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Rediscovering and developing the mineral wealth of South East Europe - Proactive Investors (125 KB)
2010-02-18
As most exploration companies are painfully aware there is a diminishing quantity of “low-hanging fruit” available. Most resources which are high grade, low cost and in accessible and politically safe areas have been already taken. Companies nowadays must generally travel further, dig deeper or increase either the political or technical risk that they face.

A Surfeit of Riches - 321Gold (211 KB)
2009-10-21
According to Bing, Mae West was quoted as saying "Too much of a good thing can be wonderful." That sounds about right to me. I just came back from an incredible trip to Eastern Europe where I visited a number of copper and gold mines going back to Bronze Age times and later mined by the Romans.

$14.9 million China deal to help fund EurOmax projects in South Eastern Europe - Sofia Echo (80 KB)
2009-07-17
EurOmax Resources said on July 16 2009 that it closed its sale of its Bulagou property in China, with the total proceeds of $14.99 million to be used for exploration of its South Eastern Europe mineral properties.

After Some Nifty Deals, Euromax Now Has A New Lease Of Life In South Eastern Europe (236 KB)
2009-07-15
The second half of 2008 was a rotten time for Canadian-listed Euromax Resources and a look back at the newsflow from the company shows that chairman and chief executive John Menzies - usually a very forthcoming man - announced nothing between the end of October and just before Christmas.

Euromax Resources Completes Silk Road Acquisition (136 KB)
2009-07-01
EurOmax, a Canadian company with precious and base metal projects in South Eastern Europe, completed its acquisition of Silk Road Resources on June 29 2009, EurOMax chief executive John Menzies said.

Silk Road secures US$690K loan (114 KB)
2009-03-27
Road Resources Ltd. (SIL.V: News ) said Friday that is has obtained an unsecured loan in the aggregate amount of US$690,000 from a group of individual lenders. The company announced previously that it is pursuing a proposed business combination with EurOmax Resources Ltd. and realizing the full value of the project is a strategic component of the proposed business combination.

EurOmax moves into China on the Silk Road (44 KB)
2009-03-19
International Mining: EurOmax to merge with Silk Raod Resources and acquire Chinese gold properties.

Australia's International Resource Holdings To Sell Bulgarian Mining Projects to Canada's Euromax (60 KB)
2009-03-16
SEE News: EurOmax to acquire Balkan gold projects from International Resource Holdings.

Balkan Gold acquires West African properties - World Gold Council (129 KB)
2008-07-21
World Gold Council: Balkans Gold acquires gold explroation acreage in West Africa.

A Bear Market Will Be Very Efficient At Sorting The Wheat From The Chaff In The Mining Sector (22 KB)
2008-07-13
Minesite: A Bear Market Will Be Very Efficient At Sorting The Wheat From The Chaff In The Mining Sector
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