Borden yields quick return for Probe Mines
It didn’t take Probe Mines (PRB-V) long to prove to the world that its decision to sell a royalty on one past producing mine to invest more into a potential mine was a sound decision.
Canada
Maudore’s new management tries to right the ship
VANCOUVER — It has been a bit of a whirlwind over the past five months for Quebec-focused gold explorer Maudore Minerals (MAO-V).
Editorial: Snookered by CNOOC
Canada’s federal government surprised quite a few Canadians in early December by approving the sale of two large Western Canadian oil and gas players to two Asian governments — a decision that will have wide ramifications for future…
Double Trouble for Taseko
VANCOUVER — So far, the holiday season has not been very merry for Taseko Mines (TKO-T, TGB-X), which is facing a potential strike at its operating mine and a new setback in the seemingly endless effort to permit its new mine.
Vale gives $125K to Laurentian University
Vale (VALE-N) is donating $125,000 to Laurentian University’s Centre for Research in Occupational Safety and Health (CROSH) in Sudbury, Ont. — home to Vale’s powerhouse nickel assets.
Dolly Varden hopes to find the next Eskay Creek
The management team at Vancouver-based Dolly Varden Silver (DV-V) had been keeping its eye on an intriguing piece of mining history in northwestern B.C.’s Stewart complex for quite some time. Both chairman John King Burns and…
Richmont delivers double whammy in Quebec
Richmont Mines (RIC-T, RIC-X) has found itself in a tough spot, with shares sinking to a new 52-week low after taking the Francoeur gold mine offline and scrapping its exploration efforts on the Wasamac gold property, both near…
Bullfrog a prince for Corvus
Vancouver-based junior Corvus Gold (KOR-T) has released an updated preliminary economic assessment (PEA) on its wholly owned North Bullfrog low-grade gold project in southern Nevada that models a heap-leach mine averaging 74,800 oz. gold…
Western Potash up on positive Milestone feasibility
Western Potash shares (WPX-T) gained nearly 7% after the company published a positive feasibility study showing its proposed Milestone potash solution mine near Regina, Sask., could produce 2.8 million tonnes of potassium chloride (KCl) a…
Brixton cuts high grades at Oban in 2012
VANCOUVER — Vancouver-based explorer Brixton Metals (BBB-V) cannot help but be excited by the silver-equivalent grades it has been cutting at its Thorn pollymetallic project 130km southwest of Atlin in northwestern British Columbia….
Flow-through donations may be safety net for junior explorers
It’s no secret that tight equity markets are hurting junior mining and other resource exploration firms in Canada as they struggle to find the vein of capital to keep their operations running and their valuations from leeching away.
TSX Venture continues decline, Dec. 3-7
VANCOUVER — The S&P TSX Venture Composite Index continued to lose ground during the Dec. 3-7 trading sessions, dropping 2.8% or 34.8 points before closing the week at 1,186.06 points. Uncertainty over U.S. economic policy negotiations…