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Aberdeen International – Richard Bishop appointed VP of investments.
Canada
New Gold up on Blackwater drill results
New Gold (NGT-T, NGD-X) touched a new 52-week high, after posting strong drill results from its Blackwater gold project in central B.C.
Ocampo, meet Young-Davidson
AuRico Gold (AUQ-T, AUQ-N) wants to become an intermediate gold producer, and it has tabled a rich, all-share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.
Cameco bids for Hathor
Hathor Exploration’s (HAT-T) shares have vaulted in response to Cameco’s (CCO-T, CCJ-N) launching of a hostile, $520-million cash bid for the junior, and initiating what may become a bidding war for its world-class, high-grade…
Potash One dealmaker Matysek turns to BC gold
Fresh from the $434-million sale of his potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is turning his attention to a small, Americas-focused gold explorer named Ocean Park Ventures…
Red Cross lauds Canadian miners for Haiti help
The Canadian Red Cross has commemorated members of the mining industry for raising $900,000 following the devastating earthquake that rattled Haiti in January 2010, leaving 230,000 dead, 1.3 million homeless and 3 million affected.
4M oz. gold at Probe’s Borden Lake
Probe Mines (PRB-V) jumped 17.3%, or 26¢, to $1.76 per share on news its Borden Lake gold project situated about 110 km east of Lake Superior near Chapleau, Ont., contains 4 million oz. gold and nearly 6 million oz. silver.
Teck advances its oilsands projects
Teck Resources (tck.b-t, tck-n) is looking to produce more than 30,000 barrels per day by 2016 from its oilsands projects in Alberta.
Detour Gold taking the direct route towards production
The landscape around Cochrane Ontario is prototypical of the land in northeastern Ontario: a flat horizon dense with coniferous trees, broken only intermittently by a still black lake.
Cadillac boosts Thierry resource
Cadillac Ventures (CDC-V) has increased the measured and indicated resources by 33% and inferred resources by 75% at its100%-owned Thierry mine project in northwestern Ontario based on drilling completed in 2010 and 2011.
Southern Pacific Resource revises McKay cost estimate
If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year with the first steam to follow and production targeted to get underway…
Agnico’s two pearls in Nunavut
Baker Lake, Nunavut – It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (aem-t, aem-n), to say the least, but one that holds much promise.