Queenston Refuels With $18M Financing
Queenston Mining (QMI-T, QNMNF-O) has big spending plans for the Kirkland Lake gold camp, in northwestern Ontario, where it’s developing four gold deposits.
Canada
Peregrine Picks Up Land Surrounding Chidliak
Peregrine Diamonds (PGD-T, PGDIF-O) is more than doubling its prospecting rights on Baffin Island, Canada’s newest diamond district.
Beleagured Teck Posts $607M Net Loss In Q4
VANCOUVER — Don Lindsay, the president and CEO of Teck (TCK. B-T, TCK-N), addressed the company’s heavy debt load and burgeoning fourth-quarter net loss in a conference call with investors on Feb 17.
Abacus Tallies Growing Copper-Gold Resource At Ajax
VANCOUVER– It was an old box of forgotten data in the back of a mill building that changed everything for Abacus Mining & Exploration (AME-V, ABCFF-O). Now, three and a half years after finding t…
China Inc. Steps Up Foreign Acquisitions
China’s state-owned companies are ratcheting up their acquisitions of struggling mining companies that have been hit by the financial crisis and poor metal prices.
Assay Lab ‘Oops’: Northern Freegold Hits Bonanza-Grade
VANCOUVER — Northern Freegold (NFR-V, NFRGF-O) CEO Bill Harris and president Susan Craig suspected the assay results of a drill intercept from the Nucleus zone of its Freegold Mountain property in th…
Boardroom Friction Heats Up For Polar Star
The war being waged in the boardroom of Polar Star Mining (PSR-V, POSRF-O) just got uglier.
Getting To The Ring Of Fire
Despite the industry slump, exploration in the McFaulds Lake area of northern Ontario continues apace as Noront Resources (NOT-V, NOSOF-O) and other explorers drill off deposits they hope will add up …
Temex gets little praise for solid results
Temex Resources (TME-V) continues to get solid intersects from drilling at the Hallnor mine block at its Whitney To…
Breakwater Resources struggles to stay above water
Breakwater Resources (BWR-T) posted a net loss of C$88.3 million or C$0.20 per share in 2008 compared with net earn…
Richmont shows the way in tough times
While other junior miners continue to be under-cut by economic uncertainty, Richmont Mines’ (RIC-T, RIC-N) fourth q…
Hawk Uranium terminates interest in joint venture with Noront
Disappointing exploration results in the “Ring of Fire” McFauld’s Lake area of northern Ontario have forced Hawk Ur…