Following in the footsteps of its peers, Odyssey Resources (ODX-V) is attempting to raise $2 million via a private placement.Pacific International Securities shall try to place 6.7 million units of th…
St. John’s, Nfld. — With little fanfare, Barrick Gold (ABX-T) walked away from the much-hyped Botwood Basin in Newfoundland earlier this summer after spending some 15 months assessing the potential f…
In a deal with major Kinross Gold (K-T), junior producer Miramar Mining (MAE-T) has taken up an option to earn a 60% interest in the George Lake and Goose Lake gold properties in Nunavut.The basic ear…
Vancouver — Southern Rio Resources (SNZ-V) has begun drilling at its 3Ts epithermal gold-silver project, 125 km southwest of Vanderhoof, B.C.The program is targeting the Ted vein, where previous dril…
North Atlantic Nickel (NAC-T) is drill-testing the limits of three gold prospects at the Kantela gold project in western Mali.The program will entail 4,340 metres in 60 reverse-circulation holes. None…
Continued chip and grab sampling by Mustang Minerals (MUM-V) have returned more high-grade nickel values from the Bannockburn property, about 100 km southeast of Timmins, Ont.Samples from massive and …
Gentlemen, those are my principles. And if you don’t like them, I have others. — Barney Barnato, famed magnate of the South African rand, to a meeting of shareholders.Even if they were assorted and a…
It is obvious that if you want to make returns (that is, to create value for your shareholders), you have to accept risk. In Rio Tinto, we say that the key to valuation is understanding risk and ensur…
The board of directors of Glamis Gold (GLG-T) has authorized the final design and construction phase at the Marlin gold-silver project in Guatemala.Under a revised feasibility study, Marlin is expecte…
Lake Shore Gold (LSG-V) has inked an option deal on Band-Ore Resources’ (BAN-T) 54-claim Thunder Creek property, near Timmins, Ont.Lake Shore can take a 60% interest in the property by paying $370,000…
NORTH AMERICAN MINING INDEXCompanyTickerWeightBarrickABX-T17.1%CamecoCCO-T3.3%FalconbridgeFL-T5.0%Freeport McM BFCX-N8.2%GoldcorpG-T4.3%IncoN-T8.7%Kinross GoldK-T4.3%Newmont MiningNEM…
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