Creston And Tenajon Join Forces
VANCOUVER — A proposed merger of Creston Moly (CMS-V) and Tenajon Resources (TJS-V, TJSAF-O) is set to create a molybdenum development company with a strong pipeline of projects.
Canada
Big Iron’s Gamesmanship
The tectonic shift in the iron ore business dominated headlines during the 22nd trading week of the year, as Rio Tinto ripped up its US$19.5-billion proposed financing with Chinalco and struck a new d…
Mexican Businessman Buying As Much As 55% Of Copper Fox
VANCOUVER — A Mexican tomato tycoon, Ernesto Echavarria, who calls himself a risk-taker, is coming to the rescue of Copper Fox Metals (CUU-V, CPFXF-O) with a much-needed $6-million financing that cou…
Sage Gold Scooping Up Puma
An all-share merger between Geraldton-Beardmore explorer Sage Gold (SGX-V, SGGDF-O) and Consolidated Puma Minerals (CPW-V, CPMAF-O) will leave Sage with an extra $3.5 million in its coffers and the fl…
Cozamin Reserves And Mine Life Grow For Capstone
VANCOUVER — May was a busy month for Capstone Mining (CS-T, CSFFF-O) and on the first of June investors took note, lifting the company’s share price almost 10% on news of a new reserve estimate and m…
More high grade for San Gold
Vancouver – Drills keep hitting high-grade gold in new zones near San Gold’s (SGR-V) producing Rice Lake mine in …
Grey Fox drilling gets off to a good start
The first drill program at Apollo Gold’s (APG-T) Grey Fox property near Timmins, Ont. returned some high-grade go…
Underworld gains on deep silver-gold
Vancouver – A gold-silver intercept over 400 metres down-hole propelled Underworld Resources’ (UW-V) share price up…
Iamgold’s Niobec to see US$47M expansion
Iamgold’s (IMG-T, IAG-N) board has given the green light to a major expansion of the company’s wholly owned Niobe…
Noront Expands Eagle One With Polymetallic Finds
SITE VISIT MCFAULD’S LAKE, ONT. — The story of the Ring of Fire, one of the hottest exploration camps in Canada, started in August 2007, when Noront Resources (NOT-V, NOSOF-O)…
Updated Resource For Gahcho Ku
The Gahcho Ku diamond deposit, in Canada’s Northwest Territories, has an indicated resource of 50.5 million carats and an inferred resource of 10.3 million carats, Mountain Province Diamonds (MPV-T, …
EDC: Positive Signs For Canadian Exporters
In 2008, Export Development Canada (EDC) undertook the most business in its corporate history, and the business we facilitated helped support well over half a million jobs in Canada.