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News
Canadian Zinc sees Prairie Creek vein widen to north
Vancouver — Underground drilling by Canadian Zinc (CZN-T, CZICF-O) on its Prairie Creek zinc-lead-silver deposit in the Mackenzie Mountains region of western Northwest Territories is returning a numb…
European Goldfields increases stake in Greek projects (June 18, 2007)
European Goldfields (EGU-T, EGU-L) is looking to boost its interest in its Greek projects to 95% at a cost of US$178 million.
Almaden drilling cuts deeper, higher grades
Vancouver — The latest batch of deep drill holes from Freegold Ventures’ (ITF-T, FGOVF-O) Almaden project in west-central Idaho continues to provide optimism of adding to the gold inventory.
Cons Thompson seeks control of Wabush Mines
Toronto-based junior Consolidated Thompson Iron Mines (CLM-V, CLMZF-O) has struck a deal to buy from steelmakers Cleveland-Cliffs (CLF-N) and Stelco (STE-T, SECNF-O) their combined 71.4% interest in t…
Peru Copper endorses $840M Chinese bid
Vancouver — Management of Peru Copper (PCR-T, CUP-X) has thrown its support behind a friendly $6.60-per-share takeover offer by Beijing-based Aluminum Corp. of China (ACH-N) (Chinalco).
Deep gold at Cedartree
Drilling by Houston Lake Mining (HLM-V, HLKMF-O) at the West Cedartree gold project near Sioux Narrows, Ont., has intersected high-grade gold mineralization at depth on the Dogpaw No. 1 vein.
SouthernEra working the phones (June 18, 2007)
SouthernEra Diamonds (SDM-T, SRE-L) says it is in negotiations with possible white-knight bidders to thwart a bid from London-listed Mwana Africa (MWA-L) to take over the company.
Millstream intersects more sulphides (June 18, 2007)
A new drill hole on the Potter massive sulphide deposit near Matheson, Ont., has intersected more sulphide mineralization.
Aur officially opens Duck Pond
With concentrate production well under way, and an official opening ceremony under its belt, mid-tier copper miner Aur Resources (AUR-T, AURRF-O) is off to a good start at its new, wholly owned Duck P…
Sherwood’s drilling shows Minto’s potential
Vancouver — Stepout drilling around Sherwood Copper’s (SWC-V, SWOPF-O) Minto mine in the Yukon — scheduled to begin production in the third quarter — has returned significant copper-gold mineraliza…
Geodex readies for Sisson scoping study
Geodex Minerals (GXM-V, GXMLF-O) has contracted for a preliminary economic analysis on the Sisson Brook tungsten-molybdenum- copper deposit in central New Brunswick.