News

A large jump in metals and forest product prices resulted in a 2.2% increase in the Bank of Nova Scotia’s commodity price index in January, the sixth consecutive monthly gain. The bank’s all-items ind…

Randy Turner appointed president and director.

Peter Crossgrove appointed chairman and director.

A private placement is expected to provide Black Swan Gold Mines (TSE) with $1.2 million, which it will use to acquire and develop the Santa Helena and Novo Mundo gold prospects in Brazil. The placeme…

BGR Central Net Value $15.83 $6.30 Price $13.25 $6.375 Discount 16.29% Premium 1.2% Value $123,856,000 $115,383,038…

Junior Murgor Resources (VSE) has reported results from two additional holes drilled on the Barry Twp. gold property in northwestern Quebec. Hole 95-2, collared 82 ft. south of hole 95-1, intersected …

They had been commissioned by the syndicate formed by Karl Springer and “Doc” Kidd to prospect and explore for gold and silver in the Coast Range Mountains, north of Stewart, B.C., during the summer o…

Gold producer Greenstone Resources (TSE) has almost doubled the gold resource contained within the San Andres project in Honduras. The resource rose to 1 million oz. after completion of a 2,500-metre …

A preliminary economic evaluation on the Kabanga nickel-cobalt project in Tanzania estimates the yearly cash flow at US$115 million, not US$155 million as reported in our issue of Feb. 27. BHP Mineral…

Under a joint-venture agreement, Atna Resources (VSE) has the option to earn from YGC Resources (VSE) a 65% interest in eight base metal properties in the Yukon. To do so, Atna must spend $1.5 million…

Marc Oppenheimer appointed president and chief executive officer; Douglas Newby and Stephen Goss appointed vice-presidents; and W. Zin appointed chief operating officer.

Former producer Dona Lake Gold Mine has been charged with three violations of Ontario’s Occupational Health and Safety Act in connection with a critical-injury accident in 1994 at its mill near Pickle…