News

JV taps Churchill pipe

Vancouver — Early drill results from the Churchill diamond project in Nunavut’s Rankin Inlet are encouraging….


Drillers probe gold mineralization at Barrick Gold's 12.8-million-oz. Veladero gold project in Argentina.

A good gold mine is hard to find

Vancouver — “‘Tis not the gold, ’tis the seeking,” Robert Service poetically observed of the fever that gripped prospectors during the early days of the Klondike rush. More than a century later, the…


Miramar returns Doris North to permitting panel

Vancouver — Permitting a new mine is an arduous process anywhere in North America, but nowhere more so than in Canada’s North, where regulatory authorities expect resource companies to strike the rig…


Petaquilla Minerals geologist David Nowak examines a pit on the NW zone at the Molejon gold project in Panama.

Petaquilla advances Molejon

Vancouver — Petaquilla Minerals (PTQ-T) is expected to step up development of the Molejon gold project, near its large copper deposit in north-central Panama….



Pacifica to shell out $10m for Howards Pass

Vancouver — Pacifica Resources (PAX-V) has signed a letter of intent to earn a 100% interest in the Howards Pass zinc-lead project in the eastern Yukon. The property is currently h…


Diamond Fields sheds royalty burden

Vancouver — Agreements are in place for Diamond Fields International (DFI-T) to cancel all its royalty obligations with Jean-Raymond Boulle….


Shares fall on lacklustre results

U.S. stock markets ended lower over the May 10-16 period. The S&P 500 index fell 43.15 points to close at 1,165.69 points, while the Dow Jones industrial average fell 132.05 points to 10,252.29….





LionOre earnings drop on weather woes

Vancouver — Despite a strong operating performance in Australia, LionOre Mining International (LIM-T) had its first-quarter earnings dampened by abnormally heavy rains at the Tati…


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