IOC ramps up investment in Labrador operations
Strong market demand, addressing operating bottlenecks and improving winter performance were the key drivers behind the Iron Ore Co. of Canada’s (IOC) decision earlier this month to pump $60 million i…
Canada
Tamerlane to revive Pine Point mine
Vancouver – Tamerlane Ventures (TAM-V) is poised to develop a new mine on the site of the most successful Canadian …
Detour Lake gold propects show promise
Vancouver – Detour Lake is showing promise for Detour Gold (DGC-T) and it’s JV-partner for part of the project, Tra…
Long copper-gold intersect for Candorado
Vancouver – At least one of Candorado Operatings (CDO-V) summer purchases is showing promise: the company hit a lo…
Sherwood marches Minto ahead
SITE VISIT Whitehorse, Yukon — It’s the first significant mine to start producing in the Yukon in 10 years. No wonder people here are excited about Sherwood Copper’s (SWC-V) Minto…
Toronto Stock Exchange August 7-13
The TSX Composite Index fell 137.79 points to 13,427.45 over the Aug. 7-13 trading period. And the Global Gold Index slipped 3.27 points to 275.35, while gold closed at US$668.75, down US$2.75.
Serengeti gauging Kwanika’s size
SITE VISIT Fort St. James, B.C. — Since drilling its “discovery hole” on the Kwanika copper-gold project earlier this year, Serengeti Resources (SIR-V, SGRNF-O) has produced several widely mineralized intercepts…
Xstrata sells portfolio to Pure Nickel
Pure Nickel (NIC-V, PNCKF-O) has closed its deal to buy Falconbridge’s portfolio of Canadian nickel exploration properties from Xstrata (XSRAF-O, XTA-L) for $15.25 million and 4 million warrants.
Casa Berardi hits Aurizon’s top line (August 20, 2007)
Revenues were up drastically at Aurizon Mines (ARZ-T, AZK-X)in the second quarter of 2007, thanks to the resumption of production at the Casa Berardi gold mine in northwestern Quebec.
Indicator Minerals scours Arctic for diamonds
When Bruce Counts, president and CEO of Indicator Minerals (IME-V, IMEEF-O), studied geology in university, his professors glossed over diamond exploration.
Mill working better at Lac des les (August 20, 2007)
Improved mill availability and throughput at the Lac des les mine in north-central Ontario allowed North American Palladium (PDL-T, PAL-X) to produce 16% more palladium in the second quarter of 2007 …
Anglo-Knight JV intersects more nickel (August 20, 2007)
Anglo American (AAUK-Q, AAL-L), drilling at the West Raglan nickel property in the Nunavik district of northern Quebec, has intersected more nickel mineralization on the property joint ventured with K…