Broad market takes it on the chin
Weighed down by a sagging industrial products sector, the Toronto Stock Exchange 300 index slipped 164.04 points over the June 6-12 report period. The broad market ended the week at 8,094.78.Gold gain…
Virginia Mines Inc
Virginia eyes Bathurst target
Having discovered four base metal showings in the James Bay region of Quebec, junior Virginia Gold Mines (VIA-M) is gearing up for a program of geophysics and trenching.Channel and grab samples yielde…
Rio Algom aligns exploration strategy with Billiton
London-listed Billiton has merged the exploration activities of wholly owned subsidiary Rio Algom with its own geographically diverse exploration and development division.Projects in the Americas will…
Virginia, Billiton cut PGMs at Gayot
Junior Virginia Gold Mines (VIA-T) and its partner, Billiton, have drilled wide intersections of nickel, platinum and palladium mineralization at their Gayot project in Quebec’s Caniapiscau Reservoir …
Mixed earnings polarize resource sectors
Erasing some of the gains made in the previous week, the Toronto Stock Exchange 300 index slipped 46.96 points over the Jan. 31-Feb. 6 report period to finish the week at 9,301.40.A flurry of mixed ne…
Analysts select 10 juniors
Times have been tough for the mining sector these past three years. Liquidity remains a critical problem, with speculative investors nibbling selectively at drill hole stories but, for the most part, …
Virginia keeps the faith at James Bay
Prospecting and mapping by Virginia Gold Mines (VIA-T) have outlined several new gold-bearing and polymetallic structures on the junior’s extensive land package in the James Bay region of northern Que…
Junior companies active in Quebec; Lynx
Flush with cash after a series of recent financings, several juniors with ties to Quebec are gearing up for grassroots exploration work.- McWatters Mining (MCW-T) affiliate Maude Lake Exploration (MAU…
Majescor raises $2.2m
Quebec City-based Majescor Resources (MAJ-M) has arranged a $2.2-million private placement with investment dealer Canaccord Capital. Proceeds are earmarked for diamond exploration in northern Quebec.T…
Price rally spawns PGM commodity play
A sustained rally in platinum and palladium prices has rejuvenated exploration for these rare metals and breathed some life into the sickly junior mining sector.Platinum rocketed past $500 recently wh…
Virginia ventures into uncharted regions of Quebec
The recent discovery by Virginia Gold Mines (VIA-T) of a nickel sulphide deposit in northern Quebec has reaffirmed the company’s position as one of the most active explorers in the province.In the fal…
EXPLORATION ’99 – Quebec’s northern frontier awakens — New discoveries boost potential of Eastmain, La Grande belts
Special to The Northern MinerYears of mapping, sampling and drilling may finally be paying off for juniors determined to make an economic discovery in the underexplored frontier of northern Quebec.Two…