News


Monopros joins Alberta hunt

Monopros, no stranger to Alberta diamond exploration, has thrown its hat into the ring and entered into a proposed joint-venture agreement with Troymin Resources (TRY-A) on a land package totalling 1….


Naneco commissions study for deposit

Calgary-based Naneco Minerals (NNE-A) has retained the consulting group of Watts Griffis & McOuat to prepare a prefeasibility study on the Jiawula polymetallic deposit in the Inner Mongolia region of …


LionOre posts writedown

LionOre Mining International (LIM-T), which continues to explore for gold and nickel in Australia and Botswana, has readjusted its books in response to weak gold prices and a decline in the Australian…


Kinross eyes stake in True North

Through a private placement in La Teko Resources (LAO-V), Kinross Gold (K-T) has demonstrated its interest in purchasing the majority share of the True North deposit in Alaska, held by Newmont Mining …



Tyranex raising funds to buy Mineral Hill

Tyranex Gold (TXGI-C) is in the process of raising more than US$19 million to finance its acquisition of the Mineral Hill mine in Montana.The financing is being arranged through Union Securities, ABN …


Claude completes friendly takeover of Madsen Gold

Saskatoon-based Claude Resources (CRJ-TA) has successfully acquired a majority ownership in Madsen Gold (MGF-T).The two companies signed a friendly takeover agreement in mid-February that involved the…



Black Hawk sells Redstone

Sanca Gold, a private Alberta company, has entered into an agreement with Black Hawk Mining (BHK-T) to acquire the Redstone nickel mine, 22 km southeast of Timmins, Ont.The property consists of 63 cla…


Drilling tests Verde at depth

Exploratory drilling beneath the Verde deposit at the Refugio mine in northern Chile is intersecting potential ore-grade gold mineralization some 250 metres below the planned pit floor of the extended…


ODDS ‘N’ SODS — Sticks and stones

I have read of the passing of Dr. Harry Warren, my professor of mineralogy and mentor in both geochemistry and grass hockey.Dr. Warren was the equal of Jack Magel, the pilot who logged many trips flyi…


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