News

A. Roy appointed chief operating officer and vice-president of engineering & construction; R. Young appointed vice-president of sales and marketing.

Robin Hickson appointed vice-president.

William Radvak appointed president.

John Taylor appointed vice-president and chief financial officer.

David Thompson appointed president and chief executive officer.

Robin Hickson appointed president.

Gold Funds as of Dec 26 BGR Central Net Value $17.04 $6.56 Price $13.75 $6.625 Discount 19.29% Premium 1% Value $134,772,000 $119,907,863…

American Reserve Mining (AMI:VSE) has changed its name to AMI Resources (AMU:VSE) on a 1-new-for-16-old-share basis.

A private placement gives Summo Minerals (VSE) $3 million to fund a feasibility study of its Lisbon Valley copper oxide project in Utah. The placement includes 2.5 million units at $1.20 per unit. A u…

A placement of 5.4 million special warrants at 75 cents each is under way for Arequipa Resources (VSE). The expected proceeds of $4 million will be used to explore and develop the junior’s Peruvian pr…

Toronto-listed Caledonia Mining has completed transactions to acquire two companies with operating gold mines in South Africa for a total of $49.1 million. Caledonia can acquire a 100% interest in Bar…

Diamond drilling has begun on Detector Resources’ (ASE) Pistol Lake gold project, 90 km west of Thunder Bay, Ont. The 1,300-metre, 6-hole program will attempt to define the downdip extension of the Co…