People
Alacer Gold – Geoffrey Williams appointed executive VP, general counsel and secretary.
Canada
Positive results for Probe Mines
Results of an initial scoping study on metallurgy at the Borden Lake gold project near Chapleau, Ont., are encouraging for Probe Mines (PRB-V).
Canadian Zinc steps closer to opening a mine
Canadian Zinc (CZN-T) gets a green light from environmental authorities to go ahead with developing its Prairie Creek mine in the Northwest Territories.
Century Iron Mines building strength on the Labrador Trough
The amount of iron ore in the Labrador Trough appears endless as Century Iron Mines (FER-T) is the latest company to yield significant drill results from the world renowned geological structure.
Barkerville gets the permit to tap into Bonanza Ledge
Barkerville Gold Mines (BGM-V) is on its way to bulking up production at its QR Mine in B.C. thanks to a newly permitted deposit just up the road.
Anaconda sells iron ore assets to pay down debt
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and get more focused on gold.
Venture finds gains in Nov 28 – Dec 2 period
Vancouver – The S&P Venture Composite Index continues to show significant volatility, climbing 51.74 points in the November 28 to December 2 period to end at 1,556.88 points. The upswing only recouped about half the loss from the week…
Virginia Mines a buy or hold near current levels: Cook, Casey
It is no easy task to find junior exploration companies these days with tangible assets and a share price that might not drop too significantly should the current market uncertainty be a mere prelude to a wide-scale financial system collapse.
Cameco bows out of Hathor bidding, Rio triumphs
Cameco’s (CCO-T, CCJ-N) hunt for Hathor Exploration (HAT-T) is over, leaving Rio Tinto (RIO-N, RIO-L, RIO-A) in the driver’s seat to acquire the junior and its Roughrider uranium deposit in Saskatchewan’s Athabasca basin.
Sabina Gold boosts resources at Back River
A new resource estimate by Sabina Gold & Silver (SBB-T) at its Back River gold project in Nunavut has the company’s share price moving in the right direction.
BHP looks to exit diamond business
BHP Billiton (BHP-N, BLT-L, BHP-A) is considering leaving the diamonds business, because it may no longer fit its modus operandi of owning only “large, long-life, upstream and expandable assets.”
Pretium boosts Brucejack resource to 31M oz. gold, 333M oz. silver
Pretium Resources (PVG-T) has increased gold and silver resources at its flagship Brucejack project in northwestern B.C. by as much as 460%, following a mid-year, 72,000-metre drill program.