Tenajon emerging as moly play
The recent boom in the molybdenum market has not gone unnoticed by Tenajon Resources (TJS-V, TJRUF-O).
Gold
Wesdome, WQM ponder merger
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
Golden Band busy at La Ronge
Vancouver — A preliminary economic assessment evaluating production from Golden Band Resources’ (GBN-V, GBRIF-O) La Ronge gold belt projects, in northern Saskatchewan, has come back positive.
Endurance Gold advances on Pardo
Vancouver — Having recently closed about $2 million in financings, Endurance Gold (EDG-V) has kicked off this year’s exploration effort by mobilizing a geophysical crew to its Pardo project, located …
KL Gold, Queenston lock up more of Kirkland Lake camp
Queenston Mining (QMI-T, QNMNF-O) and Kirkland Lake Gold (KGI-T, KGI-L) are teaming up again in the Kirkland Lake gold camp of northeastern Ontario.
Goldcorp takes stake in Cypress
Vancouver — Cypress Development (CYP-V, CYDVF-O) has lined up Goldcorp (G-T, GG-N) to take down a $2.6-million private placement.
Barrick offloads entire stake in NovaGold (April 30, 2007)
Vancouver — Making good on the planned sale of its 14.8% stake in NovaGold Resources (NG-T, NG-X), Barrick Gold (ABX-T, ABX-N) has divested its 13.6-million share position in the company, which it ta…
Newmont acquitted on Indonesian pollution charges (April 30, 2007)
Concluding a 21-month trial in an Indonesian court, Newmont Mining (NMC-T, NEM-N) and Richard Ness, the head executive at the company’s Indonesian subsidiary, have been acquitted of charges that a New…
Lac Pelletier’s gold looks good to Alexis
A scoping study of Alexis Minerals’ (AMC-V, AXSMF-O) Lac Pelletier gold project, located 4 km southwest of Rouyn-Noranda, Que., concludes that a mine could be brought into production within a year and…
Detour Gold quick out of the gate (April 30, 2007)
Sound drill results from its sole asset — the Detour Lake property in northern Ontario — has Detour Gold (DGC-T) moving up the market in step with rising gold prices.
Editor’s picks: top stories of week 17
The trading week ended April 27, the 17th of 2007, was punctuated by the Canadian government’s unveiling of a poten…
Stick a fork in Teddy Bear; it’s done
The board of one of Canada’s older junior mining companies, Teddy Bear Valley Mines, is recommending the company be…