Commentary: Unlocking the wealth of northern Ontario
Discovery of the massive “Ring of Fire,” a chromite-rich mineral deposit in a remote area of northern Ontario, is the first and perhaps easiest step in realizing the site’s potential.
Canada
First Point stakes new awaruite prospects in Australia, Yukon
Vancouver – Nickel-iron alloy explorer First Point Minerals (FPX-V) has discovered promising showings of awaruite mineralization in Australia and the Yukon. The company has staked large land packages surrounding the showings and will look to…
Chinese firms to invest $1.36 billion in private B.C. coal projects
Vancouver – British Columbia’s new Liberal premiere, Christy Clark, has made some bold statements to Canada’s mining sector and the rest of the world these past few weeks.
Strong assays for Northern Freegold in the Yukon
Results from eight more holes at Northern Freegold Resources (NFR-V) Freegold Mountain project in the Yukon are in and show that the company could well be on to a significant mineralized body.
Hathor Exploration receives revised offer
Cameco Corporation (CCO-T, CCJ-N) has raised its all-cash offer for Hathor Exploration (HAT-T) by 20% from $3.75 per share to $4.50 per share, trumping Rio Tinto’s (RIO-N, RIO-L) $4.15 per share all-cash bid.
Venture edges down Nov. 7-11
Junior mining stocks maintained their slight downward trajectory in the Nov. 7-11 trading period, with the S&P/ TSX Venture Composite Index slipping 8.7 points to end at 1,641.31 points. As in recent weeks, volume remained light at an…
Golden Predator continues aggressive growth in Yukon
Few companies embody the modern Yukon gold rush more than Golden Predator (GPD-T).
Xstrata funds Raglan expansion
Raglan at Quebec’s northern limit in Nunavik is one of the world’s highest grading nickel mines. In August, Xstrata Nickel, one of Xstrata’s (XTA-L) global business units, approved a US$530-million extension project at that will develop the…
Letters to the editor: Kudos for the balance
Thank you very much for running Chief Baptiste’s article. It was informative and as a subscriber, I appreciate your publication presenting both sides of the story. Your decision to be inclusive helped me decide to renew our subscription.
High grades for Eagle Hill
Eagle Hill Exploration (EAG-V) has received a first resource estimate for the Windfall Lake project in Quebec’s Abitibi region, and found better grades than it expected.
Seabridge Gold advances Courageous Lake in NWT
Infill drilling this year at Seabridge Gold’s (SEA-T) Courageous Lake property in Canada’s Northwest Territories is helping upgrade inferred resources to higher categories and increasing the size and grade of the deposit, the company says,…
Victoria Gold looking to become Yukon’s next gold producer
With all the excitement about new discoveries in the Yukon, it’s easy to forget about the established deposits that could become mines in the near term.