Rusoro Mining Ltd. report that a 43-101 report prepared by independent consultants Micon International Ltd. for the Isidora and Twin Shear gold projects has been filed. Both projects were part of the assets acquired in the acquisition of Hecla Mining Company’s Venezuelan assets. The total resources outlined in the report for Isidora confirmed the resources [...]

Hecla Mining company has just completed the transaction. The company sold its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro Mining Ltd. (Rusoro) for $25 million, consisting of $20 million in cash and 4,273,504 shares of Rusoro common stock. A 117-year-old company, Hecla has long been well known in the mining [...]

Hecla Mining Company has approved a revision to its agreement with Rusoro Mining Ltd. (Rusoro) to extend the date to July 8, 2008, for closing the transaction to sell its subsidiaries engaged in mining and exploring for gold in Venezuela to Rusoro for $25 million. The sale agreement was previously announced on June 19, 2008, [...]

Hecla Mining Co. says it is selling its subsidiaries in Venezuela to Rusoro Mining Ltd. in a deal worth $25 million.
The company says Rusoro, of Vancouver, British Columbia, will pay $20 million and give up Rusoro stock worth $5 million to purchase assets including leases for the Isidora gold mine and La Camorra mining facility [...]