A devalued Loonie and poor performances in the metals sector contributed to a dismal performance by the Toronto Stock Exchange 300 index during the report period July 22-28. The index finished the wee…
Despite tough times for base metal producers, Rio Algom (ROM-T) enjoyed a profitable second quarter as it continued to expand both its copper production and its metals distribution business.Earnings t…
At its West Greenland diamond project, Platinova (PAS-T) has discovered a field of kimberlite boulders containing xenoliths of mantle material on the shore of a lake.The lake is 500 metres in diameter…
Toronto-based Tiomin Resources (TIO-T) expects to raise $1 million through a private placement of 2 million shares priced at 50cents each.The company is preparing to begin a feasibility study at its K…
Ongoing drilling at the Itetemia gold property in the Victoria Lake gold district in Tanzania has confirmed the volcanogenic nature of mineralization.Tan Range Exploration (TNX-A) reports that five co…
Arizona Star Resource AZS-V) will acquire control of the Cenizas gold project in northern Chile from Fremont Gold (FGLD-O) and Rio Tinto (RTP-N).Situated 175 km southeast of Antofagasta, the 13,259-ha…
St. John’s, Nfld.-based Buchans River (BUY-A) has agreed to option the Little Sandy base metal properties in the central region of its home province.The vendor, Noranda Mining & Exploration, a subsidi…
Toronto-based SouthernEra Resources (SUF-T) has attached a resource figure to the partly owned Camafuca diamond pipe in Angola’s Lunda Norte province.Resources are pegged at 88 million cubic metres gr…
Regulatory concern has prompted Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T) to clarify information pertaining to an independent scoping study of the Meliadine West gold project, 20 km n…
While it won’t rival the giant Goldstrike operation in size, the Pierina gold mine in Peru is expected to incur production costs considerably lower than those reported for Barrick Gold’s (ABX-T) corne…
Rayrock Resources (RAY-T) is acquiring the remaining 65% interest in the Daisy gold mine from sister company Inter-Rock Gold (IRO-T).Currently, 35%-owner Rayrock operates the open-pit mine, which is n…
Noveder (NED-M) has intersected more copper-cobalt mineralization at its Cabot property in Newfoundland’s Baie Verte region.Within most holes, Noveder has delineated two zones of sulphide mineralizati…
By continuing to browse you agree to our use of cookies. To learn more, click more information
Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.