News

Joint-venture partners Southwestern Gold (VSE) and Cambior (TSE) have reached a purchase agreement with the owners of Peruvian resource company Minera Paraccay. Minera Paraccay owns the Santa Rosa gol…

Central Crude (TSE) has made an option payment of $175,000 to Storimin Exploration (ASE) and Tandem Resources (ME). The payment is part of an agreement among Central and the other two companies whereb…

Lori Ann MacKisey appointed director.

Gary LaValley appointed president and director.

Paul Carmichael appointed president and director; Richard Gliege and William McIver appointed directors.

R. Taylor appointed president; Orval Gillespie appointed chairman.

After seven years of legal battles, the lawsuit between Ontex Resources (ASE) and Metalore Resources (TSE) over the Brookbank gold property in northwestern Ontario has finally been resolved. The end c…

A private placement of 316,305 units at $25.50 each will net Sutton Resources (VSE) about $8.1 million. Each unit includes a share, plus a 2-year purchase warrant exercisable at $25.50 in the first ye…

A surface drill hole on International Larder Minerals’ (CDN) Cross mine property near Denver, Colo., has intersected gold mineralization. The hole, drilled to test the south side of a mineralized zone…

After three years of continuous losses, Atlas (NYSE) has adopted a plan to lift itself out of the red in fiscal 1994. The turnaround strategy is being implemented by a new management team headed by St…

Favorable results have been obtained from preliminary exploration of Keylock Resources’ (ASE) gold property in the Slovak Republic. The program consisted of mapping, trenching, channel and chip sampli…

Underwriters Richardson Greenshields of Canada and Wood Gundy have agreed to sell five million shares of Aur Resources (TSE) at $5.60 per share. Teck (TSE) and Cominco (TSE), which hold a pre-emptive …