News

Michael Pilgrim appointed director.

I. Pasternak appointed director.

Wayne Murdy elected senior vice-president and chief financial officer.

A $1-million private placement, subject to shareholder approval, is planned by Aronos Multinational (CDN) for its gold project in the Mexican state of Sonora. The placement will involve the issue of o…

The average daily trading volume on The Toronto Stock Exchange surged to about 50 million shares during the week ended Jan. 12, compared with 30-35 million shares on any given day last year. Market wa…

Continued weakness in diamond-related issues after the previous week’s selloff hampered western markets during the period ended Jan. 12. The Vancouver Stock Exchange resource index was left unchanged …

A policy of privatization by the Swedish government has placed Geonics Ltd. of Mississauga, Ont., on the sales block. Geonics is wholly owned by the SGAB Group, a state-controlled Swedish enterprise c…

Drilling on the Macuelizo gold-oxide project in Honduras recently returned encouraging results for owner Melinga Resources (VSE). One hole in a previously untested zone known as the Sugar Loaf Hill re…

Testing of the Santo Tomas porphyry copper deposit in the Mexican state of Sinaloa is confirming previous drill results and the presence of a high-grade core area, Exall Resources (TSE) says. The comp…

Shareholders of Mt. Grant Mines recently approved a name change to Venezuelan Goldfields (VSE) to reflect the junior company’s growing exposure to mineral projects in Venezuela and other Latin America…

After a millennium of continuous operation, the Falun copper mine in central Sweden has finally run out of ore. Cleanup operations at the mine began in December and are expected to continue through th…

William McKnight will replace Jake Epp as a speaker at the Mineral Economics Symposium sponsored by the Canadian Institute of Mining, Metallurgy and Petroleum to be held here Jan. 25. McKnight replace…