Canada

Northgate’s Australian mines underperform

Analysts remain mixed over AuRico Gold’s (AUQ-T) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T), with some believing the 60% premium AuRico has agreed to pay is too rich for Northgate and its prized…


Teck to make big investments in B.C. operations

Vancouver – Looking to boost internal growth, Teck Resources (TCK.B-T, TCK-N) plans to ramp up production at its western Canadian coal operations and make significant upgrades to two processing facilities in British Columbia.


Exploration Orbite hits another milestone

Montreal-based junior Exploration Orbite (ORT.A-V) has been given the go-ahead to extract a large bulk sample of up to 3,000 tonnes of aluminous clay over the next year from its Grande-Vallee claystone deposit in Quebec.




Foundation, Alto release Coldstream resource

Vancouver – Foundation Resources (FDN-V) and Alto Ventures (ATV-V) have released an initial compliant resource for their 60-40-split East Coldstream project in northwestern Ontario.


New drill results surpass even Hathor’s expectations

Hathor Exploration (HAT-V), which is in the midst of fighting off a hostile takeover offer from Cameco Corp. (CCO-T, CCJ-N), updated the markets today with excellent drill results from the Far East zone at its coveted Roughrider deposit in…



Hard hats to fundraising

Two of the 33 Chilean miners have put on their fundraising hats to promote the upcoming National Folkloric Ballet of Chile (BAFONA) tour across Canada.




People

BCGold – Darren Bahrey resigned as a director; Wes Roberts appointed a director.


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