News

Anthony Petrina and William Stanley appointed directors.

George Faulkner appointed director.

Alex Bissett appointed president.

Junior diamond explorer United Reef (TSE) will issue a convertible debenture to South African diamond miner Trans Hex Group for up to $4 million. The debenture is convertible at the rate of one common…

An unexpected increase in the U.S. jobless rate in January brought investors back to the markets, which helped the Toronto Stock Exchange post a significant gain over the 5-day report period ended Feb…

The downtrend in western markets remains intact, with the Vancouver Stock Exchange resource index losing more than 21 points during the week ended Feb. 7 to close at 1,148.40. The composite index fare…

Preliminary development is under way at the Mammoth mine in the Tintic mining district near Salt Lake City, Utah. The rehabilitation of underground tunnels from the 300-ft. level to surface is allowin…

The global mining scene as viewed by an international contractor will form the basis of an address at the Feb. 16 luncheon of the Toronto branch of the Canadian Institute of Mining, Metallurgy and Pet…

The latest results released by Diamond Fields Resources (TSE) show improved grades over the first phase of drilling at the Voisey Bay nickel-copper-cobalt discovery on the northeastern coast of Labrad…

A subsidiary of Cyprus Amax Minerals (NYSE) can earn a half interest in the northern portion of the Table Mountain gold property in northern British Columbia. Cusac Industries (TSE) will retain a 100%…

Instrument maker Scintrex has received new orders worth $4.6 million in total. The Concord, Ont.-based company says its orders include $2.8 million for geophysical instrumentation, $1 million for port…

David Duval appointed director.