Articles Tagged "venture"

CMQ Resources will explore North Sleeper Properties

CMQ Resources Inc. declared that the Exploration Agreement with Option to Form a Joint Venture has been finalized between Montezuma Mines Inc., a subsidiary of CMQ Resources Inc., and C3 Resources Inc. on C3′s North Sleeper gold exploration project. For full story, click here

KEFI Minerals surged 450,000 in Placing

Gold and copper explorer KEFI Minerals PLC declared that it has raised £450,000 before expenses through the placing of 36 million shares at 1.25 pence each to fund on-going strategic initiatives and further exploratory work on its highly prospective exploration areas in Turkey and Saudi Arabia where KEFI Minerals is operator of exploration joint ventures. [...]

Detour Gold updated mineral resource estimate

Detour Gold Corporation declared the results of an updated independent mineral resource estimate on the Block A property, a 50/50 joint venture between Trade Winds Ventures Inc. and Detour Gold, located near Detour Gold’s Detour Lake gold project in northern Ontario. For full story, click here

Bravo declared Options Barite Rights To Baker Huges

Bravo Venture Group Inc. declared that the company has signed an option agreement with Baker Hughes Drilling Fluids, a division of Baker Hughes OilField Operations, Inc., whereby Baker Hughes can acquire 100% of any barite ore at the company’s Shoshone Pediment gold project in the Battle Mountain-Eureka Gold trend in central Nevada. Bravo will retain [...]

SBI Mutual funds targets to mop up funds from gold etf

SBI Mutual Funds, the joint venture between State Bank of India and Societe General AMC of France, is targeting to mop up funds from its new SBI Gold Exchange Traded Scheme. SBI MF Chief Investment Officer, Mr Navneet Munot, stated: Given the uncertainty in the global economic environment, gold as an asset class offers an [...]

Midway finalizes Joint Venture with Barrick Gold

Midway Gold Corp. made a public appearance that it has signed a definitive agreement with Barrick Gold Exploration Inc., for an exploration agreement and option to joint venture Midway’s Spring Valley gold project, Pershing County, Nevada. Alan Branham, President and CEO of Midway Gold Corp, said: This agreement represents a milestone in the development of [...]

Rio observes delay in Mongolia Joint Venture

Rio Tinto has notified that construction of its $US3 billion Oyu Tolgoi copper-gold joint venture with Ivanhoe Mines may go ahead at a slower pace than planned even if the Mongolian Government signs a long-awaited investment agreement within days. Tom Albanese, chief executive of Rio, said: I think we will assess the global economic conditions [...]