Patricia management likes Richmont offer
Richmont Mines (RIC-T, RIC-N) has launched a bid for Toronto-based Patricia Mining (PAT-V) to the chagrin of many a…
Canada
Breakwater closes two zinc mines
Breakwater Resources (BWR-T) has decided to suspend operations at its Langlois mine 200 km north of Val d’Or Que….
Cliffs to curtail iron ore production at two Minnesota mines
Declining demand for steel has prompted major iron ore producer, Cliffs Natural Resources (CLF-N), to stop producti…
Noront, Rosseau agree on compromise board
A day before Noront Resources’ (NOT-V) annual shareholders’ meeting — where a dramatic proxy contest was set to de…
Noront CEO speaks out
In the midst of a proxy fight with a dissident shareholder, Noront Resources (NOT-V, NOSOF-o) has fired back with a positive scoping study for development of its Eagle One copper-nickel-platinum group…
New Nadina sees Monumental potential in Lac de Gras
SITE VISIT Lac DE Gras, Northwest Territories — It’s commonly said that the best place to look for an economic deposit is beside a mine. Well, New Nadina Explorations (NNA-V,…
Azimut on Ungava uranium hunt (October 27, 2008)
One thing you can’t say about Jean- Marc Lulin, president and CEO of Azimut Exploration (AZM-V, AZMTF-o), is that he thinks small. Under Lulin’s leadership, Azimut has become likely the largest claim …
Discovering Yukon’s Underworld (October 27, 2008)
Underworld Resources (UW-V, UNDWF-o) recently released promising results from three drill holes at its White Gold property, in the Yukon.
Agnico-Eagle on track with Meadowbank for 2010 (October 27, 2008)
Gold-bearing Archean greenstone belts were first discovered in the Baker Lake area of what is now Nunavut in the 1980s. Fast-forward 28 years and Agnico-Eagle Mines (AEM-T, AEM-n) is in the midst of b…
Blue Note to close Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-o) is the latest miner to join the care and maintenance club after less than a year of commercial production at its Caribou and Restigouche zinc-lead mines in Bathurst, N…
Plunging PGM prices force Lac des les shutdown
A dramatic drop in platinum and palladium prices has forced North American Palladium (PDL-T, PAL-x) to temporarily shut down its Lac des les mine, near Thunder Bay, Ont., which has been operating bel…
Houston Lake digs Kenora
SITE VISIT Kenora, ONT. — The rolling hills and quiet lakes outside of Kenora, Ont., offer up many an idyllic Canadian panorama. The casual Sunday driver would be forgiven for…