News

Tournigan adds Dakota uranium claims

The robust outlook for uranium has prompted Tournigan Gold (TVC-V) to add to its uranium holdings in the U.S. The company’s year-end acquisition added claims covering three prospect…


Hillsborough drills for more coal

Vancouver — Recent drill programs by Hillsborough Resources (HLB-T, HLSRF-O) are expected to boost resources at the producing Quinsam coal mine on Vancouver Island, and upgrade res…


Rough diamonds from the Diavik mine in the Northwest Territories, owned by Rio Tinto and Aber Diamond.

Secondary diamond industry showing signs of life

The Northwest Territories’ secondary diamond sector has been struggling to compete ever since the first cutting and polishing centre opened in mid-1999, but there is renewed hope that the industry, or…


Expect delays at Lisbon Valley

Vancouver — Based on a project review completed in late December, Constellation Copper (CCU-T) expects that the first production of cathode copper could be delayed several months a…



Gold helps Yukon Zinc

Vancouver — With final results from this year’s drill program in hand, Yukon Zinc (YZC-V, YZCCF-O) has encountered additional high-grade gold and silver mineralization at its wholl…




Perils of energy subsidies

I recently met with a Bozeman, Mont., writer about my opposition to subsidies for alternative fuels. Was I opposed to all subsidies, including those for fossil fuels, the writer asked, or just for win…


TSX rides golden jet

Quarter-century-high gold prices combined with climbing energy prices to push the resource-laden TSX to its highest-ever close of 11,620.46 points on Jan. 6. Canada’s benchmark index later eased sligh…



Aquarius deal done, Kinross to take loss

Kinross Gold (K-T, KGC-N) will take a US$40-million non-cash charge against its third-quarter earnings when the deal to sell the Aquarius gold project east of Timmins, Ont., closes….


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