News

PEOPLE — Highwood

James Roxburgh appointed chairman, CEO and director; W.D. Vardill appointed director; P.M. Madaleno appointed director.



First Dynasty expands Armenian output

A threefold increase in production is in store for the Armenian gold projects of First Dynasty Mines (FDM-T).The junior miner and its joint-venture partner, state-owned Armgold JSC, have decided to ex…


COMMENTARY — Cities fuel mining industry

Last May, Mining Works for Canada and the Toronto Stock Exchange (TSE) presented Peter Munk, president of Barrick Gold, with an award for Lifetime Achievement in Mining Finance and celebrated Toronto’…




PEOPLE — Corsair

Raymond Smith appointed president; P.E. Collins appointed vp exploration; J.E. Lefebvre appointed vp land; Jan Campbell appointed cecretary.





Manhattan raises $27.5m

Manhattan Minerals (MAN-T) has closed a $27.5 million equity financing.A syndicate of underwriters sold 5.5 million shares at $5 each. Proceeds are earmarked for a second phase of exploration and dril…


Madison ups Mt. Kare stake

Madison Enterprises (MNP-V) has acquired an additional 25% indirect interest in the Mt. Kare gold-silver project from Australian-based Carpenter Pacific Resources.Under the deal, Madison will gain all…


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