G2 Goldfields to raise $31 million for Oko project in Guyana
AngloGold Ashanti is purchasing about 9 million shares and a single European investor is picking up the remainder.
MEXICO – The directors of EXCELLON RESOURCES of Toronto have approved construction of a 350-t/d lead-zinc flotation mill at the company’s Platosa test mine near Bermejillo. Mill construction should begin in the latter half of this year and commissioning begin in Q1 2009. The project has a capital cost of $10 million….more at Canadian Mining Journal