News

Thomas Whitelock appointed managing director of African operations.

Mining and mineral exploration is second only to agriculture in terms of value to Saskatchewan’s economy, provincial Mines Minister Douglas Anguish said in declaring May 29-June 4 as Mining Week. The …

Further results have been released by the partners involved in the Cross property kimberlite discovery in the Northwest Territories. Vancouver-based Ashton Mining of Canada (TSE), which made the disco…

Shareholders received encouraging news at the annual meeting of Rayrock Yellowknife Resources (TSE). Fiscal 1993 marked the 18th consecutive year of profitability, with more than $8 million having bee…

Junior Geomaque Explorations (TSE) raised $10.4 million from a recent share offering, most of which will be used to bring its Mexican gold property into production. Situated in Sonora state, the San F…

The commodity price index of The Bank of Nova Scotia dropped 5.9% in April from the previous month. The oil sector picked up but was more than offset by falling forest product and metal and mineral su…

An associated company of TVX Gold (TSE) has completed its acquisition of a majority interest in a controversial gold property in Venezuela. Known as Brisas del Cuyuni and situated in the Kilometre 88 …

Toronto-listed Northfield Minerals can earn a half interest in a 1,000-acre property in western Utah. Known as the Clifton claims, the property contains a gold-silver vein system running up to 70 ft. …

An independent feasibility study commissioned by MK Gold estimates US$128 million will be required to develop a mine and mill at the Jerooy gold project in Kyrghyzstan. The company and Kyrghyzstanian …

A private company run by former executives of now-bankrupt Curragh expects to reach a deal with receiver Peat Marwick Thorne this month regarding the purchase of Curragh’s Faro lead-zinc mine in the c…

Derek Pannell appointed president.

Robert Whittall appointed vice-president of finance.