Ontario gov’t funds graphite research for Zenyatta
The Ontario government is spending $500,000 to help Thunder Bay-based graphite explorer Zenyatta Ventures (TSXV: ZEN; US-OTC: ZENYF) test samples from its Albany project near the town of Hearst.
Canada
Mountain Province Diamonds a top pick for Salman Partners
Salman Partners’ senior analyst Raymond Goldie has upgraded Mountain Province Diamonds (TSX: MPV; NASDAQ: MDM) from a “buy” to a “top pick,” after the junior reiterated it is on track and on budget to start…
Kaizen searches for Kamoa analogues in Canada’s Far North
VANCOUVER — Kaizen Discovery (TSXV: KZD; US-OTC: CCNCF) is about to kick-start exploration for sediment-hosted copper deposits at its Coppermine project, 5 km south of the community of Kugluktuk, Nunavut.
TSX Venture enjoys week-long rally, April 6-10
The S&P/TSX Venture Composite Index managed five days of gains during the trading period, as it jumped 2.3%, or 15.86 points, before closing at a four-week high of 698.88 points. The rally was underpinned by rising commodity futures, while…
Alamos, AuRico unveil US$1.5B ‘merger of equals’
VANCOUVER — Alamos Gold (TSX: AGI; NYSE: AGI) and AuRico Gold (TSX: AUQ; NYSE: AUQ) have apparently been in an on-again, off-again courtship for years, but on April 13 the companies decided to tie the knot amidst a rising tide of merger…
Technical troubles dog Copper Mountain in Q1
Mechanical difficulties at Copper Mountain Mining’s (TSX: CUM) 75%-owned Copper Mountain mine in southern B.C. involving a transformer failure on one of the ball mills in February and a 10-day disruption with the regrind mill in March…
Editorial: Canada, India reunite over uranium
How long do you hold a grudge before letting bygones be bygones? For the Canadian government, it’s about 40 years when it comes to the Indian government’s betrayal over its use of peaceful Canadian nuclear technology to build a…
Eira Thomas focuses on value preservation at Kaminak
It’s interesting to watch Eira Thomas’ transition from the diamond space in the gold sector, now that she’s heading up Vancouver-based junior Kaminak Gold (TSXV: KAM; US-OTC: KMKGF).
TSX Venture closes at three-week high, March 30-April 2
The S&P/TSX Venture Composite Index closed at a three-week high during the shortened trading sessions, rising 1.6 points to 683.02 points. Growth in the U.S. manufacturing sector hit a five-month high in March, while energy investors…
Treasury’s Goliath: Canada’s next up-and-coming gold mine?
VANCOUVER — Treasury Metals (TSX: TML; US-OTC: TSRMF) is attracting attention with high-grade gold intercepts from drilling at its advanced-stage Goliath gold project near Dryden in northwestern Ontario.
Tata Steel buys LIM’s 49% stake in Howse deposit
Tata Steel Minerals Canada (TSMC) acquired a 51% stake in Labrador Iron Mines’ (TSX: LIM) Howse iron ore deposit in Labrador for $30-million cash in 2013.
Editorial: Quebec pushes forward with revived Plan Nord
More meat has been added to the bones of Quebec Premier Philippe Couillard’s revival of former Premier Jean Charest’s shelved Plan Nord to develop large infrastructure in Quebec’s resource-rich Far North.