News

Proceeds from diamond sales are enabling Rex Diamond Mining (RXD-T) to finance ongoing exploration in Sierra Leone.The Toronto-based company recently generated US$5.8 million by selling 26,260 carats …

Equal partners Moss Resources (MRS-T) and Greenshield Resources (GSR-M) are set to begin drill testing their Curregan property, near Timmins, Ont., in an effort to identify a volcanogenic massive sulp…

Writedowns to the tune of $9.3 million contributed to a year-end loss for Vancouver-based Viceroy Resource (VOY-T).The company recorded a loss of $5.5 million (or 11cents per share) on sales of $89.5 …

With six new cateos, Yamana Resources (YRI-T) has more than doubled its land position in the silver-rich western portion of the Santa Cruz project in southern Argentina.After two successful rounds of …

Mining analysts Glenn Brown and Richard Gray of Canaccord Capital see more upside for Western Copper Holdings (WTC-T), a Vancouver-based junior which holds a 45% interest in San Nicolas, a classic Kur…

Uranium miner Cameco (CCO-T) has entered into an agreement-in-principle to acquire the two North American-based subsidiaries of German-based Uranerzbergbau.The deal will see Uranerzbergbau, which is j…

A group headed by Australia’s Normandy Mining (NDY-T) has made a promising gold discovery at Perama Hill, 15 km northwest of Alexandroupolis in northeastern Greece.The discovery was made by Thracean G…

Much has been written about the exploration and development of mines in Canada, but little about the roads that service them.In the old days, access to a site was provided by water or rail. However, a…

Ottawa-based chemical detection technology firm Intelligent Detection Systems (IDS) has offered to acquire all the issued and outstanding shares of Concord, Ont.-based instrumentation manufacturer Sci…

The VSE has accepted for filing a non-brokered private placement of 522,419 units of Consolidated Trilogy Ventures (CTJ-V) at 31cents each, for proceeds of $162,000.Each unit consists of one share and…