Exploration Snapshot: Eight gold companies mining in Canada
Canada’s prolific geological terrain and adherence to the rule of law position the country as a go-to destination for companies looking to establish and operate mineral projects. A fall in…
Wallbridge Mining Co. Ltd.
Wallbridge grows Fenelon zones
Days after announcing a $110-million all-share acquisition of Balmoral Resources (TSX: BAR) to expand the Fenelon project in Quebec, Wallbridge Mining (TSX: WM) has released drill results from its portion of Fenelon, which…
Wallbridge acquires Balmoral in $110M all-share deal
Developer Wallbridge Mining (TSX: WM) has announced plans to acquire explorer Balmoral Resources (TSX: BAR) in an all-share deal worth $110 million, consolidating the Fenelon gold property, within the Abitibi greenstone…
Quebec Snapshot: Eight companies to watch
Mining companies spend an average of $8.5 billion a year in Quebec, and the industry generates $962 million annually for the provincial government, excluding corporate income taxes, according to the…
TSX rises, Feb 4-8: RNC, Wallbridge and First Quantum
Canada’s benchmark index rose 1% to end the trading week at 15,663.33. The S&P/TSX Global Mining Index rose 0.65% to 71.90, and the S&P/TSX Global Gold Index rose 1.3% to…
Wallbridge, Lonmin mark progress at Parkin in Sudbury
Wallbridge Mining (TSX: WM) and its largest shareholder, Lonmin (LSE: LMI), have approved a $3.95-million drill program starting Oct. 1 for their Parkin nickel-copper-platinum group metal (PGM) project near Sudbury,…
Balmoral takes aim at Bug Lake
VANCOUVER — Balmoral Resources (TSX: BAR; US-OTC: BALMF) is gearing up for a busy field season at its 61.7 sq. km Martiniere gold property in Quebec’s portion of the Abitibi greenstone…
Lonmin doubles down on Wallbridge JVs in Sudbury
VANCOUVER — U.K.-based platinum group metals (PGM) outfit Lonmin (LSE: LMI; US-OTC: LNMIY) remains bullish on the Sudbury basin and its expansive joint venture with junior Wallbridge Mining (TSX: WM; US-OTC: WLBMF). On Sept. 20…