TSX Venture falls alongside commodities, Apr. 8-12
VANCOUVER — The S&P TSX Venture Composite Index followed commodities downward during the Apr. 8-12 trading period, dropping 1.8% or 19.24 points en route to a 1,022.61 point weekly close.
Canada
Falco finds gold in Horne’s old data
Falco Pacific Resource Group (FPC-V) secured a jewel of Canada’s mining history just as markets tightened. But rather than let the conditions get it down, the company wound up proving an old adage correct: necessity is indeed the mother…
Rainy River hits feasibility milestone
Rainy River Resources’ (RR-T) president and CEO Raymond Threlkeld is touting the company’s Rainy River gold deposit in northwestern Ontario as a “low risk and very high return project.”
Transition Metals to acquire HTX Minerals
Geologist Scott McLean and geophysicist Keven Stevens set up privately held HTX Minerals in late 2007 and started raising capital for the start-up exploration company in January 2008.
Aurizon gets Casa Berardi back up and running
Operations at Aurizon Mines’ (ARZ-T, AZK-N) flagship Casa Berardi mine in Quebec are back to normal.
Patterson Lake discovery triggers junior uranium frenzy
VANCOUVER — Nothing draws Canadian explorers quite like an emerging mineral discovery that looks to have district-scale potential. This is proving to be the case with Fission Energy (FIS-V) and Alpha Minerals’ (AMW-V) Patterson Lake…
NAP sells gold assets to fuel its palladium growth
North American Palladium (PDL-T, PAL-X), or NAP for short, has done some spring cleaning, selling its non-core gold division to Maudore Minerals (MAO-V) one day after appointing a new CEO to oversee the expansion of its prized Lac des…
Cost control drives Argonaut’s success
VANCOUVER — While many gold producers have been plagued by rising operating costs and shrinking profit margins, Reno-based producer Argonaut Gold (AR-T) has proven to be an exception to the norm. Though the company boosted year-on-year…
Positive economics for Gold Canyon’s Springpole
VANCOUVER — For US$438 million, Gold Canyon Resources (GCU-V) could transform its Springpole project in northern Ontario into profitable gold-silver mine, according to a new preliminary economic assessment (PEA).
Grey Fox grows for Brigus
Brigus Gold (BRD-T, BRD-X) looks to have a bigger gold property on its hands than it anticipated.
First Point and Cliffs envision a nickel mine at Decar
VANCOUVER — A preliminary economic assessment (PEA) for the Decar project in central B.C. estimates an open-pit mine at the site could produce nickel commercially for joint-venture owners First Point Minerals (FPX-T) and Cliffs Natural…
La Ronge rises on winter drilling results from Preview
VANCOUVER – The drills at work at La Ronge Gold’s (LAR-V) Preview property in north-central Saskatchewan over the winter were searching for mineralization at the edges of and along strike from the main Preview SW deposit – and that…