News

Paul Kavanagh appointed director; Paul Kostuik appointed chairman and chief executive officer; Mauro Coppela appointed president, chief operating officer and director.

William Burton appointed director.

Daniel Goffaux appointed vice-president, operations.

Harold Davis appointed vice-president, finance and chief financial officer; Dennis Mortensen appointed general manager of the Johnson Camp mine.

Long before West Africa caught the attention of mineral explorers and investors, Eden Roc Minerals (TSE) began searching for gold in the cocoa plantations and tropical jungles of Ivory Coast. Their se…

Terry Eller elected vice-president, secretary and general counsel.

Rodney Duncan appointed director, president and chief executive officer; Michael Iannacone appointed director and chief financial officer; Jose Furnaguera Castellon, Robert Kendrick, Seven Kerr, Danie…

Australian-based Ashton Mining of Canada (TSE) has discovered a third kimberlite near Attawapiskat River in northern Ontario. The company is earning a 51% interest in the project, which is 70% owned b…

American Gem (TSE) has completed a $7.3-million Euroequity offering. The placement, consisting of 1.5 million shares at $4.88 per share, was arranged by IBK Capital, a Toronto-based investment banking…

Surface and underground drilling by Hendricks Minerals (CDN) continues to intersect shallow, low-grade mineralization over broad widths at the Cross Lake gold-silver project in Colorado. To date, two …

Fueled by increases in base metal prices, the Toronto Stock Exchange 300 composite index gained just over 100 points to close at 4,269.15 for the week ended May 17. The mines and metals subgroup, lead…

Finnish conglomerate Outokumpu Mines plans to earn a 55% interest in the San Carlos property from Orcana Resources (VSE). The property is situated in Mexico’s Sonora state, and Outokumpu can earn the …