News


Duo split U3O8 assets

Vancouver — Fronteer Development Group (FRG-T, FRG-X) and partner Altius Minerals (ALS-V, ATUSF-O) plan to spin off privately held Aurora Energy Resources, which is…



Mtn Lake sizes Bobby’s Pond

Consultants Roscoe Postle Associates (RPA) will spend the next five to six weeks completing an independent technical report on Mountain Lake Resources‘ (MOA-V, MLKRF-O) Bobby’s Pond m…


Axmin nails down permit for Bambari

The government of the Central African Republic has set its seal on a mining convention with Axmin (AXM-V, AXMIF-O) for the development of company’s Bambari exploration permit, in the…


Crowflight adds to Bucko

A consultant’s report for Crowflight Minerals (CML-V, CMLGF-O) has added an inferred resource to a previously defined indicated resource at the Bucko nickel deposit in northern Manito…


Jim Logan of the British Columbia Geological Survey (left) and NovaGold Resources' senior geologist Bruce Otto explore the Copper Canyon zone, part of the company's Galore Creek copper-gold-silver project in the historic Stikine bold belt of northwestern British Columbia. The mineralization at Copper Canyon is developed in breccia bodies.

Base metal boom helps revive Canadian Cordillera

Vancouver — With base metal prices at or near record highs, everything old is new again in the western Cordillera, where dormant mines or advanced projects discovered decades ago continue to dominate…



Canadian Stock Exchange Indices (March 06, 2006)

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Date Feb. 27 Feb. 24 Feb. 23 Feb. 22 Feb. 21 High Low
S&P/TSX-Ven Comp 2543.33 2558.38
as of 4 pm ET, Feb. 24, 2006 (%)
Bank of Canada 3.75
Target overnight rate 3.50
Canadian Prime 5.25

Gold Hawk finances Tamboraque

Vancouver — A proposed $14-million private placement should provide Gold Hawk Resources (CGK-V, CGHRF-O) with sufficient resources to complete the acquisition of the Tamboraque polym…


Breakwater Resources' Bouchard-Hbert zinc mine, which closed last year, represents the company's past while a trio of operating mines -- Myra Falls in B.C., El Mochito in Honduras and El Toqui in Chile -- point to the future.

Breakwater turns a corner

Breakwater Resources (BWR-T, BWLRF-O) is taking full advantage of a soaring zinc price to reinvest in its existing mines, look for acquisitions, and investigate the hidden potential of anomalies disco…


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