Western Canadian Coal posts $13-million loss for 2007
Vancouver – A year ago Western Canadian Coal (WTN-T, WTN-L) was starting up its new Wolverine coal mine in northeas…
Canada
Editorial: Argentina’s fickle provinces confound miners
The biggest disappointment — if not surprise — for the week ended June 23, the 25th trading week of 2007, came from the government of Argentina’s Mendoza province, which banned the use of chemicals …
Eagle Plains, Teck Cominco partner in the NWT
Vancouver — Thinking two heads are better than one, Eagle Plains Resources (EPL-V, EGPLF-O) and Teck Cominco (tck.b-t, tck-n) are partnering to explore for base metals in the Mackenzie Mountain area …
Fort Hills oilsands trio initiates design plan
Vancouver – Partners in the Fort Hills Oilsands project, located in northern Alberta’s Athabasca region and about 9…
New Gold closes $375-million financing
Vancouver – New Gold (NGD-T, NGD-X) has closed a $375.3 million financing, leaving the company with some $400 milli…
Goldcorp grows reserves at Peasquito
Vancouver – Goldcorp (G-T, GG-N) has delivered a significant reserve boost for its Peasquito gold-silver deposit, …
Updated estimate ups resources at Kutcho
Vancouver – The latest resource estimate for Western Keltics Kutcho project in northcentral B.C. is in, boosting t…
Cusac nabs Taurus
Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) is consolidating its grip on the historic Cassiar mining region of B.C. with the purchase of American Bonanza Gold’s (BZA-T, ABGFF-O) Taurus gold project…
GLR funds Goldfields
A final feasibility study on the Goldfields gold project near Uranium City, Sask., indicates an open-pit mine and mill would be economic.
Sage rallies on nickel numbers (June 25, 2007)
Vancouver — Junior explorer Sage Gold (SGX-V, SGGDF-O), a dime stock, saw its value double on over 21 million shares traded in less than four hours recently, after the company announced strong drill …
Trigon selling diamond assets to Diamondex (June 25, 2007)
Vancouver — Solidifying a recent move towards uranium and away from gems, Trigon Uranium (TEL-V, TELWF-O) has inked a deal to sell its diamond exploration portfolio to Diamondex Resources (DSP-V, DMD…
Editorial: Good news coming for Crystallex?
We’ve almost become accustomed to earth-shaking news in the mining sector popping up on our monitors every few days, so the busy but unspectacular week ended June 16, the twenty-fourth trading week of…