Mega Precious Metals working to prove Red Lake theories
Vancouver – Mega Precious Metals (MGP-V) has released another round of gold hits from its North Madsen project as it works to establish an open-pitable resource near Red Lake.
Canada
Fortune Minerals, Posco to link up
To advance its Mount Klappan anthracite coal project in northwest British Columbia, Fortune Minerals (ft-t) is partnering with South Korean steelmaker Posco.
Dacha offers REE investors a second home
With a near three-fold rise in its share price over the past three months, Dacha Strategic Metals (DSM-V) is catching the attention of investors looking for a new way to enter the red-hot market for rare earths.
Wallbridge eyes producer’s status
Sudbury, Ont. – It’s been a slow ride for Wallbridge Mining (wm-t), but one that has been picking up. With one successful spin-out, another in the making and a project near production, the explorer is ready to change gears.
Trelawney wants Augen Gold’s land
Trelawney Mining and Exploration (TRR-V) wants to consolidate its position on the Swayze gold belt by acquiring one of its largest neighbors: Augen Gold (GLD-V) Trelawney tabled the all-share offer to Augen’s board late on Friday afternoon,…
Peregrine Metals’ shares spike on acquisition news
Peregrine Metals (pgm-t) saw its shares surge more than 250% after U.S. platinum giant Stillwater Mining (swc-n) agreed to pay US$487.1 million for the junior and its large, yet undeveloped copper-gold project in Argentina.
Venture finds gains despite the gloom
Vancouver – Shrugging off poor job numbers from the United States and worries of a spreading debt crisis in Europe, the S&P TSX Venture Exchange Index managed its best period in months between July 4 and 8. The index ended up 80.63 points…
Bayfield insiders sell as Rainy River area play overheats
A 400- by 800-metre claim block east of Rainy River Resources’ (RR-T) flagship gold project in northwestern Ontario is causing a big commotion at the project’s operator, Bayfield Ventures (BYV-V).
Canada Lithium looks to rebound
Canada Lithium (CLQ-T) is ready to move on from a shrinking-resource fiasco at its Quebec Lithium project near Val d’Or, Que., and has recently tabled an updated feasibility study of the project that shows it is still viable.
Randy Turner: Reflections of a diamond industry pioneer
Energy companies have recruited geological talent from the University of Calgary for decades, so it’s no surprise that Randy Turner joined the sector after earning his B.Sc. degree in 1971. It was a wise career choice, with multinationals…
On the diamond trail
Afri-Can Marine Minerals
Market unimpressed with Rubicon’s PEA for F2
Rubicon Minerals (RMX-T, RBY-X) fell $1.12, or 23.9%, to close at $3.56 per share with more than 4 million shares traded in Toronto after the company released a preliminary economic assessment (PEA) of its 100%-owned F2 gold system, part of its…