Strong drill results from Queenston
Queenston Mining (QMI-T) has completed 9 new drill holes at its wholly owned Upper Beaver gold-copper deposit in Kirkland Lake, Ont.
News
Venture climbs in August 29 to Sept. 2 period
Vancouver – The S&P/TSX Venture Composite Index climbed 58 points in the August 29 to September 2 period on four days of gains to end at 1,810.36 points. Volume perked up somewhat from the week prior with an average of 71 million shares…
Short Position Report
TSX Short Positions Short positions outstanding at Aug 31/11 (with changes from Aug…
Niobec stake could be cash cow for Iamgold
Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…
U.S. equities down during Aug. 29-Sept. 2 trading week
U.S. equities didn’t have a great week. The Dow Jones industrial average slipped 44.28 points or 0.39% to finish the Aug. 29-Sept. 2 trading week at 11,240.26, while the S&P 500 index lost 2.83 points or 0.24% to close at 1,173.97. The…
Ocampo, meet Young-Davidson
AuRico Gold (AUQ-T, AUQ-N) wants to become an intermediate gold producer, and it has tabled a rich, all-share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
Cameco bids for Hathor
Hathor Exploration’s (HAT-T) shares have vaulted in response to Cameco’s (CCO-T, CCJ-N) launching of a hostile, $520-million cash bid for the junior, and initiating what may become a bidding war for its world-class, high-grade…
Silver Standard advances projects across the Americas
With one of the largest silver resources around, Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Potash One dealmaker Matysek turns to BC gold
Fresh from the $434-million sale of his potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is turning his attention to a small, Americas-focused gold explorer named Ocean Park Ventures…
Santo Domingo a feather in Capstone’s cap
Capstone Mining (CS-T) has released a prefeasibility study for its 70%-owned polymetallic Santo Domingo project in Chile that shows relatively low capital costs for a project of its scale, just as costs are on the rise for its two producing…
Editorial: Ontario treaty ruling seeds new uncertainty
Mining companies and mineral explorers in northern Ontario woke up to a whole new heightened level of legal and bureaucratic uncertainty in late August, with the rendering by the Ontario Supreme Court of a decision in Keewatin v. Minister of…
Commentary: The Keewatin decision, a sea change in provincial control of natural resources?
An Ontario Superior Court, in Keewatin v. Ontario, has cast doubt on the validity of provincial forestry licenses in the Treaty 3 area of northwestern Ontario, which includes the Red Lake gold camp. Mining could also be at risk of litigation in…