Rule change for TSX companies; no more ‘jamming the deal through’
The Toronto Stock Exchange will soon force companies to hold a shareholder vote for any acquisition that dilut…
Canada
Timmins Gold Mine’s Long Road To Production
The Timmins West gold camp in Ontario has gotten a second life. High-grade gold in drill results from Lake Shore Gold (LSG-T, LSGGF-O) and a US$1,000-per-oz. gold price have started an area play with many junior companies staking and exploring…
Cogitore Looks Deeper At Scott Lake
SITE VISIT CHIBOUGAMAU, QUE. — Gérald Riverin can hardly contain himself as he stands next to the marker for drill hole no. 34 at Cogitore Resources’ (WOO-V, CGORF-O) Scott Lake project, 20 km west of Chibougamau, Que., one warm and…
Ontario, Quebec Still Golden
DENVER, COLO., — If you think exploring for gold in Ontario and Quebec is a yawn, think again. GFMS has just released a World Gold Analyst report on the two neighbouring Canadian provinces showing ju…
Peregrine Shares Rocket On Latest Diamond Results At Chidliak
Peregrine Diamonds’ (PGD-T, PGDIF-O) stock surged 108% or 96¢ a share to close at $1.85 with 8.2 million shares trading hands on news that it had recovered large diamonds from drill core at the C…
BC’s NW Power Line A Go
Easily the biggest development in the Canadian mining scene during the week was news of federal money being shovelled into electrifying British Columbia’s remote northwest.
Big Red Diamond stakes rare earth claims in Quebec
Big Red Diamond Corp. (DIA-V) has acquired a 100% interest in 88 claims over a 4,712-hectare area about 52 km …
Osisko gets final funding for Canadian Malartic
Vancouver – With another major financing agreement signed, Osisko Mining (OSK-T) has all the funds it needs to…
Sabina Silver hits Hackett River extensions
Vancouver – Drilling to expand the known mineralization and test new zones at the polymetallic Hackett River d…
Yorbeau hits deep high-grade at Rouyn
Diamond drilling at the Cinderella East zone at its Rouyn property in Quebec is delivering deep, high-grade go…
Northgate raises money for Young-Davidson
Vancouver – A $100-million-bought-deal financing will pull in about a third of funds needed to match estimated…
Juniors continue to rush into Timmins area
Staking ground in the Destor-Porcupine Fault area near Timmins has become the latest Holy Grail in the junior …