Victory pushes Minago closer to development
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…
Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.
Shares of Prophecy Platinum (NKL-V, PNIKF-O) shot up 10.24% or 43¢ to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse.
Vancouver – Uncertainty and caution continued to disrupt markets in the August 15-19 trading period as the S&P/TSX Venture Composite Index dropped 52.52 points to close at 1,764.84 points. While up from the low of 1,682 points hit in early…
The August 15-19 period brought more hard times for Canadian investors as the TSX Composite Index resumed its downward plunge, falling 619 points to finish just a shade above the 12,000 mark at 12,007.47 points. The lone feel-good story was…
Anxiety overtook investors on Wall Street as the Dow Jones Industrial Average posted its fourth week of losses during the Aug. 15-19 trading period.
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
Higher costs are pushing capital expenditure estimates higher for Barrick Gold’s (ABX-T, ABX-N) major growth projects at Pueblo Viejo, Pascua-Lama and Cerro Casale, the company reports.
Golden Star Resources (GSC-T, GSS-X) recently reported an initial resource estimate for its new Buesichem South deposit in Ghana, days after posting lower preliminary operating results for the second quarter.
A little-known junior explorer based in Elephant Butte, New Mexico (population: 1,500), surprised investors twice last month, first by releasing spectacular rare-earth-element (REE) assays from its Warm Springs beryllium project in Sierra…
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