News

A rights offering has netted Canuc Resources (CDN) about $510,000, enabling the company, once again, to explore for minerals. It is now evaluating two gold properties in Mexico and Spain. In other new…

Eric Wiltzen appointed president or director.

Joseph Notaro appointed vice-president, finance; Avrom Howard appointed vice-president, exploration.

Richard Coglan appointed director; Robin Lockhart appointed chief financial officer.

BGR Central Net Value $14.94 $6.21 Price $13.88 $6.625 Premium 6.7% Discount 7.10% Value $83,666,000 $119,907,863…

Gold Parl Resources (GPA:VSE) has changed its name to Canmet Resources (CMT:VSE) on a 1-new-for-2-old-share basis.

Manitoba is mining-friendly and open for business. That was the message of provincial Mines Minister Donald Orchard here at the 25th Annual Manitoba Mining, Minerals and Petroleum Convention. And to h…

Gold producer Hemlo Gold Mines (TSE) is looking to sell its 48% interest in Central Crude (TSE) and its 60% interest in the Eagle River gold project, near Wawa. The decision followed a review of Eagle…

Exploration is under way on Venezuela’s Lo Increible property, and expectations are running high. Labyrinth Resource (VSE), which has a market capitalization of close to $90 million, holds an option o…

Persistently low copper prices have prompted Gibraltar Mines (TSE) to shut down its mine and mill at McLeese Lake, B.C. Staged layoffs took effect Nov. 26; mining and milling ceased four days later. D…

Lyon Lake Mines (ME) has released results of reverse circulation drilling on the Beta Vargas gold project in Costa Rica. Results from the first 13 of 17 holes include 0.12 oz. gold per ton over 13 ft….

Project manager Agnico-Eagle Mines (TSE) has finished initial exploration of the Cavelier gold property near Matamagi, Que. Ownership is split 50-50 between Agnico and Radisson Mining Resources (ME). …