Terrane needs $100M for Mt. Milligan
VANCOUVER — Terrane Metals (TRX-V) is raising $100 million to kick-start construction at its Mt. Milligan gold-copper project in British Columbia.
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Wesdome hits gold below Kiena mine (April 19, 2010)
VANCOUVER — Wesdome Gold Mines (WDO-T) has hit healthy gold intercepts deep below its active Kiena mine in Val d’Or, Que.
Mag Silver finds new moly-gold zone in Mexico
VANCOUVER — Mag Silver (MAG-T) thinks it might be getting close to the jackpot — drills at its Pozo Seco project in Mexico are returning molybdenum-gold intercepts that are outlining an interesting …
Lucara Diamond posts AK6 resource in Botswana
As part of an ongoing feasibility study, Lucara Diamond (LUC-V) has updated its resource estimate on the AK6 kimberlite it acquired from Boteti Exploration in December 2009.
Gold skyrockets to new year high
The strength of the current bull market for gold was very much in evidence during the 14th trading week of the year, as sovereign debt concerns in Europe continued to dominate precious metals and curr…
Ontario’s new budget gives miners a helping hand
The new Ontario budget, delivered by Ontario’s Finance Minister Dwight Duncan seems to pin economic progress on the back of mining and, in doing so, could give miners a little more elbow room.
AMQ, AEMQ see Quebec gov’t targeting miners’ wallets
The following is a joint statement from the Mining Association of Quebec and the Association for Mineral Exploration in Quebec, translated into English by The Northern Miner, concerning the Quebec pro…
Russian role in Kyrgyzstan revolt?
Just when it appeared that things were finally moving smoothly for Centerra Gold (CG-T), political unrest in Kyrgyzstan reared its head and damaged the company’s share price.
Peabody battle for Macarthur Coal heats up
VANCOUVER — First, Macarthur Coal (MCC-A) inked a friendly deal to acquire Gloucester Coal (GCLA), GCLA), which is majority-owned by Singapore-listed raw materials giant Noble Group, in an all-share …
PEOPLE (April 19, 2010)
American Lithium Minerals — William Deluce appointed a director.
Toronto Stock Exchange April 6-12
The TSX composite index finished the April 6-12 period lower, if only slightly. The index was off roughly 50 points, closing out the period at 12,148.66 owing to lower oil prices.
TSX Venture Exchange April 6-12
Apart from a slight slide on the last day, the April 6-12 trading week was a healthy one for the S&P/TSX Venture composite index: the board gained 42.21 points to close at 1673.67. Daily trading v…