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.
News
Tarsis acquires new porphyry prospect in Yukon
If you ask Marc Blythe, president and chief executive of Tarsis Resources (TCC-V), there aren’t many companies like his that are looking for new projects in the Yukon.
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.
Western Areas to mine underground at Spotted Quoll
After starting nickel production last April at the Tim King open-pit mine, part of Western Areas’ (wsa-t, wsa-a) Spotted Quoll deposit about 400 km east of Perth, the company has decided to mine underground, too. The nickel sulphide explorer…
Shear rolls back shares, changes name
At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…
Battle for Baffinland heats up
Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…