Gold Canyon gains ounces but loses grade at Springpole
Gold Canyon Resources (GCU-V) managed to boost total ounces in its latest resource update, but it did so at the cost of grade.
Canada
Strateco soars on Matoush’s exploration licence
Strateco Resources’ (RSC-T) shares surged 32% after the Canadian Nuclear Safety Commission (CNSC) granted it an exploration licence for its underground Matoush uranium project in Quebec’s Otish Basin.
Red Cloud on the horizon for mining execs
While Chad Williams was chief executive of Victoria Gold Corp. (VIT-V) the company was looking to acquire an advanced project. The board, however, was split on what to do.
Argonaut Gold moves on Prodigy
Argonaut Gold has decided that now is the time to start bolstering its pipeline through acquisitions.
TSX Venture loses ground, Oct. 9-12
VANCOUVER — The S&P TSX Venture Composite fell 52.2 points or 3.9% during the shortened Oct. 9-12 trading period, eventually closing at 1,292.81 points. The week started out on a sombre note, with the International Monetary Fund (IMF)…
Claude’s Seabee production impresses
Third-quarter production results from Claude Resources’ (CRJ-T, CGR-X) Seabee gold mine in northern Saskatchewan are in, and the results are better than expected.
People
Victory Nickel — Ken Murdock appointed CEO of subsidiary Victory Silica.
Denison reveals Wheeler River’s results
Denison Mines (DML-T, DNN-X) has wrapped up the 2012 drill programs at its 60%-held Wheeler River uranium property in Saskatchewan, and plans to update the project’s resource estimate by year-end.
Nemaska Lithium planning ‘one big mine’
Nemaska Lithium (NMX-V, NMKEF-O) has made a splash twice this October with the release of a preliminary economic assessment for its Whabouchi lithium deposit in the James Bay region of northern Quebec, and news of an offtake and collaboration…
Facts ‘n’ figures: Fostering new mine development in northwestern Ontario
The following is an edited version of the executive summary from the study Mining in northwestern Ontario: Opportunities and challenges, commissioned by Ambassadors Northwest and written by professors Bahram Dadgostar, Sam Garofalo, Nikola…
Pacific Booker hammered by BC government’s permit denial
In a rare move, the B.C. Liberal government has denied developer Pacific Booker Minerals (BKM-T, PBM-X) an environmental assessment certificate for its wholly owned Morrison copper-gold project, 65 km northeast of Smithers, B.C.
Western Potash gets $15M for Milestone work
Western Potash (WPX-T) is aiming to enhance its liquidity by raising $15 million in a non-brokered private placement — a move that was not entirely well-received by investors.