News

Shareholders of Ressources Maufort have approved a name change to Mines Dynacor. A corporate recovery plan will include a consolidation of shares on a 10-for-1 basis. The company will also seek financ…

The government of the West African country of Burkina Faso (formerly Upper Volta) has granted Exploration Loubel (ME) mining rights to a 314-sq.-km area. The property is underlain by a north-south-str…

Vancouver-listed Abacus Minerals has entered a joint-venture agreement with Nova Scotia syndicate Mex Explorations. Abacus can earn a half interest in two properties totaling 462 claims in the Pinchgu…

A small Venezuelan mining delegation recently viewed the vat leaching technology developed by NovaGold Resources for the extraction of gold. Gerald McConnell, president of the Halifax, N.S.-based comp…

After a brief hiatus following the closing of the Camflo mine, the Camflo mill is again producing gold from the ores of the Abitibi gold belt. Richmont Mines (TSE) bought the mill, near this small nor…

Former prime minister Brian Mulroney has joined the board of directors of gold producer American Barrick Resources (TSE) and its major shareholder Horsham (TSE). The Barrick directorship is Mulroney’s…

Toronto-listed Metall Mining has started drilling on Mountain Lake Resources’ (VSE) base metal property near Kirkland Lake, Ont. Metall will drill at least four holes to test several bedrock electroma…

To eliminate 112 jobs by year end, the mining division of Brunswick Mining and Smelting (TSE) has introduced a “voluntary employee reduction program.” The 3-part program, which will last for six weeks…

D. Campbell, Basil Pantages and Robert Wilkinson appointed directors. N5…

Kim Morris, Lana Ko appointed directors. N5…

Alan Stier appointed director. N5…

Minaz Devji, Salim Ghafari and Alim Dhanani appointed directors. N5…