Gold Reach: Lotsa gold and copper at Ootsa
Drilling continues to return long, mineralized intercepts from the West Seel zone at Gold Reach Resources’ (GRV-V) Ootsa property in northwest B.C.
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Clifton Star hits PEA milestone at Duparquet
The way forward is coming into focus for junior explorer Clifton Star Resources (CFO-V) at its multi-million ounce Duparquet gold property in northwestern Quebec, 50 km by road north of the mining town of Rouyn-Noranda. The company has…
Fipke takes legal action to stop Ekati sale
Chuck Fipke, a minority shareholder in the Ekati joint venture, is trying to block BHP Billiton (BHP-N, BLT-L) from selling its majority interest in the Ekati diamond mine to Harry Winston Diamond (HW-T, HWD-N) for US$500 million.
Ivanplats doubles vast copper resource at Kamoa in DRC
Robert Friedland’s latest venture looks to be following a familiar template. On Jan. 17, Vancouver-based Ivanplats (IVP-T) updated the resource estimate on its Kamoa copper discovery in the Democratic Republic of the Congo, boosting…
Denison to buy explorer Fission
Denison Mines (DML-T, DNN-X) is staying true to its strategy of becoming a leading uranium explorer in the eastern Athabasca basin region of Saskatchewan by agreeing to acquire Fission Energy (FIS-V) for $70 million.
Kivalliq stacks uranium resources at Angilak
It has been roughly three years since uranium explorer Kivalliq Energy (KIV-V) began drilling in earnest at its 1,377-sq.-km Angilak property in Nunavut. The company has long maintained it is looking at a district-scale play in what could…
Market news: Toronto Stock Exchange
The S&P/TSX Composite Index was up 98 points to 12,725.09 points for the period.
Market news: TSX Venture Exchange
The S&P/TSX Venture Composite Index took a breather this week after posting two consecutive periods of gains to start 2013, dropping 4.93 points, or 0.4%, en route to a 1,235.32-point close on Jan. 18.
Brigus looks to a brighter 2013
Brigus Gold (BRD-T, BRD-X) has hit its 2012 production target and is eyeing more gold production and growth in the new year.
Record production lifts Paladin
Uranium miner Paladin Energy (PDN-T) picked a good time to beat production estimates.
Market news: U.S. Markets
The S&P 500 Index touched a five-year high on the back of stronger housing and jobs numbers. Housing starts in December rose 12.1% — the biggest advance since June 2008 — while applications for unemployment benefits dropped to…
Rio Tinto pays a steep price for Alcan purchase
London-based mining giant Rio Tinto (RIO-N, RIO-L, RIO-A) is haunted by the ghosts of past acquisitions, with the largest culprit being its US$38-billion takeover of Montreal-based aluminum major Alcan in 2007.