Canada’s VG Gold Corp declared Lexam Explorations Inc agreed to invest C$3 million in the company and become its leading shareholder, sending VG Gold’s shares up more than 100 percent to a 52-week high. For full story, click here
Canada-based New Gold Inc has reported strong 2009 June quarter performances from two of its international gold mining operations, Cobar’s Peak Gold Mines and Mexico’s Cerro San Pedro Mine. New Gold CEO Robert Gallagher stated: With continued strong performance at Peak and Cerro San Pedro, we are very pleased to see our production increase and [...]
Canada’s Jaguar Mining Inc. declared that its second quarter gold output jumped 24 percent sequentially, helped mainly by the re-start of leaching operations at its Sabara mine in Brazil. For full story, click here
Canadian Gold Hunter Corp. has entered into a definitive agreement to acquire all of the issued and outstanding shares of Sanu Resources, Ltd. Based in Canada, both Canadian Gold Hunter and Sanu Resources are mineral exploration companies. For full story, click here
Canadian Gold Hunter Corp. declared that it is going to acquire Sanu Resources Ltd. in order to expand its gold and base metal mining business to Africa. For full story, click here
Slam Exploration declared that is open to a joint venture or partnership following the completion of a review of its gold projects in central Canada. For full story, click here
Canadian junior gold explorer, Banro Corporation has closed the issuance and sale of 43,479,000 common shares of the Company at a price of CAD2.30 per share for aggregate gross proceeds of CAD100,001,700. For full story, click here
Hawthorne Gold Corp. declared that eight NTW diamond drill holes have been completed, totaling 409.49 metres, on the Taurus zone in the Cassiar Gold Camp, northern British Columbia, Canada. Richard Barclay, President and CEO of Hawthorne, stated: Hawthorne is aggressively pushing forward with all facets of its 2009 exploration and development program and we are [...]
PC Gold Inc. declared that the Company’s Phase II drill program on its past producing Pickle Crow gold mine property in northwestern Ontario, Canada, has begun. For full story, click here
Sutter Gold Mining Inc. declared the appointment of Mr. James A. Crombie and Mr. David A. Fennell as Directors to the Board of Directors of Sutter Gold Mining Inc. Both Directors stood for nomination and were subsequently elected to the Board at the Company’s Annual and Special Meeting of Shareholders which was held on June [...]
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