report period saw the Toronto Stock Exchange plunge to levels not seen in four years as the proposed U.S.-led war on Iraq gained steam and the banking and high-tech sectors issued more …
Pan American Silver eyes Manantial Espejo (March 04, 2002)
Vancouver — The proposed Manantial Espejo silver-gold mine in Argentina has moved a step closer to reality following a deal that allows Pan American Silver (PAA-T) to earn a 50% interest.In August 20…
Black Hawk to buy out Limon royalty
Black Hawk Mining (BHK-T) has made arrangements to buy out a 2% royalty on the El Limon gold mine in Nicaragua for $1.25 million. The deal, with royalty-holder Repadre Capital (RPD-T), will see Black …
Silver Standard hits bonanza grades
Vancouver — Silver Standard Resources (SSO-V) has tabled more high-grade results from infill and exploration drilling at the Manantial Espejo silver-gold project in Argentina’s Santa Cruz province.So…