Noront find fuels deliberation
As consultants begin to piece together a limited but growing database of information about Noront Resources’ (NOT-V, NOSOF-O) Double Eagle project in northeastern Ontario, the discovery is looking les…
News
Uranium One CEO resigns on plunging production forecasts
VANCOUVER — Uranium One’s (UUU-T, SXRZF-O) share price has been in freefall with news that the uranium upstart has slashed its production forecast for the second time in four months. This time presid…
Northgate closes Perseverance acquisition (March 03, 2008)
VANCOUVER–Northgate Minerals (NGX-T, NXG-X) has completed its friendly takeover of Australian gold producer Perseverance in an all-cash deal valued at roughly US$257 million.
QGX nails mining licence in Mongolia
Two months after China banned foreign ownership in tungsten and molybdenum mines, Mongolia has given QGX (QGX-T, QGXLF-O) the green light to move forward with an open-pit mine at its tungsten-molybden…
AuEx Ventures draws on Nevada expertise
There may be no shortage of mining and exploration companies active in precious metals-rich Nevada, but there are certain advantages to being a junior in “elephant country” for AuEx Ventures (XAU-V, A…
Troy Resources posts $4.9M loss
Shutting down one Brazillian gold mine before starting up another left Troy Resources (TRY-T, TRY-A) with a net loss of A$5.4 million ($4.9 million) for the second half of 2007.
Creepy crawlers for Canada?
KENILWORTH, SOUTH AFRICA–The Canadian lake-based mining industry has strengthened its position in the global market in recent years with the establishment of several new large mines that have led to …
Aurora’s Michelin grows (March 03, 2008)
VANCOUVER — A 20% increase in resources is a nice boost for a company only working through pre-feasibility studies. And that’s exactly what Aurora Energy Resources (AXU-T) got: the company’s Michelin…
Redcorp inks Tulsequah offtake deal
VANCOUVER — Aspiring base metals producer Redcorp Ventures (RDV-T, RDFVF-O) has lined up Swiss firm MRI Trading to purchase zinc, copper and lead concentrates from its planned Tulsequah Chief mine in…
Obituary (March 03, 2008)
Born on November 8, 1914 in Saskatoon, Sask., Dr. Stanley E. Malouf was a wonderful man who lived life to the fullest with devotion and determination to make a difference in the many lives that he tou…
Strateco finds new uranium zone
Strong uranium grades are leading Strateco Resources (RSC-T, SRSIF-O) to the north side of a new mineralized zone discovered on its Matoush property, in the Otish Mountains of Quebec.
Hunter Dickinson Inc.
C. Mark Rebagliati, International Exploration Manager for Hunter Dickinson, has received the Robert M. Dreyer Award from the Society of Mining Metallurgy and Exploration (SME) for outstanding achievem…