News

William Doerfling appointed chief financial officer and director; Victor Retamal Araya appointed vice-president, mining operations for Neuquen province, Argentina.

A flow-through financing by Societe en commandite Vauquelin 1993 has raised $236,000 for Vauquelin Mines (ME). The junior plans to explore two properties in northwestern Quebec: Fourax, near Malartic,…

Safeguard Ventures (SFV:VSE) has changed its name to Amar Ventures (AVI:VSE) on a 1-new-for-5-old-share basis.

Gold Funds as of Feb. 16 BGR Central Net Value $16.44 $6.63 Price $15.00 $7.25 Premium 9.4% Discount 8.78% Value $92,115,000 $131,219,925…

Patrick Cheung appointed president, chief executive officer and director; Robert Ching, Arnold da Silva and Wing Shun Leung appointed directors.

Karl Rollke appointed president.

The bodies of two miners, trapped underground for more than two months at the Macassa gold mine near Kirkland Lake, Ont., have been recovered. The bodies of Robert Sheldon, 34, of Larder Lake, Ont., a…

American Bullion Minerals (VSE) has raised $5 million to explore and develop its Red Chris porphyry copper-gold project in northwestern British Columbia. The funds came from a brokered private placeme…

The proven and probable figure has just swelled at the Crofoot-Lewis open pit in northwestern Nevada. Having subjected the Brimstone deposit to further evaluation, Hycroft Resources & Development (VSE…

Toronto-listed Kinross Gold may have discovered a significant new zone at its Hoyle Pond mine in Timmins, Ont. Results from the first three holes of a drill program suggest as much. The discovery occu…

Latin America continues to beckon Toronto-listed Teck. The major is investing $1 million in Joutel Resources (TSE), in return for which it can earn a half interest in three of the former’s Cuban prope…

Two executives in the Canadian drilling industry, Christopher Bavage and Frank van Poppel, died recently in an automobile accident while on business near Timmins, Ont. Bavage was vice-president and ge…