Baja Mining’s Boleo worth the wait
John Greenslade is probably one of the most tenacious – and brilliant – chief executives in the junior mining world.
News
North Country Gold extends Three Bluffs’ strike
Highlights from drilling at North Country Gold’s (NCG-V) Three Bluffs west zone in Nunavut include intercepts of 7.34 grams gold over 25 metres in hole 11TB104, 8.06 grams gold over 30 metres in hole 11TBC001, and 43.02 grams gold over 4 metres…
Commerce pulls long REE intercept from Ashram
Commerce Resources (CCE-V) has pulled the longest intercept to date at its Eldor rare earth element (REE) project in Quebec’s Ungava region.
Geomega shares jump on strong drill results
Geomega Resources (GMA-V) set the pace for miners on the Venture Exchange on June 22.
Kinross leads majors for investments in junior gold plays
After betting US$7.1 billion last year on the expansion potential of Red Back Mining’s Tasiast gold mine in Mauritania, Kinross Gold’s (K-T, KGC-N) chief executive Tye Burt has said his company’s buying spree has come to an end for a…
Stillwater to buy Peregrine Metals
Peregrine Metals (PGM-T) saw its shares surge more than 250%, after U.S. platinum miner Stillwater Mining (SWC-N) agreed to pay US$487.1 million for the junior and its large undeveloped copper-gold project in Argentina.
Positive results for First Point’s Decar
Concept is slowly becoming reality at First Point Minerals’ (FPX-V) unusual nickel project in central B.C., with encouraging metallurgical results giving the company its latest boost.
Aldershot beefs up uranium stable in U.S.
Philip Crabb says he “isn’t fazed by the current opinion of uranium,” and would, if asked, probably urge critics of the nuclear industry to take a trip to China if they needed any convincing that nuclear energy is the way to go.
Miners open their wallets at ‘Rock of Ages’ gala
Much of Toronto’s mining elite descended on the Royal Ontario Museum (ROM) in early June for a black-tie gala to raise funds to acquire what is being called “The Kirwin Ore Deposits Collection.”
Silver Quest to raise $12M for BC, Yukon exploration
With exploration programs ongoing at three properties near New Gold’s (NGD-T) multimillion-ounce Blackwater gold project in north-central B.C., and at 17 properties near Kinross Gold’s (K-T, KGC-N) White Gold deposit in the Yukon, Silver Quest…
Iamgold completes sale of Tarkwa and Damang stake
Flush with US$667 million in cash from the sale of its 18.9% stake in the Tarkwa and Damang projects in Ghana to Gold Fields (GFI-N), Iamgold (IMG-T, IAG-N) could be on the lookout for other acquisitions in West Africa, Canaccord Wealth…
Gabriel receives key permit for Rosia Montana
Vancouver – Gabriel Resources’ (BGU-T) much delayed Rosia Montana gold-silver project has been issued an archaeological discharge certificate, a key permit needed to move ahead with construction.