News

Drilling tests discovery at western Fors prospect

The share prices of Consolidated Ramrod Gold (TSE), Chapleau Resources (VSE) and Barkhor Resources (VSE) held firm even though assay results were not as good as expected from the first hole drilled on…





NEWS ROUNDUP — Bruneau reactivation proposed

Shareholders of Bruneau Mining (ME) will be asked to approve a new reactivation plan for the company at a joint annual and special meeting on Dec. 30. Under the plan, Canamax Resources (TSE) and its s…


NEWS ROUNDUP — Cancelled dividend hurts Redstone

Cancellation of a previously declared dividend by Falconbridge Dominica C. por A. (Falcondo), a subsidiary of Falconbridge, has resulted in decreased net earnings for Redstone Resources (TSE). Redston…



PNG seeks larger stake in Porgera

The new coalition government of Papua New Guinea (PNG) headed by Prime Minister Paias Wingti has served notice that it plans to seek an additional 20% to boost to 30% its stake in the Porgera gold min…





U.S ROUNDUP — Centurion terminates joint venture

A legal dispute was recently settled between Centurion Mines (NASDAQ) and Crown Resources (NASDAQ) relating to the Kings Canyon property in Utah. A joint venture was also terminated between the compan…


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