First Gold to Earn in on Croinor
South-Malartic Exploration (MSU-V), its hands full with its Mexican projects, has dealt a right to a 50% interest in the Croinor gold project in northwestern Quebec to First Gold Exploration (EFG-V, F…
Canada
Zinifex Gets 95% of Wolfden
Zinifex (ZFEXF-O, ZFX-A) plans to make a compulsory acquisition of the remainder of Wolfden Resources (WLF-T, WLFFF-O), now that 95% of the shares have been tendered.
Teck Cominco Digs Oilsands
Vancouver — Since entering into its first oilsands investment in late 2005, Teck Cominco (TCK.B-T, TCK-N) seems to be developing a taste for the petroleum side of the resource industry. The Vancouver…
Statoil Moves Into Oilsands With NAOS Takeover
It’s the hollowing out of Canadian private equity: North American Oil Sands, owned by Paramount Resources (POU-T, PRMRF-O), the Ontario Teachers’ Pension Plan, and a number of energy funds, has agreed…
Martison phosphate estimate tabled
Joint venture partners PhosCan Chemical (FOS-V) and Baltic Resources (BLR-V) have published a new resource estimate…
Teck joins NovaGold to develop Galore Creek
NovaGold Resources (NG-T, NG-X) has struck a deal with Teck Cominco (TCK.B-T, TCK-N)to develop on a 50-50 basis the…
Norilsk ups the ante for LionOre
Moscow-based Norilsk Nickel (NILSY-O, MNODL-L) has proven itself undeterred by a high break fee and raised its bid …
Deep hole at Cedartree cuts gold
Drilling by Houston Lake Mining (HLM-V, HLKMF-O) at the West Cedartree gold project near Sioux Narrows, Ont., has i…
Toronto Stock Exchange May 8-14
The TSX Composite Index surged past the 14,000 mark during the trading period of May 8-14, finishing with a 37.7-point gain at 13,903.28 points.
Xstrata tops Norilsk’s bid for LionOre
Russia’s Norilsk Nickel (NILSY-O, MNODL-L) has until May 25 to outbid Xstrata (XSRAF-O, XTA-L) a second time in its attempt to take over LionOre Mining International (LIM-T, LMGGF-O).
Platinex wins in court
After a 16-month delay due to an ongoing legal dispute with a First Nations band, an Ontario Superior Court ruling will allow junior explorer Platinex (PTX-V) to resume drilling at its Big Trout Lake …
Denison posts loss in first quarter (May 21, 2007)
Higher operating costs left Denison Mines (DML-T, DNN-X) with a loss in the first quarter of 2007, despite high uranium prices.