News

Marc Becker appointed director.

Laurie Jones appointed director.

Tom Dean appointed director.

Bernard Michel appointed chairman.

Richard Hughes appointed director.

Clayton Dodd, Roger Davey, Rodney Duncan, Irvin Ridd and Maynard Brown appointed directors.

Toronto-based Citadel Gold Mines (TSE) has terminated the lease on its Surluga gold mill in Wawa, Ont. The lease had been held by Monk Gold & Resources (ASE). Citadel is reviewing its gold property an…

On Nov. 29, 1938, at North Bay, Ont., members of the American Diamond Drill Core Manufacturers Association met with some of the principal drill operators and manufacturers in Canada. The purpose of th…

The Canadian exploration unit of a major U.S. company has stepped in to fill the shoes of Battle Mountain Canada on the Amalgamated Kirkland property near Kirkland Lake, Ont. Cyprus Canada, a unit of …

Glamis Gold (TSE) has entered into an agreement with Loewen, Ondaatje, McCutcheon to place 1,250,000 common shares at a price of US$8.625 per share for gross proceeds of $10.8 million. This sale is in…

Toronto-based Altai Resources (TSE) has entered a joint-venture agreement with Chimu Mining of Lima, Peru, covering property in the South American country. Alta has acquired an option to earn a 60% in…

A rights offering is being made to shareholders of Biron Bay Resources (ASE) entitling them to buy one unit in the company at 80 cents for every 10 rights held. Each unit consists of one common share …