Quinto examines iron tailings project (March 05, 2007)
Quinto Mining (QU-V, QUTMF-O) is hoping for some quick cash from iron tailings at the Lac Jeannine iron mine in northeastern Quebec.
2007
Sand Creek drilling hits uranium
An initial drill program on the Sand Creek joint venture ground in Converse Cty., Wyo., has returned a number of intercepts of uranium mineralization.
Sultan launches Jersey Emerald scoping study (March 05, 2007)
Vancouver — Junior explorer Sultan Minerals (SUL-V, SLMLF-O) is taking the first steps toward reviving a former mining camp in southeastern British Columbia that once ranked among North America’s lea…
New discovery at Amaruk proves diamond-bearing
While microdiamond results are positive for the first of four new kimberlites discovered last year by Diamonds North Resources (DDN-V, DDNFF-O) on the Amaruk property in the Pelly Bay area of Nunavut,…
Strateco’s hits attract juniors to Otish
Success in drilling new mineralization at the Matoush uranium prospect in the Otish basin of Quebec has drawn a number of junior companies eager to try and find a lookalike in the Proterozoic sediment…
Study says Maskwa has the stuff
A preliminary economic study on the Maskwa nickel-copper deposit in eastern Manitoba says higher metal prices have justified a higher resource figure.
Marathon PGM cuts high-grade
The two highest concentrations of precious metals drilled to date in the Coldwell intrusive complex in north-central Ontario have been intersected in recent drilling by Marathon PGM (MAR-T, MRPGF-O).
Record earnings for Newmont in 2006 (March 05, 2007)
Vancouver — The world’s number two gold producer, Newmont Mining (NMC-T, NEM-N), posted record net income of US$791 million (US$1.76 per share) in 2006, topping its previous year’s performance of US$…
BC boosts tax credit for exploration in beetle-kill zone
Vancouver — British Columbia is using tax credits in a bid to spur mineral exploration spending in vast areas of the provincial forest that are being ravaged by an infestation of Mountain Pine Beetle…
Friedland touts Mongolian partnership
Vancouver — Ivanhoe Mines (IVN-T, IVN-N) chairman Robert Friedland says he can see the advantage of partnering with the government of Mongolia as the company works to develop the massive Oyu Tolgoi c…
Xstrata, Barrick table new Kabanga resource (March 05, 2007)
It’s a deposit that’s been kicking around for decades, but seems to be getting more respect of late.
Niger uranium draws interest
Vancouver — The hot uranium market has spurred explorers to broaden the global hunt for the energy metal, putting the West African country of Niger in the spotlight again.