Canada

Takeover bid for Hathor becomes heated

Cameco’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-T) turned uglier when the uranium producer slammed the credibility of the junior’s preliminary economic assessment (PEA) for its Roughrider deposit in northern…


The head frame and hoist room at Iamgold's Niobec niobium mine in Quebec, 200 km north of Quebec City. Photo by Iamgold

Niobec stake could be cash cow for Iamgold

Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…


Rescued Chilean miners Omar Reygadas (left) and Franklin Lobos at a press conference in Toronto. Photo by Salma Tarikh

From hard hats to fundraising

Two of the 33 Chilean miners have put on their fundraising hats to promote the upcoming National Folkloric Ballet of Chile (BAFONA) tour across Canada. 


Fronteer ex O’Dea raising $20M for Blue Gold Mining

Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for his new company, Blue Gold Mining (BGX-V).


Northgate’s Australian mines underperform

Analysts remain mixed over AuRico Gold’s (AUQ-T) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T), with some believing the 60% premium AuRico has agreed to pay is too rich for Northgate and its prized…


Teck to make big investments in B.C. operations

Vancouver – Looking to boost internal growth, Teck Resources (TCK.B-T, TCK-N) plans to ramp up production at its western Canadian coal operations and make significant upgrades to two processing facilities in British Columbia.


Exploration Orbite hits another milestone

Montreal-based junior Exploration Orbite (ORT.A-V) has been given the go-ahead to extract a large bulk sample of up to 3,000 tonnes of aluminous clay over the next year from its Grande-Vallee claystone deposit in Quebec.




Foundation, Alto release Coldstream resource

Vancouver – Foundation Resources (FDN-V) and Alto Ventures (ATV-V) have released an initial compliant resource for their 60-40-split East Coldstream project in northwestern Ontario.


New drill results surpass even Hathor’s expectations

Hathor Exploration (HAT-V), which is in the midst of fighting off a hostile takeover offer from Cameco Corp. (CCO-T, CCJ-N), updated the markets today with excellent drill results from the Far East zone at its coveted Roughrider deposit in…



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