Rio Tinto Woos Chinese
The week ended Jan. 31, the fourth trading week of 2009, was rife with speculation over Rio Tinto’s future, and just what the debt-crippled giant might hand over to its deep-pocketed 9% shareholder, s…
Canada
B2Gold Swoops In On Central Sun
VANCOUVER — With only hours to go before a 5 p. m. deadline on Jan. 30, Linear Gold (LRR-T, LGCFF-O) dropped its bid for Central Sun Mining (CSM-T, SMC-N) instead of topping B2Gold’s (BTO-T, BGLPF-O)…
Sacked CEO fights to replace Polar Star board
Ex-Polar Star Mining (PSR-V) president and CEO, Douglas Willock, is rallying shareholders to help him replace the c…
Claude finds more high-grade at Seabee Deeps
Vancouver – Claude Resources (CRJ-T) is being rewarded for its effort to find new mineralization to feed its Seabee…
Comaplex’s Meliadine gold project gets scoping study go-ahead
Vancouver – After 20 years of work in Canada’s north, Comaplex Minerals (CMF-T) has a positive scoping study in han…
Gold Hawk restructures debt
Shares of Gold Hawk Resources (CGK-V) bounced 75% today on news the junior had restructured its debt in the nick of…
Century Mining to sell $66 million gold-based financing
Century Mining (CMM-V) has joined a growing group of mining companies that are trying to weather the financial stor…
Velocity Finding New Moly In Cassiar
VANCOUVER–The historic northern British Columbia mining town of Cassiar has a new resident: another junior exploration company searching out new riches in an old stomping ground.
Correction (February 02, 2009)
Bard Ventures’ (CBS-V, BVTLF-O) Lone Pine project, 15 km northwest of Houston, B. C., has a measured and indicated resource of 110.3 million tonnes grading 0.083% molybdenum, totalling 201.7 million l…
Solid Prefeasibility For Golden Band’s La Ronge
VANCOUVER — Golden Band Resources (GBN-V, GBRIF-O) has taken another step towards production with a positive prefeasibility study for its La Ronge gold project in northern Saskatchewan.
StrataGold Ups Dublin Gulch Resource
VANCOUVER–A new resource estimate for StrataGold’s (SGV-T, SAGDF-O) Dublin Gulch project in the Yukon has added 700,000 oz. gold to the indicated count.
Merger Cash To Help Potash One Advance Legacy
As many juniors deliberate over doing financings amidst the market turmoil, Potash One (KCL-T, KCLOF-O) president and CEO Paul Matysek is getting ready to coast through the next year once his company …