Canada

Canada/China sign landmark uranium deal

A new trade deal allowing exports of Canadian uranium to China is producing cheers from uranium companies across the country. The deal was one of several agreements signed during a visit this week to China by Canadian Prime Minister Stephen…


Marathon Gold going the distance in Newfoundland, Idaho

Vancouver – While Marathon Gold’s (MOZ-T) flagship project sits in the centre of Newfoundland, the company is also ramping up its U.S. presence with a 20,000-metre drill program on its Golden Chest mine in Idaho and its recent acquisition of…


Benton gets sniffs at Sewell-West project

In December last year Benton Resources (BTC-V) launched a 1,476-metre drill program at its Sewell-West Timmins grass roots project in northwestern Ontario, about 60 km west of Timmins and 40 km west of Lakeshore Gold’s (LSG-T) Timmins mine.



Cap-Ex steps out at Northwest zone of Block 103

Vancouver – Cap-Ex Ventures (CEV-V) has released positive step-out holes from the Northwest Zone of its Block 103 iron ore project that show the zone is open to the north, west, and south.


Panoramic launches hostile bid for Magma Metals

An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.  




Construction at Detour Gold's Detour Lake gold mine in northeast Ontario. Photo by Sam Crittenden

Detour secures funds to build mine

Detour Gold (DGC-T) is raising $240 million in equity to finish building its Detour Lake mine near Cochrane, Ont., in hopes of becoming “Canada’s largest gold mining operation,” states the company’s president and CEO, Gerald Panneton, in a…


Roundup highlights new discoveries in BC, Yukon and Alaska

With the Association for Mineral Exploration British Columbia celebrating its 100th anniversary at this year’s Mineral Exploration Roundup in Vancouver, it was only fitting that most of the projects highlighted in the Tuesday sessions had long…




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