Western Cdn Coal lines up $40M
Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.
Canada
Good gold grades from Northgate’s Young-Davidson (December 21, 2007)
Vancouver – As if to offset its setback at Kemess North, Northgate Minerals (NGX-V) is pulling strong gold grades o…
Knight intersects 2.72% nickel over 7.3 metres at West Raglan
Knight Resources (KNP-V) reported the final 11 holes from its 2007 drill program today from its West Raglan nickel …
Acadian reports assay results from Getty deposit
Initial assay results from Acadian Mining’s (ADA-T, ADAIF-O) Getty zinc-lead deposit indicate there’s good potentia…
Wallbridge finds mineralization in an unassuming place
In an original move for a junior Wallbridge Mining (WM-T) went looking for mineralization in chlorine and came up a…
Goldcliff uncovers Bonanza trench at Panorama Ridge (December 18, 2007)
Vancouver – High-grade trenching results from the Panorama Ridge property in southwestern B.C. pushed Goldcliff Res…
Eaglehead results disappoint Carmax speculators (December 17, 2007)
Vancouver – The first assays from Carmax Explorations’ (CMX-V) 2007 drill program on its B.C. Eaglehead property di…
Laramide preparing for gold spin-off
Back in April Laramide Resources (LAM-T) announced it would spin-off its non-uranium assets into a company only k…
Western Canadian Coal embarks on strategic review
After enduring a net loss of $43.9 million in the second quarter of 2008, Western Canadian Coal (WTN-T, WTN-L) is l…
Toronto Stock Exchange Dec. 4-10
As global equity markets rallied on signs of resilience from the United States, the TSX Composite Index continued its upward momentum during the Dec. 4-10 trading period, with a 2.1% increase from the…
Xstrata boosts Raglan resource (December 17, 2007)
Exploration efforts by Xstrata (XSRAF-O, XTA-L) at its Raglan nickel mine in northernmost Quebec have paid off with a substantial resource boost for the mine’s Zone 5-8, which the company describes as…
Alexis prepares Lac Pelletier for bulk sample
Alexis Minerals (AMC-T, AXSMF-O) is steering its Lac Pelletier gold project near Rouyn-Noranda, Que., towards a production decision, but first the company is getting the mine and the property ready fo…