Ned Goodman backs gold
Ned Goodman, the founder of the Dundee group of companies, has a gloomy world outlook these days.
Gold
Creso signs $43-million JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a binding letter agreement for a joint venture with the…
Auriga hits near-surface gold at Maverick project (April 29, 2011)
Vancouver – Shallow drilling has returned several high-grade intercepts for Auriga Gold (AIA-V) at its northwestern Manitoba-based Maverick gold project.
Rockcliff intersects more copper, zinc, at Lon deposit
Rockcliff Resources’ (RCR-V) 100%-owned Lon deposit, part of the company’s 660 sq. km Snow Lake project in Manitoba’s Flin Flon Greenstone Belt, remains open in all directions and recent drill results underscore its potential.
Belo Sun adds lustre to Volta Grande (April 28, 2011)
Belo Sun (BSX-V) is beefing up resources at its Volta Grande gold project in Brazil’s Para state, with plans of completing a feasibility study by year-end.
Brigus gets the grades from new zone at Black Fox
Brigus Gold (BRD-T, BRD-X) has confirmed a new gold zone with some impressive assays from its Black Fox complex near Timmins. The company says exploration drilling has returned even better grades and wider intercepts than the last batch of…
Colossus pulls monster intercept from Serra Pelada
Vancouver – Colossus Minerals (CSI-T) has followed up earlier high-grade hits with a monster intercept from its 75%-owned Serra Pelada project in Brazil’s Para state.
Golden Predator extends mineralization at Brewery Creek
Vancouver – Golden Predator’s (GPD-T) successful winter drill program has hit a number of encouraging intercepts and expanded known mineralization eastward at its Brewery Creek project in the Yukon.
Barrick bids for Equinox (April 25, 2011)
The board of Equinox Minerals (eqn-t, eqn-a) is withdrawing its bid for Lundin Mining (lun-t) and endorsing instead an all-cash takeover bid of $8.15 per share from Barrick Gold (abx-t, abx-n), which values the company at about $7.3 billon. The…
Peregrine Metals is on the move
With the war for talent heating up in the mining industry, it was something of a coup for junior Peregrine Metals (PGM-T) to snag as its new president Richard Leclerc – a seasoned mining veteran who, over his 29-year career, has been a key…
Manitoba brings copper for HudBay, VMS
HudBay Minerals (HBM-T, HBM-N) and VMS Ventures (VMS-V) have a high-grade copper project on their hands right in the safe confines of Manitoba.
Positive PEA pumps Prodigy (April 25, 2011)
Junior explorer Prodigy Gold (PDG-V) got a warm reception on the market after releasing a positive preliminary economic assessment (PEA) for its Magino gold project in northern Ontario.