RNC Minerals
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GOLD: RNC solidifies focus on gold with new project, name change
TORONTO – RNC Minerals is making its status as a gold-focused company official, announcing the acquisition of a third gold project in Australia, and proposing a name change to Karora Resources. RNC already operates the Beta Hunt and Higginsville gold…
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MINING PEOPLE: Azimut, Eastmain, Endeavour Mining, G2 Goldfields, Noront, RNC Minerals
Donald McInnes has resigned from the board of Aurelius Minerals with Gilles Arseneau appointed a director of the company. David de Jongh Weill, Axmin’s CFO and a director of the company, has resigned. Glenn Mullan has been appointed as a…
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GOLD: RNC identifies new structure at Higginsville
AUSTRALIA – A recent gravity survey completed at RNC Minerals’ Higginsville gold operation (HGO) has delineated a 5-km long prospective structure located north of the HGO mill. This structure appears to run sub-parallel to the major regional shears which control…
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MINING PEOPLE: Avino, Azimut, Calibre, Ceylon Graphite, Mineral Mountain, MinKap, Mkango, RNC, Royal Road, Solaris
Avino Silver & Gold Mines has announced Nathan Harte as its CFO and Peter Latta as vice-president of technical services. Harte has been with the company since 2016 and became its interim CFO in November of 2018. Latta joined Avino…
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RNC bets Higginsville worth cost of dilution
RNC Minerals (RNX-TSX; US-OTC: RNKLF) Chairman and CEO Paul Huet is like the hockey coach who takes over midseason because the team is underperforming. The Toronto-based company brought Huet in as chairman of the board in February to try to turn…
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MINING PEOPLE: Centerra Gold, Benz Mining, Copper Mountain, Golden Predator, RNC Minerals, and Tethyan
Toronto-based Centerra Gold says Michael S. Parrett will succeed Stephen A. Lang as independent chair of the board, effective Oct. 1, 2019. Lang, who has been board chair since 2012, and he will retain his seat. Parrett has been on…
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RNC expands Beta Hunt with resource update
Infill and exploration drilling in the Western Flanks Zone of the Beta Hunt gold mine in Western Australia has boosted measured and indicated resources five-fold and inferred resources three-fold, RNC Minerals (TSX:RNX) reports. The updated resource for the Western Flanks zone incorporated…
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GOLD: RNC Minerals closes $12M bought deal financing
TORONTO – RNC Minerals has closed a $12-million bought deal financing by issuing approximately 24.5 million common shares at a price of $0.49 each. The offering was underwritten by a syndicate co-led by Haywood Security and Cantor Fitzgerald Canada. The…
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MINING PEOPLE: GSSI, Gatling Exploration, GoldSpot Discoveries, and RNC Minerals
Geophysical Survey Systems Inc. (GSSI), headquartered in New Hampshire, has hired Adam Mercer as application specialist responsible for British Columbia, Alberta and Saskatchewan. He holds a MSc in geophysics, and comes to GSSI from a major global drilling company. Jan…
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GOLD: Toronto miner’s gold production spikes 199%
AUSTRALIA – RNC Minerals announced a record quarterly gold production of 31,360 mined gold ounces in the third quarter of 2018. According to the company, such production represents a 199% increase when compared to the third quarter of 2017 and…
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GOLD: New find at Beta Hunt yields 9,000 oz. for RNC
AUSTRALIA – Toronto-based RNC Minerals recently made a new high grade gold discovery at its Beta Hunt gold-nickel mine 600 km from Perth. Last week the company recovered 9,250 oz. of gold from a 130 tonnes of ore from the…
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NICKEL-COBALT: New roasting method ups nickel payability by 25% for RNC
QUEBEC – RNC Minerals of Toronto says its innovative roasting approach has used value-in-use market analysis to determine that nickel payability for Dumont nickel concentrates will be 94%. Compare that to 70% to 75% for conventional smelting and refining. The…
