East Energy Corp acquires Alberta coal property
East Energy Corp (EEC-V) is acquiring 100% of the Hinton coal property in the foothills of central Alberta, about 3…
Canada
Avanti Mining buys past-producing Kitsault moly mine
The current bull market in mining has been characterized by the redevelopment of many dormant deposits which were m…
Liberty plans scoping study for Hart deposit
Liberty Mines (LBE-T) has released the first resource estimate for its Hart nickel project near Timmins, Ont. which…
Breaking up the board
Genco Resources’ (GGC-T, GNCC-O) largest shareholder and former director wants to overthrow three of seven company directors in a proxy vote on June 26, claiming that they are overpaid and putting the…
Golden Band set to update Birch Crossing estimate (June 23, 2008)
VANCOUVER — Stepping-out and digging deeper, this winter Golden Band Resources (GBN-V, GBRIF-O) punched 11 more holes into the ground at Birch Crossing, one of 10 properties it owns as part of a 750-…
First Metals moves on Magusi
First Metals (FMA-T, FSTMF-O) has received permission to develop an underground access ramp to extract a 50,000-tonne bulk sample from its Magusi River zinc-coppergold-silver deposit near Rouyn-Norand…
Raytec shares surge over potash
VANCOUVER — With potash fever continuing unabated, news of a potash resource estimate recently catapulted Raytec Metals’ (RAY-V, RAYMF-O) share price up 128%.
Nova Scotia revisits uranium moratorium (June 23, 2008)
Nova Scotia’s 26-year-old ban on uranium mining will soon be up for debate, and could be lifted under certain conditions, says the province’s minister of Natural Resources, David Morse.
Gold Wheaton: Dream team, dream concept
When the team behind Gold Wheaton first approached David Cohen about the idea of mimicking the wildly successful business model of Silver Wheaton (SLW-T, SLW-N), the former chief executive of Northern…
First hole golden for Northern Freegold (June 23, 2008)
VANCOUVER — The first hole of the summer season into Northern Freegold Resources’ (NFR-V, NFRGF-O) Freegold Mountain project in the Yukon has returned a stunning gold result that has the company’s ma…
Detour Gold continues to climb
VANCOUVER — Good gold grades continue to pour out of Detour Gold’s (DGC-T, DRGDF-O) Detour Lake project in northeastern Ontario’s Abitibi greenstone belt and its share price keeps on climbing.
Investors ask: Got potash?
The week ended June 14, the 24th trading week of 2008, revealed a new twist to the commodities boom, as a few scarce potash juniors became investor favourites, what with the quadrupling of potash pric…