News

Carl Zuber appointed chairman of the board and managing director; Jay Sujir appointed director. N5…

Drilling has begun on the Mainstreet property in Louvicourt Twp. near Val d’Or, Que. Aur Resources (TSE) and Beaufield Consolidated Resources (VSE) report. Aur may earn a 60% interest in the project b…

Hugh Maddin and Peter Barton elected directors. N5…

David Dahl appointed president and director; Adrienne Abney and Allan Wright appointed directors. N5…

Richard Addison appointed director.

For the first time in a long while, Canadian gold equities showed up in the financial pages of the dailies under the heading “Biggest Net Losers.” It happened on Aug. 6, when gold bullion prices took …

A private placement of 2.5 million units at 40 cents each has been completed by Southern Copper (VSE). Each unit consists of one common share and one share purchase warrant redeemable for a Southern C…

Construction of the Quebrada Blanca copper mine is on schedule and within budget, according to three Vancouver-based companies with interests in the Chilean project. Cominco (TSE) has a 38.2% interest…

Drilling is under way on the Sagar-1 property near Fermont, Que., report partners Virginia Gold Mines (ME) and Soquem. The program is designed to confirm the presence of a large zone of copper and pre…

Montreal-listed junior Tandem Resources (ME) has sold most of its 25.3% controlling interest in Matt Berry (CDN) to GTL Investments, a private Toronto-based company. In another transaction, Matt Berry…

A 48% investment in a Chilean boron company is causing plenty of headaches for Boron Chemicals International (VSE) and parent company Trans America Industries (VSE). Boron Chemicals recently negated i…

Citing lower realized gold prices and a decrease in production, Lac Minerals (TSE) reported a loss of US$800,000 for the quarter ended June 30 compared with second-quarter earnings of US$4.4 million (…