Denison eyes a bigger piece of cake
In a move to lock up uranium-rich ground in the Athabasca Basin in northern Saskatchewan, Denison Mines (DML-T) plans to buy joint-venture partner JNR Resources (JNN-V) for nearly $10 million.
Canada
Temex buys blue sky
Mergers and acquisitions are heating up in the mining-friendly province of Ontario with Iamgold’s (IMG-T) acquisition in June of Trelawney Mining and Exploration and the proposed friendly takeover of Queenston Mining (QMI-T) by Osisko…
Tower Resources writes a new chapter in B.C. exploration
VANCOUVER — Vancouver-based explorer Tower Resources (TWR-V) did not stray far from home when it came to picking its projects. The company boasts a strong technical team with a history of success in Western Canada, so the fact Tower…
Record production for SAS
St Andrews Goldfields (SAS-T) goal of reaching 100,000 oz. of gold production for the year is getting closer to reality.
TSX Venture falls slightly, Nov. 5-9
VANCOUVER — The S&P TSX Venture Composite Index dropped a marginal 9.8 points or 0.74% during the Nov. 2-5 trading period, before closing the week at 1,300.92 points.
Harry Winston to buy Ekati for US$500M
One year after BHP Billiton (BHP-BLT-L) announced it was looking at selling its diamond business, the company has found a buyer in Harry Winston Diamonds (HW-T, HWD-T).
Update: Osisko to acquire Queenston
It’s not easy these days for chief executives and their boards to strike a balance between shareholders who scream for growth and those who demand consistent free cash flow and higher dividends.
Project generation a win for McLean
Scott McLean and Kevin Stevens were part of a four-man team at Falconbridge that discovered the high-grade Nickel Rim South deposit in Sudbury, Ont., in 2001.
Northern Freegold forges ahead in the Dawson range
It has been a season of perseverance for Yukon-centric explorer Northern Freegold (NFR-V). Despite tepid equity markets, the company pushed forward with a drill program at its Freegold Mountain gold project 200 km northwest of Whitehorse, and…
Golden Predator sinks its teeth into Brewery Creek
Things are finally coming together for Yukon-focused explorer Golden Predator (GPD-T) at its wholly owned Brewery Creek gold project, which waits peacefully at the end of a 55 km, eastbound drive from Dawson City.
Rambler’s Ming takes wing
The Ming copper-gold mine on Newfoundland’s Baie Verte Peninsula officially moved into commercial production on Nov. 1, and Rambler Metals and Mining (RAB-V, RMM-L) says the first 9,000 to 10,000 tonnes of copper concentrate will be…
More Alaskan high grade for NovaCopper
Since NovaCopper (NCQ-T, NCQ-X) started drilling the South Reef zone on its Bornite concession in northwestern Alaska this year, 16 of the 19 holes returned high-grade copper — a success rate of 84%.