Federal government funds ‘CAT scan for the earth’
The Canadian government is spending $1.8 million to fund a new geophysical survey technology from Vancouver called muon geotomography.
Canada
Aurizon’s Q4, year-end profits drop
Aurizon Mines (ARZ-T, ARK-X) reported lower fourth-quarter and annual profits for 2010 as it wrapped up a tough year at its flagship Casa Berardi gold mine in northwestern Quebec.
Yellowhead reviving B.C. copper project (March 28, 2011)
Recently listed Yellowhead Mining (YMI-V) is resurrecting the Harper Creek copper project in central British Columbia, building on a deposit that was discovered over 40 years ago.
White Tiger curls up with cash-strapped Century Mining (March 28, 2011)
Amid serious financial troubles, Century Mining (CMM-V) has agreed to an all-share takeover bid by White Tiger Gold (WTG-T), a newly listed gold miner 74% controlled by Russian mining promoter Maxim Finskiy.
Junior explorers still flocking to the Yukon (March 25, 2011)
Vancouver – 2010 was a big year for the Yukon as exploration companies flooded into the Territory in a flurry of staking and deal making and 2011 is looking no different.
Auriga rises on Manitoba gold
The drill bit led Auriga Gold (AIA-V) up the market on Thursday, as the company announced it had struck 30.44 grams of gold over 2 metres at its Maverick project in Manitoba. The latest results dovetail nicely with results from earlier in…
Venture limits losses in March 14-18 period
Vancouver – The S&P TSX Venture Exchange partially recovered from early losses in the March 14 to 18 period, but still ended down 22.87 points at 2,243.87 points for a second downward week as the Japanese disaster compounded middle east…
Sprott’s state of the world (March 21, 2011)
If the location of Eric Sprott’s speech, the Prospectors and Developers Association of Canada convention, or the title of the speech, “Investment survival in the meltdown,” wasn’t enough to give away the investment guru’s final conclusions,…
PDAC honours 2011 award winners
The 2011 PDAC awards gala was held during the organization’s annual convention, on the evening of March 7 at Toronto’s Fairmont Royal York hotel. The winners were selected by the PDAC’s board of directors, based on recommendations from the…
Promising drill results at Typhoon’s Fayolle
A 10-metre intercept averaged 7.14 grams gold per tonne at Typhoon Exploration’s (TYP-V) 100%-owned Fayolle gold project in Quebec’s Abitibi region.
Quadra FNX posts record earnings in 2010 (March 21, 2011)
Quadra Mining successfully completed its merger with FNX Mining in May 2010 and judging by the combined company’s earnings last year, the blend into Quadra FNX Mining (QUX-T) has been a success so far, with a little help from surging copper…
High-grade hits for Temex in Timmins
Exploration drilling on the 6 Vein area of the Upper Hallnor mine in Ontario’s Timmins camp has returned wide core lengths of gold mineralization, Temex Resources (TME-V) says, with 9.97 grams gold per tonne over 6.7 metres including 66 grams…