News

Minera Valdez Gold S.A. de C.V., a wholly owned subsidiary of Valdez Gold (ASE), has staked additional ground in Sonora state, Mexico. The 177-sq.-mile property, known as Marisa, adjoins the company’s…

Gold producer Richmont Mines (ME) has closed a private placement of 2.5 million special warrants at $4 each. Each special warrant entitles the holder to buy one Richmont share at no additional conside…

After seven years of legal battles, the lawsuit between Ontex Resources (ASE) and Metalore Resources (TSE) over the Brookbank gold property in northwestern Ontario has finally been resolved. The end c…

The buzzword “globalization” will figure prominently in the speech of Placer Dome President John Willson when he addresses the Jan. 20 dinner meeting (and Students’ Night) of the Toronto branch of the…

The Ontario Securities Commission (OSC) has recommended to a provincial task force that it be granted rule-making powers, although any new regulation could still be vetoed by the Ontario government. T…

Jason Birmingham, Glenn Garland and William Diston elected directors.

Gordon Bilandzija and Mario Pinto appointed directors.

Victor Erickson appointed chief executive officer.

John Fraser appointed vice-president, exploration.

The Garden Lake gold property north of Thunder Bay, Ont., has been optioned by Weaver Lake Explorations. The 3,960-acre concession consists of eastern and western claim groups. The latter includes the…

The acquisition of the Ancohuma concession near Yani, Bolivia, gives Broadlands Resources (VSE) a second property in the country. Broadlands, which has been working on its nearby La Suerte property si…

A proposed transfer of the Magino and Magnicon mining properties to a newly formed joint exploration company will not proceed. The proposed transaction involved Flanagan McAdam Resources (TSE), McNell…