News

Tasu Resources Ltd.(TAS: VSE) has changed its name to Imtrex Industries & Recycling Inc. with no consolidation of capital. Transfer agent is Montreal Trust.

Burns Fry has announced that it owns or has control over 459,200 convertible first preference C shares of Corona (TSE), representing about 16% of Corona’s outstanding C shares. The securities firm say…

Gold funds as of Oct. 16 MVP BGR Central Capital Net value $10.01 $5.54 $0.28 Price $9.25 $5.125 $0.14 Discount 7.59% 7.5% 50.0% Value $59,611,946 $86,224,538 N/A…

Kerr Addison Mines (TSE) is moving to take a tighter grip on 44% owned RFC Resource Finance (TSE) before continuing with exploration on RFC’s wholly owned Pend Oreille zinc project in Washington. With…

Drilling is under way at the Beta Vargas gold property in Costa Rica, Adonos Resources (VSE) and Lyon Lake Mines (ME) report. A 21-hole drilling program is planned to confirm and possibly upgrade a pr…

An affiliate of Newmont Mining (NYSE), Newmont Australia, recently acquired control of BHP Gold Mines from BHP’s parent, Broken Hill Pty. Co. of Australia, in a stock swap. Newmont Australia purchased…

The final round in Ontex Resources’ court battle against TSE-listed Metalore was being fought during the report period ended Nov. 13 as lawyers from each side presented their final summaries at the tr…

Northgate Exploration’s (TSE) affiliate NorthWest Gold (AMEX) recently declared a $149.5-million writedown on the carrying value of its remote Colomac gold mine in the Northwest Territories. While the…

An option agreement between the partners of the Moapa Valley precious metals project in Nevada and Blue Falcon Mines will not proceed at this time, Micron Metals Canada (ASE), one of the Moapa partner…

Quebec’s Ministry of Energy and Resources (MER) will hold a seminar on exploration, Nov. 21-22, at the Chateau Frontenac in Quebec City. This seminar will highlight the latest developments in explorat…

Colorado-based Newmont Mining (NYSE) has reported a big increase in third-quarter earnings after selling off interests in its Australian gold affiliate and U.S. coal company Peabody Holdings. A record…

The federal Department of Energy, Mines & Resources (EMR) has come up with an important document outlining its view of the current state of affairs in the Canadian mineral exploration industry. What m…