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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…
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…