News

Editorial: Gov’t stepping slowly into Voisey’s strike

The first week of 2011 saw the public release of a candid and rather damning report by a Newfoundland & Labrador government-appointed commission on the 17-month strike by 120 members of United Steelworkers Local 9508 at Vale’s Voisey’s Bay…



Rainy River cashes in with $75 million financing

On the back of its flagship 5-million-oz. Rainy River project in northwestern Ontario, Rainy River Resources (RR-V) has closed a $75-million bought deal financing just as gold is starting to lose a little of its lustre. The private placement,…


Taseko shrugs (January 11, 2011)

Taseko Mines’ (TKO-T, TGB-X) may have been knocked down by the Federal government’s ruling against its Prosperity mine, but that doesn’t mean the company has been knocked-out.



Silver Quest picks up the Bouvette property in Yukon

Investors snapped to attention when drilling at the Tiger Zone in the middle of  Atac Resources’  (ATC-V) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth,…


Coalspur develops Vista project in Alberta

Four months after he was hired as managing director and chief executive of Coalspur Mines (cpt-t, cpl-a) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.


NSGold to revive Nova Scotia gold camp

Newly listed NSGold (nsx-v) is determined to make a name for itself in the historic gold camps of Nova Scotia.The junior recently wrapped up a $750,000-exploration drilling campaign on the Mooseland gold project, 110 km by paved highway…


Rio offers A$3.9 billion for Riversdale

Vancouver – Rio Tinto (RIO-N, RIO-L) wants more coal: the major has offered A$3.9 billion for Riversdale Mining (RIV-A), an Australian coal company with one mine in operation, one in construction, and one primed for development.


Ogden looks golden to Metals Creek

More significant results from the drill at the Ogden gold project in Timmins, Ont., had Metals Creek Resources (mek-v) climbing higher. The results came out of the company’s ongoing 2,500-metre drill program and included a highlight intercept…


Newmont ups stake in Loncor

Loncor Resources (ln-v) is $6.8 million richer after Newmont Mining (nmc-t, nem-n) exercised some 2 million in-the-money ­warrants worth $2.9 million and took down a non-brokered $3.9-million private placement.Newmont Mining boosted its…


Technical Analysis: Platinum looks good

In this Technical Analysis Report we re-visit the Commitments of Traders (COT) report, supplied by the U.S. Commodity Futures Trading Commission to see if any metals appear ready to make a significant move.


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