New Gold raises $375M
Vancouver — New Gold (NGD-T, NGD-X) has closed a $375.3-million financing, leaving the company with some $400 million in the bank to fund mine development at its New Afton copper-gold project in sout…
Canada
Dundee finds funds
Vancouver — Dundee Precious Metals (DPM-T, DPMLF-O) has $74 million in the bank after closing a bought-deal financing.
RPT cuts more uranium at Split Rapids (July 23, 2007)
Vancouver — Drilling by RPT Uranium (RPT-V, RMPVF-O) to test Archean iron formation rocks on its Split Rapids project, in northwestern Ontario’s Sibley basin, cut 6.5 metres of 0.22% U3O8.
First Nickel finally finishes feasibility at Premiere Ridge
After negotiating two extensions, First Nickel’s (FNI-T) feasibility study for the Premiere Ridge project outside of Sudbury, Ont., has at last been submitted to Xstrata (XTA-L, XSRAF-O).
Kakanda signs Otish deal
Shares in Kakanda Resources (KRC-V, KRCFF-O) rose 50% in one day on the company’s recent announcement of a change in focus to four new Otish basin uranium properties in Quebec.
New resource tally at Getty South (July 20, 2007)
Vancouver – Recently emerging from a prolonged round of litigation, Getty Copper (GTC-V, GTCDF-O) has tabled an upd…
Golden Chalice dives 20% on third Langmuir hole
Golden Chalice Resources (GCR-V) saw its stock plunge by 20% in morning trading after results released yesterday fr…
Cream rises on Manitoba nickel intercept (July 19, 2007)
Vancouver – Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property in northern Manitoba l…
Feds form panel to review foreign investment legislation
On the heels of London-based Rio Tinto’s (RIO-N, RIO-L) friendly takeover bid for Montreal-based Alcan (AL-T, AL-N)…
Metco one study closer to production
A prefeasiblity study for Metco Resources (MKO-V) Caber and Caber North zinc-copper deposit in Matagami, Quebec, f…
Mill working better at Lac des les (July 18, 2007)
Improved mill availability and throughput at the Lac des les mine in north-central Ontario allowed North American …
Sultan cuts more moly at Jersey-Emerald
Vancouver – Sultan Minerals’ (SUL-V, SLMLF-O) underground drill effort at its Jersey-Emerald project located near S…