A low-profile shell named Drexel Resources (DX-V) has attracted the interest of goldbugs and investors after it announced North Vancouver mining man Mark O’Dea intends on buying 10.7 million shares in a 24-million-share private placement for a…
Colorado-headquartered miner Golden Minerals (AUM-T, AUNM-X) and Toronto-based ECU Silver Mining (ECU-T) agreed to merge to create a new silver mining company focused mainly in Mexico and Argentina.
Progress at one of Ontario’s more exciting gold deposits continues un-abated as Northgate Minerals Corporation (NGX-T, NXG-X) drives to get its Young-Davidson mine into production. Northgate has already put $170 million into construction…
St Andrew Goldfields’ (sas-t) shares got a much needed boost, springing almost 8% on the back of some positive news from its Taylor gold project near Timmins, Ont.
Ewan Downie’s Premier Gold Mines (PG-T) has decided to take full control of the Hardrock gold project near Geraldton in northwestern Ontario, in which it currently owns a 70% interest. The company will acquire the remaining 30% by taking over…
Vancouver – Looking to make the most of their respective low-profile gold projects in the United States, Seabridge Gold (SEA-T) and Golden Predator (GPD-T) have teamed up to spin-out the properties into Wolfpack Gold.
Geomega Resources (GMA-V) set the pace for miners on the Venture Exchange on Wednesday. The company’s share price made the largest gain by percentage points, shooting up 24% or 65¢ to $3.35 on 209,000 shares traded.
Golden Predator’s (GPD-T) drive to become the Yukon’s leading explorer got a boost from results at its Grew Creek project in the central part of the territory. Assays were highlighted by one hole returning 46.7 metres grading 3.78 grams gold…
A faltering U.S. economic recovery, a potential economic cool down in China caused by inflationary pressures and a Greek debt crisis that simply refuses to go away have all translated into a tough start to the year for the junior resource…
Vancouver – Showing little sign of bucking its trajectory, the S&P TSX Venture Exchange Index closed down for another week with a 36.98 point fall, ending at 1,897.94 points in the June 13 – 17 period. The declines look to have kept some…
A high-grade intercept at the Seabee gold project in Saskatchewan lifted shares of Claude Resources (CRJ-T, CGR-X), on a day that the yellow metal itself was climbing high.
The two workers killed June 8 from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ont., had worked for the company for many years. Jason Chenier, 35, and Jordan Fram, 26, were working 900 metres underground near an ore…
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