Mark O’Dea’s True Gold Mining Inc. (TGM) remained unchanged at 37.5 cents on 370,000 shares. The company has begun building a $132-million gold mine at its Karma project in Burkina Faso. To commemorate the occasion, the company invited 1,500 locals to the mine site last week for a groundbreaking ceremony. There, Naaba Keba, the region’s… Continue Reading

Mr. Paul Reynolds reports – Canaccord Genuity Group Inc.’s Peter Brown has resigned as a director and officer of the company, effective May 23, 2014, and will not be seeking re-election to the board of directors at the upcoming 2014 annual general meeting of shareholders. “On behalf of the board of directors, management and all… Continue Reading

A. E. (Ted) Turton, broker, promoter, financier and mentor to many, has died age 84. Mr. Turton stood out in the investment business; he cared more about people and their projects than about accumulating wealth. From time to time he could be a rascal, but he was always a gentleman. Loyal, humble and dignified, he… Continue Reading

Diamonds & Specialty Minerals Summary for Dec. 24, 2013 2013-12-24 10:43 PT by Will Purcell Grenville Thomas and Ken Armstrong’s North Arrow Minerals Inc. (NAR: $0.67) is waiting to hear if Matt Manson’s Stornoway Diamond Corp. (SWY: $0.74) will exercise its back-in right on the Pikoo diamond play in Northern Saskatchewan. North Arrow has just earned an 80-per-cent interest… Continue Reading

Ryan Gold Corp. (RYG) added three cents to 14 cents on 925,000 shares. Interim president David Schmidt has moved to vice-president of corporate development so executive chairman Murray John can take over as president. Mr. John is also the president of Corona Gold Corp. (CRG: $0.41) and a director of Dundee Precious Metals Inc. (DPM:… Continue Reading

The Globe and Mail reports in its Tuesday edition that RBC analyst Nathan Piper upgraded Parex Resources ($5.95) to “outperform” from “sector perform.” The Globe’s Darcy Keith writes in the Eye On Equities column that the upgraded came in the wake of Parex posting a cash-flow funded 2014 capital plan that is expected to deliver… Continue Reading

Petroamerica Oil Corp (C:PTA) Shares Issued 580,798,260 Last Close 6/25/2013 $0.25 Wednesday June 26 2013 – In the News The Globe and Mail reports in its Wednesday, June 26, edition that CIBC World Markets analyst Ian Macqueen has commenced new coverage on Petroamerica Oil with a “sector outperformer” rating and 40-cent target price. The Globe’s… Continue Reading