News

Junior Crystallex International (VSE) has reached an agreement with Eurus Resources (VSE) to acquire all of the Albino property in southeastern Venezuela. In return for transferring its right to a hal…

A planned 3-for-1 share split is expected to boost liquidity in Argentina Gold (VSE). On approval by the Vancouver Stock Exchange, the issue’s outstanding shares will increase to 18.4 million from 6.1…

The Geological Survey of Canada (GSC) is assuming an active role in the northeastern Alberta exploration play that has attracted such companies as Lac Minerals (TSE), Tintina (TSE), NSR Resources (TSE…

Ian Smith elected chairman.

Ronald Cambre elected chief executive officer, vice-chairman and president.

Surface drilling has expanded several gold zones on Breakwater Resources’ (TSE) East Amphi property near Malartic, Que. Previous surface and underground exploration had established a mineral inventory…

Thomas Whitelock appointed managing director of African operations.

Mining and mineral exploration is second only to agriculture in terms of value to Saskatchewan’s economy, provincial Mines Minister Douglas Anguish said in declaring May 29-June 4 as Mining Week. The …

Further results have been released by the partners involved in the Cross property kimberlite discovery in the Northwest Territories. Vancouver-based Ashton Mining of Canada (TSE), which made the disco…

Shareholders received encouraging news at the annual meeting of Rayrock Yellowknife Resources (TSE). Fiscal 1993 marked the 18th consecutive year of profitability, with more than $8 million having bee…

Junior Geomaque Explorations (TSE) raised $10.4 million from a recent share offering, most of which will be used to bring its Mexican gold property into production. Situated in Sonora state, the San F…

The commodity price index of The Bank of Nova Scotia dropped 5.9% in April from the previous month. The oil sector picked up but was more than offset by falling forest product and metal and mineral su…