Canada

Nunavut gold find leaves Prosperity investors wanting more

Prosperity Goldfields (PPG-V) has drilled 157.6 metres of 1.7 grams gold per tonne at its main Kiyuk gold project in southern Nunavut, including a higher-grade section of 30.5 metres grading 4.9 grams gold. The results are from the company’s…


Lawrence Roulston’s top stock picks

“There is a huge amount of uncertainty in the financial markets right now,” says Lawrence Roulston, a geologist and the editor of the newsletter Resource Opportunities, at the recent Cambridge show in Toronto. “There is so much negativity with…


TerraX up 26% on assay-less Newfoundland drilling update

TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in the Burin Peninsula of Newfoundland. Shares of the company climbed 8¢ or 26% on the news, closing at…


Difficulties of mining in Africa

Mining companies looking to do business in an African country need to be aware of the complexities they will likely face, from securing debt financing to political risks to complying with local anti-bribery laws.


Takeover bid for Hathor turns nasty

Cameco Corp.’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-V) turned uglier today when the uranium producer slammed the credibility of the junior’s preliminary economic assessment of its Roughrider deposit in northern…


Venture slips in shortened Sept. 6-9 period

Vancouver – The oscillations on the S&P/TSX Venture Composite Index continued in the shortened September 6 to 9 period, this time dropping 25.26 points to end at 1,785.10 points. Volume edged up again, averaging 79.2 million shares traded…


Cutting the ribbon at Copper Mountain, starting second from left: Consul General of Japan Hideki Ito; Mitsubishi Materials president and CEO Hiroshi Yao; and Copper Mountain Mining president and CEO Jim O'Rourke. Photo by Ian Bickis

Copper Mountain opening marks new era in BC mining

With the simple snip of a copper-tinged ribbon, Copper Mountain Mining (CUM-T) CEO Jim O’Rourke, Mitsubishi Materials CEO Hiroshi Yao and Consul General of Japan Hideki Ito officially opened B.C.’s first major metals mine of the twenty-first…


Trucks at Agnico-Eagle Mines' Meadowbank gold mine in Nunavut. Photo by Salma Tarikh

Agnico’s two pearls in Nunavut

It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (AEM-T, AEM-N), but one that holds much promise. 


An aerial view of a drill rig at Victory Nickel's Minago nickel project in Manitoba. Photo by Victory Nickel

Victory to build Minago nickel mine

After spending years proving up one of Canada’s largest undeveloped nickel-sulphide deposits, Victory Nickel (NI-T) has cleared the final regulatory hurdle to build a mine at its Minago project in northern Manitoba’s Thompson nickel belt.


An aircraft on an ice strip at Mountain Province Diamonds' Gahcho Ku diamond project in the Northwest Territories. Photo by Mountain Province diamonds

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 Kué diamond project in Canada’s Northwest Territories.  




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