Cadillac Ventures (CDC-V) has increased the measured and indicated resources by 33% and inferred resources by 75% at its100%-owned Thierry mine project in northwestern Ontario based on drilling completed in 2010 and 2011.
Vancouver – Nevsun Resources (NSU-T) has pulled numerous copper hits from an area just outside the established resource at its producing Bisha mine in Eritrea.
Despite the strong fundamentals of gold producers and declining gold equity valuations, M&A in the gold sector has been fairly limited so far this year. But Canaccord Genuity argues that’s about to change.
If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year with the first steam to follow and production targeted to get underway…
Baker Lake, Nunavut – It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (aem-t, aem-n), to say the least, but one that holds much promise.
Vancouver – Another year, another purchase by a state-owned Chinese energy company in Alberta’s burgeoning oilsands industry.
Vancouver – Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces, the territory of dozens of first nations and long tracks of wilderness, only to emerge in a highly contentious port location…
Norway’s Statoil ASA (STO-N, STL-O) has long been considered one of the world’s leading offshore operators but lately it has turned its attention to Canada’s oilsands. The Company landed in Alberta in a big way back in 2007 via its $2 billion…
Results from infill and resource expansion drilling at Prodigy Gold’s (PDG-V) Magino gold project in Ontario sent the junior’s shares up 10.34% to close at 64¢ yesterday. At presstime in Toronto Prodigy was trading at 59¢ per share…
Shares of Richmont Mines (RIC-T) jumped $1.42 or 15.32% to $10.69 on drill results from its Wasamac property in Quebec and the company plans to expand its exploration program there by another 10,000 metres to 45,000 metres this year as part of…
Vancouver – Selwyn Resources (SWN-V) is looking to raise US$30 million in a senior bond offering through Norway’s First Securities AS in order to restart operations at the company’s newly acquired ScoZinc zinc-lead mine in Nova Scotia.
Promising assays from Lake Shore Gold’s (LSG-T) Thorne gold property in Timmins, Ont., did little to lift the company’s shares. The junior has been trading near its 52-week low of $1.91 (Aug. 15, 2011) since releasing dismal second-quarter…
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