Mountain Province Diamonds attracts interest
Mountain Province Diamonds (MPV-T, MDM-X) has received “unsolicited expressions of interest from third parties” about its stake in the Gahcho Kue diamond project in Canada’s Northwest Territories.
Canada
Balmoral deepens zone at Martiniere West
Vancouver – Balmoral Resources (BAR-V) continues to establish and deepen a high-grade gold structure at its Martiniere West target along the Detour-Sunday Lake deformation zone in central Quebec.
Victory pushes Minago closer to development
After spending four years proving up one of Canada’s largest undeveloped sulphide nickel deposits, Victory Nickel (NI-T) has received a licence to start building a mine at its Minago project in Manitoba.
Silver Standard working to develop multiple projects
Vancouver – With one of the largest silver resources around Silver Standard (SSO-T, SSRI-Q) has positioned itself well to benefit from rising silver prices, but it still faces the challenge of getting those resources out of the ground.
Potash One dealmaker Matysek turns his hand to B.C. gold
Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…
Initial resource for Probe Mines’ Borden Lake
Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.
Venture stumbles in August 15-19 period
Vancouver – Uncertainty and caution continued to disrupt markets in the August 15-19 trading period as the S&P/TSX Venture Composite Index dropped 52.52 points to close at 1,764.84 points. While up from the low of 1,682 points hit in early…
Photo contest winners announced
The winners of the 7th annual photo competition put on by Australia-headquartered mining consultancy Snowden have been announced.
People
American Vanadium – Ron Macdonald appointed a director.
Xstrata snaps up First Coal
Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.
New horizons: Canada’s untapped geothermal energy potential
The following is an edited excerpt from the Geological Survey of Canada’s report Geological energy resource potential of Canada. To download the full report visit http://geopub.nrcan.gc.ca.
Puget Ventures set to become Global Cobalt
Within weeks, Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player, with a new name, new financing and a new focus on the Altai Republic in southern Russia.