News

J. Alexander and David Robinson appointed directors.

A production decision is possible late this year for the first commercial diamond mine in North America, according to a research report by First Marathon Securities. The investment firm based its opti…

A newcomer to the Canadian Dealing Network, International Gold Resources, has completed a private placement of one million special warrants at $2.50 each. The company was formed from a merger between …

Alberta-listed TR Minerals is seeking shareholder approval to reorganize. Under the plan, TR would acquire the mineral assets of two private companies, consolidate shares, raise financing, delist from…

Joint-venture partners Southwestern Gold (VSE) and Cambior (TSE) have reached a purchase agreement with the owners of Peruvian resource company Minera Paraccay. Minera Paraccay owns the Santa Rosa gol…

Antal Markus appointed president and director.

Central Crude (TSE) has made an option payment of $175,000 to Storimin Exploration (ASE) and Tandem Resources (ME). The payment is part of an agreement among Central and the other two companies whereb…

A private placement of 4.5 million special warrants will net Kensington Resources (VSE) about $3.1 million. The company will use the proceeds to explore its diamond prospects in Saskatchewan. Each spe…

As the debate over the reauthorization of the U.S. Endangered Species Act (ESA) intensifies, gold-mining companies, which have a big stake in the outcome, face a dilemma. While the industry supports t…

Production at Cameco’s (TSE) Eagle Point mine in Saskatchewan could begin as early as this summer, following approval from a federal environmental assessment panel. “All we’re waiting for now is feder…

Paul Carmichael appointed president and director; Richard Gliege and William McIver appointed directors.

R. Taylor appointed president; Orval Gillespie appointed chairman.