Golden Minerals, ECU to hook up
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.
Canada
Young-Davidson mine becoming a reality for Northgate
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 gets a lift from Taylor
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.
Premier Gold takes out Hardrock JV partner
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…
Seabridge, Golden Predator to spin-out US properties into new company
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 jumps on drill results
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.
Yukon gold for Golden Predator
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…
Market downturn hits juniors looking for capital
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…
Venture Exchange down again
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…
High grades lift Claude
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.
Two workers killed at Vale’s Stobie mine in Sudbury
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…
Exploration heats up in White Gold district
As the Yukon emerges from the spring melt, investors are once again looking to the territory for exciting news after a winter lull.