Yamana Resources (YRI-T), known for its properties in such exotic locales as South America and Southeast Asia, has acquired a land package in its own backyard.The acquisition, which consists of 825 ac…
It is a long way from the Northwest Territories to Nevada, and this was especially true in the early 1970s when few Canadian companies ventured far from home. For Rayrock Yellowknife Mines (RAY-T), wh…
Permits have been granted for a 10-hole program on the Matthews gold project, under option to Consolidated Ramrod Gold (TSE). The property lies within an area of gold-bearing reefs which are also host…
Shareholders of Asamera Minerals (TSE) recently voted in favor of a proposal to privatize the company effective Aug. 1. Minority shareholders will receive $1.40 per common share under the terms of the…
After a relatively short time as a public company, Asamera Minerals (TSE) is returning to the private realm. Asamera Inc., a wholly owned subsidiary of Gulf Canada Resources, recently announced it wil…
A new management team led by Arimetco International (TSE) Chairman Roy Shipes has taken control of Breakwater Resources (TSE), after shareholders of Breakwater approved a debt restructuring plan. Ship…
Shareholders of Breakwater Resources (TSE) will be meeting April 10 to consider various matters related to the company’s proposed debt restructuring. Earlier this year, Breakwater management negotiate…
The Cannon gold mine in Washington state was a steady performer for 51% owner Asamera Minerals (TSE) in 1991, producing a total of 75,325 oz. gold to the company’s account. The mine turned out the bul…
The previously announced corporate restructuring of Breakwater Resources (TSE) moved a step closer to fruition with the recent execution of a formal agreement with a group headed by Roy Shipes of Tucs…
Management of Breakwater Resources (TSE) is expected to pass into the hands of Arimetco International (TSE) following a cash injection of about $5 million into Breakwater’s treasury by the Shipes fami…
Financially beleaguered Breakwater Resources (TSE) and Banque Indosuez are seeking to restructure the terms and conditions of the Swiss franc bonds issued by Breakwater in 1987. Banque Indosuez is act…
Operations at the Gooseberry mine and tailings project in Nevada were recently suspended by owner Asamera Minerals (TSE) because the project is not economically viable at current gold and silver price…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.