Canada

A new zone at Seabee doesn’t disappoint Claude

Just three months after discovering the L62 zone at its Seabee gold mine in northern Saskatchewan, Claude Resources (CRJ-T, CGR-X) has outlined a strike length for the zone of 75 metres, a dip length of 300 metres and has decided to add another…




Niobec stake could be cash cow for Iamgold

Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…


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Aberdeen International – Richard Bishop appointed VP of investments.



A worker drives down a ramp at Northgate Minerals' Young-Davidson gold project in Matachewan, Ontario. Photo by Northgate Minerals

Ocampo, meet Young-Davidson

AuRico Gold (AUQ-T, AUQ-N) wants to become an intermediate gold producer, and it has tabled a rich, all-share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.


Cameco bids for Hathor

Hathor Exploration’s (HAT-T) shares have vaulted in response to  Cameco’s (CCO-T, CCJ-N) launching of a hostile,  $520-million cash bid for the junior, and initiating what may become a bidding war for its world-class, high-grade…


Ocean Park Ventures' Trapper gold project near Atlin, B.C. Photo by Ocean Park Ventures

Potash One dealmaker Matysek turns to BC gold

Fresh from the $434-million sale of his potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is turning his attention to a small, Americas-focused gold explorer named Ocean Park Ventures…


Red Cross lauds Canadian miners for Haiti help

The Canadian Red Cross has commemorated members of the mining industry for raising $900,000 following the devastating earthquake that rattled Haiti in January 2010, leaving 230,000 dead, 1.3 million homeless and 3 million affected.  


4M oz. gold at Probe’s Borden Lake

Probe Mines (PRB-V) jumped 17.3%, or 26¢, to $1.76 per share on news its Borden Lake gold project situated about 110 km east of Lake Superior near Chapleau, Ont., contains 4 million oz. gold and nearly 6 million oz. silver.



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