Canada


Venture rises in January 16-20 period

Vancouver – The S&P TSX Venture Composite Index climbed 35.31 points in the January 16 to 20 trading period to end at 1,571.34 points after four days of gains and one day of losses. Volume would have averaged almost 100 million shares…


Correction

In “PDAC 2012 Awards” (TNM, Jan. 16-22, 2012, Page B14) the date of the awards evening should have read March 5, 2012.


At Prophecy Platinum's Wellgreen nickel-copper-PGM project in the Yukon, from left: field geologist Rex Camit; senior geologist Danniel Oosterman; and project geologist Rory Calhoun. Photo by Matthew Allan

Prophecy Platinum starts winter drill program at Wellgreen

Fifteen kilometres off the paved Alaska Highway in southwestern Yukon, the Wellgreen nickel-copper-platinum group metal (PGM) project sits largely as it has since 1973, when Hudson-Yukon Mining abandoned underground mining there after one year…


Huckleberry approves mine expansion

The board of Huckleberry Mines – in which Imperial Metals (III-T) holds a 50% stake, and a consortium of Asian companies (Materials, Marubeni, Dowa Mining and Furukawa) owns the remainder – has approved a plan to extend the life of its…


The camp at Smash Minerals' Whiskey gold project in the Yukon. Photo by Smash Minerals

Smash Minerals, Prosperity Goldfields to merge

When Adrian Fleming, co-founder of the wildly successful Underworld Resources, listened to a presentation at his Vancouver office in November last year from Prosperity Goldfields’ (PPG-V) chief geologist Quinton Hennigh about a prospect in…


Trevali opens Halfmile mine in NB

Trevali Mining (TV-T) has kicked off the new year by transitioning from a development-stage company to a producer, by starting up the Halfmile polymetallic massive sulphide mine near Bathurst, N.B.



People

Bear Creek Mining – Lisa May appointed director of investor relations.


A drill rig at Quest Rare Minerals' Strange Lake rare earth element project in Quebec. Photo by Quest Rare Minerals

Quest moves higher on drill results

Shares of Quest Rare Minerals (QRM-V, QRM-X) closed 25% higher at $3.23 per share on Jan. 12 after the junior announced that heavy rare earth oxides represented 22.4% to 76.5% of rare earth oxides intersected during the company’s Strange Lake…


A loader filling a dump truck at Goldcorp's Penasquito polymetallic mine in Mexico. Photo by Goldcorp

Goldcorp falls short of production targets, again

Before Goldcorp (G-T, GG-N) began commercial production at its expanded Red Lake gold mine on Jan. 1, 2001, the company was a 100,000- oz.-a-year mid-tier gold producer struggling to become a senior gold miner. But by the end of the year, Red…


The camp at Golden Predator's Brewery Creek gold project in the Yukon. Photo by Ian Bickis

Golden Predator makes gains in the Yukon

Golden Predator (GPD-T) started strong in 2012 with more drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek. Golden Predator is the largest active-exploration property holder in the…


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