News

The Geological Survey of Namibia (GSN) recently began a program of geophysical activity to enhance the existing geophysical database with the aim of promoting and stimulating mineral exploration in th…

Everett Abbey appointed director.

Chet Idziszek appointed president and director; Derek Bartlett appointed director.

Stephen Flechner appointed president; Raymond Irwin appointed vice-president, exploration.

Lars Vannman appointed president; Dominique Doucet appointed executive vice-president; Ernest van Tuyll van Serooskerken and Michael Curtis appointed directors.

A. Hillier appointed president, chief operating officer and chief financial officer.

Mauro Coppola appointed director, Bahamas. He will also direct the company in gold exploration and acquisition activities.

It seems that every time gold seriously assaults the $US400-$410-per-oz. trading range, it is rebuffed. It happened last year, when gold drove through the $US410-per-oz. mark and it happened again thi…

New York-listed Sunshine Mining has filed a registration statement covering a rights offering to be made to its shareholders. Each right enables the holder to buy a unit consisting of two shares in th…

By April, Trader Resource (TSE) expects to have acquired Mountain Minerals, a diversified producer and marketer of industrial minerals. The $8-million transaction is still subject to financing, more d…

A group of Canadian underwriters has bought 23 million new shares of TVX Gold (TSE) at $8.75 each. The sale will net TVX $201.2 million before commissions. The group — led by Burns Fry and including …

Stade Exploration (ASE) has completed a private placement of 815,002 units at 75 cents each. Each unit consists of one Class A share (issued on a flow-through basis), one special warrant to acquire an…