News


Galactic looks to the future

With the recent sale of its 50% interest in the Ivanhoe joint venture in Nevada for US$13.4 million, Galactic Resources (TSE) is a step closer to completing a restructuring of its assets. The company …


Selling pressures push down gold price

Gold: Prices of the yellow metal continue to retreat under mild selling pressures to the US$340-per-oz. level. Rumored sales by “large sellers” added little to the movement. While traditional uses for…


Pine Cove wins environmental OK, seeks financing

Having won environmental approval for its Pine Cove gold project in Newfoundland, NovaGold Resources (TSE) is preparing to raise $14 million to build a 1,500-ton-per-day vat leach operation. NovaGold …


Size of zone growing: Vior

Drilling at the Douay gold property in the Casa Berardi region of Quebec is extending the boundaries of the targeted zone’s mineralization, Societe d’Exploration Miniere Vior (ME) reports. The zone, w…



Major examines Taurus prospects

An undisclosed major mining company recently entered into negotiations with Lodestar Explorations (VSE) to earn a joint venture position in Lodestar’s East and West Taurus properties in eastern Alaska…


Windy Craggy comes under attack in U.S.

A river conservation organization in the U.S., American Rivers, says the Tatshenshini-Alsek river system in northwestern British Columbia (and near Alaska), in the area of the Windy Craggy copper mini…



Cameco files secondary issue

Saskatoon, Sask., based uranium producer Cameco (TSE) has filed a final prospectus for a secondary issue of 5.99 million common shares. The shares will be delivered by Canada Eldor (CEI), a Crown corp…


Tyler buys claims at Lac de Gras

In exchange for $60,000 cash and 200,000 common shares, Tyler Resources (TSE) has acquired a 92,000-acre property just north of the BHP-Dia Met discovery in the Northwest Territories. Tyler plans to r…


Martel inquiry report is near

A legislative committee looking into comments made by Ontario Mines Minister Shelley Martel about a Sudbury doctor has concluded its hearings and will deliver its report April 15. Martel told a Thunde…


By continuing to browse you agree to our use of cookies. To learn more, click more information

Dear user, please be aware that we use cookies to help users navigate our website content and to help us understand how we can improve the user experience. If you have ideas for how we can improve our services, we’d love to hear from you. Click here to email us. By continuing to browse you agree to our use of cookies. Please see our Privacy & Cookie Usage Policy to learn more.

Close