Oliver and Trillion plan merger
The directors of Oliver Gold (OGO-V) and Trillion Resources (TLQ-T) have agreed to merge their companies.Few details have been released, other than that a merger proposal will be mailed to shareholder…
Nevsun Resources Ltd
MINING MARKETS & INVESTMENT NEWS — WESTERN MARKETS — Juniors take beating as western markets plunge
The Vancouver Stock Exchange composite index plunged through the 400 level during the report period Aug. 26-Sept. 1 to close at 388.86, down 41.55 points, or 9.7%. The mining index followed suite, she…
Nevsun expands gold deposit in Mali
Nevsun Resources (NSU-T) has boosted its resource estimate by 29% at the Tabakoto gold project in western Mali.The estimate is based on 250 diamond drill holes and 382 reverse-circulation holes. A cut…
MINING MARKET & INVESTMENT NEWS — EASTERN MARKETS — Eastern markets rebound from previous week’s slump
The markets enjoyed a rebound during the Aug. 12-18 report period, with the Toronto Stock Exchange 300 composite index regaining more than half of the previous week’s losses, climbing 3.2% to 6,517.68…
Trillion restructures debt on Ndarama
Kanata, Ont.-based Trillion Resources (TLG-T) has restructured its debt load regarding the purchase of the Ndarama gold mine in Zimbabwe.Trillion has entered into an agreement-in-principle for a US$6….
Companies (May 11, 1998)
Abacus MineralsAfrican Selection MiningArchangel DiamondAur ResourcesBarrick GoldBolidenBreakwater ResourcesBre-X MineralsCaledonia MiningCambiorCimarron MineralsCondor Int’l ResourcesDia Met Minerals…
Orko, Greystar chalk up exchange listings
Among the companies recently listed for trading on the Vancouver Stock Exchange is Orko Gold (OK-V), a junior with property holdings in British Columbia.The company’s chief asset is the 1,175-ha Bonap…
Nevsun Resources eyes ground held by African Selection
Selecting ground near known gold deposits and existing mines, African Selection Mining (AFSM.U-C) has assembled a property portfolio in West Africa. Much of the company’s ground is underlain by geolog…
INSIDER TRADING — Crystallex insiders unload shares
Two officers and a director of Crystallex International (KRY-T) exercised options and sold shares of that company in February.According to the Ontario Securities Commission’s OSC Bulletin, officer Mar…
Companies (April 13, 1998)
Adex MiningAmerica Mineral FieldsAnglo AmericanAsia Pacific ResourcesAurizon MinesAvalon VenturesBand-Ore ResourcesBanro ResourceBarrick GoldBattle Mountain GoldBlue Desert MiningCaledonia MiningCambi…
Companies (March 09, 1998)
Aber ResourcesAlmaden ResourcesAlta GoldAlto MineralsAmax GoldAmbrex MiningAnglo AmericanAranlee ResourcesArchon MineralsArcturus ResourcesArgentina GoldArmistice ResourcesAsarcoAtlasAtna ResourcesAug…
Oliver, Trillion to sell Segala gold project to Nevsun
Nevsun Resources (NSU-T) has entered into an agreement to purchase the Segala gold project in Mali, held 50-50 by Oliver Gold (OGO-V) and CMC, a 51%-owned subsidiary of Trillion Resources (TLQ-T).Half…