Golden Star Resources (GSC-T) will play the angel in a restructuring of French-based Guyanor Resources (GRL.B-T), providing continuing financing and forgiving an existing loan.
The Toronto Stock Exchange’s S&P-TSX composite index saw its recent ascent flatten out somewhat with a 99.4-point gain to make 8,418.38 points by the end of the May 26-June 1 report period.
Vancouver — Anglo American (AAUK-Q) has dropped its option on Muskox Minerals‘ (MSK-V) Muskox Intrusive project in the Coronation Gulf region of Nunavut.
The TSX Venture Exchange managed neither a loss nor a gain over the report period May 26-June 1, ending at 1603.22 after breaking its 6-week losing streak in the previous week.
The president and CEO of the Mining Association of British Columbia (MABC), Gary Livingston, has stepped down to assume the same posts with Western Canadian Coal.
Southern Cross Resources (SXR-T) has identified more uranium within 500 metres of the Honeymoon Resource on Mining Lease 6109 in the Curnamona area, 75 km northwest of Broken Hill in the state of Southern Australia.
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