PDAC awards night
On March 8, people from around the mining industry gathered at the Fairmont Royal York hotel in Toronto to celebrate this year’s winners of the Prospectors and Developers Association of Canada annual …
Canada
NovaGold raises $175 million (March 22, 2010)
VANCOUVER — NovaGold Resources (NG-T, NG-X) is all cashed up — in two days the Vancouverbased company closed two financings to add US$175 million to its coffers.
Kinross to acquire Underworld Resources (March 22, 2010)
The boards of Kinross Gold (K-T, KGC-N) and Underworld Resources (UW-V) have given their approval to a friendly takeover deal that will give Kinross the junior exploration company’s White Gold project…
Apollo, Linear merging to form mid-tier gold miner
VANCOUVER — Apollo Gold (APG-T, AGT-X) and Linear Gold (LRR-T) are set to merge into a company with an active gold mine in Ontario, an advanced gold project in Saskatchewan, and a solid cash balance.
A little more detail on Evolving’s Wyoming discovery
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John Felderhof speaks out at PDAC
“What happened to me could happen to anybody,” John Felderhof, a former geologist and senior vice-president at Bre-X Minerals, told a small group gathered in a seminar room at the recent Prospectors a…
Kirkland Lake Gold finds its feet (March 22, 2010)
Despite a five month production interruption due to a borehole collapse in June 2009, Kirkland Lake Gold (KGI-T, KGI-L) says it is back on track and expects to produce and pour between 45,000 and 55,0…
Alexis looks to restart Snow Lake gold mine
VANCOUVER — A preliminary assessment of the Snow Lake mine in west-central Manitoba concluded that new owner, Alexis Minerals (AMC-T), could profitably restart the underground gold operation and run …
International Tower Hill ups Livengood again (March 22, 2010)
VANCOUVER — Another 64 holes, another increase to the resource estimate: International Tower Hill Mines (ITH-T) has increased the Livengood gold deposit yet again.
In-situ oilsands projects graded on environmental impact
Vancouver – Oilsands companies in Alberta using steam-extraction could go a long way to reducing their growing…
Oilsands Quest turns to SAGD (March 18, 2010)
When Oilsands Quest (BQI-X) started drilling at its Axe Lake project in Saskatchewan in 2006 there was a lot o…
Falcon carries lithium to Canadian Orebodies
Canadian Orebodies (CO-V) is showing that the lithium craze isn’t over just yet.