Grande Cache rises as deal closer to completion
Investment Canada doesn’t believe the haters, as the Feds have given the nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).
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Midway Gold derisks Nevada projects
Shares of Midway Gold (MDW-V, MDW-X) have climbed 145.12% to about $2.01apiece since the beginning of 2011, a fruitful year that saw the junior update the resource and complete a feasibility study on its Pan project, more than double its…
Cap-Ex steps out at Northwest zone of Block 103
Vancouver – Cap-Ex Ventures (CEV-V) has released positive step-out holes from the Northwest Zone of its Block 103 iron ore project that show the zone is open to the north, west, and south.
There’s gold in those dumps
The Sleeper gold mine in Nevada operated as a high-grade open pit from 1986-1996 and according to operations reports by its then owner, Amax Gold, about 54 million tonnes of waste were cast off in waste dumps over the course of the mine life….
Where did Nevsun’s gold go?
At a time of record high gold prices Nevsun Resources (NSU-T) had the unfortunate task of announcing to the market that it has a lot less gold in its deposit than it originally believed.
Atna’s underground mine project has open-pit potential
Atna Resources (ATN-T, ATNAF-O) will start commercial underground mine production at its Pinson mine project near Winnemucca in the fourth quarter of this year, but in the meantime it’s also exploring the possibility of developing an open pit…
Short Position Report
Panoramic launches hostile bid for Magma Metals
An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.
U.S markets rally on brighter economic picture
The bulls continued to have their way in U.S. markets over the Jan. 30 to Feb. 3 period as a strong jobs report combined with continued signs a strengthening U.S. economy to lift the Dow Jones Industrial Average to heights not seen since before…
TSX gains for seventh straight week
The S&P/TSX Composite Index closed the Jan. 30-Feb. 3 trading period at 12,577.28 points, a 110.78-point gain, marking its seventh consecutive weekly advance.
Venture sees steady gains throughout January
Vancouver – The S&P TSX Venture Composite Index continued its steady January climb into early February, finishing the January 30 to February 3 period up 36.2 points at 1,665.11 points. The gains put the index back to a level not seen since…
Entourage gets first sniff of high-grade gold near Hemlo
Entourage Metals (EMT-V) has added a second drill rig to its Black Raven gold prospect in the Schreiber-Hemlo greenstone belt of northern Ontario following encouraging first-pass drill results.