Columbia welcomes financing
Welcome Opportunities (WLO-V) will buy 1 million units of its joint-venture partner, Columbia Gold Mines (COB-V), at $1.15 each.A unit consists of one share and one non-transferable share purchase war…
Welcome Opportunities (WLO-V) will buy 1 million units of its joint-venture partner, Columbia Gold Mines (COB-V), at $1.15 each.A unit consists of one share and one non-transferable share purchase war…
ALUMINIUM: LME settlements US$1,610 per tonne, alloy $1,510 per tonne (Mar. 18/97).ANTIMONY: Composite free market, US$2,175 per tonne (Mar. 18/97).BISMUTH: Composite free market US$3.15 per lb. (Mar….
The Alberta Stock Exchange (ASE) has filed a notice of hearing against Naxos Resources and its president, Jimmy John.Trading in the company’s shares has been halted since May 1996.The notice alleges v…
Goldbelt Resources (GDB-V) has discovered a porphyry copper-gold deposit at its Berezky Central prospect in northeastern Kazakstan.The discovery was made following a 2,100-metre, 11-hole drill program…
Tri Origin Exploration (TOE-T) will acquire the Burntbrush property, 150 km north of Timmins, Ont., in return for making unspecified exploration expenditures.The 50-sq.-km property was previously expl…
Indochina Goldfields (ING-T) will sell its interests in two adjoining gold exploration prospects in Vietnam to Olympus Pacific Minerals (OYM-V).The sale, worth US$7.5 million in cash and shares, would…
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The government of Costa Rica has ordered Placer Dome (PDG-T) to halt exploration at the Cerro Crucitas gold property, alleging the company is in non-compliance with its environmental impact statement….
Toronto-based Tiomin Resources (TIO-T) is proceeding with a full feasibility study at the giant Cerro Colorado copper project in western Panama.In accordance with the development agreement, the compan…
Shares of Delgratia Mining (DELGF-Q) hit the US$30 mark after more results were released from reverse-circulation drilling carried out at the company’s property, 50 km south of Las Vegas, Nev.At the e…
Chivor Emerald (CHIV.U-C) has achieved commercial production at its Oriente mine, which lies in the Chivor district of Colombia.The emeralds are being mined from a vein system recently discovered at w…
Affiliated juniors Newmex Mining (MEX-T) and Santa Cruz Gold (SCG-T) have begun discussing a “business combination.”Newmex is a wholly owned subsidiary of Great Lakes Minerals (GLK-T) created to contr…
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