KL Gold, Queenston lock up more of Kirkland Lake camp
Queenston Mining (QMI-T, QNMNF-O) and Kirkland Lake Gold (KGI-T, KGI-L) are teaming up again in the Kirkland Lake gold camp of northeastern Ontario.
Canada
Teck Cominco posts $360M Q1 profit
Vancouver — Teck Cominco (TCK.B-T, TCK-N) posted 2007 first-quarter earnings of $360 million ($1.67 per share) on operational revenue of $1.34 billion, compared with $448 million ($2.19 per share) on…
Largo up on moly-tungsten resource
With a new inferred resource of 508 million lbs. tungsten and 151 million lbs. molybdenum, Largo Resources (LGO-V, LGORF-O) has added its Northern Dancer deposit, in the Yukon, to the list of world-cl…
Dianor bags a big one at last (April 30, 2007)
Dianor Resources (DOR-V, RSDNF-O) has had no trouble finding small diamonds just about everywhere it looks at its massive Leadbetter deposit, 12 km northeast of Wawa, Ont., and can now celebrate the d…
Ursa Major gets bulk sampling approval
Ursa Major Minerals (UMJ-V, UMJMF-O) has received provincial approval for a bulk-sampling program at its Shakespeare nickel-copper project west of Sudbury, Ont.
Benton gets PGM exploration boost (April 30, 2007)
Stillwater Mining (SWC-N) has agreed to pump $1.6 million into Benton Resources’ (BTC-V) Goodchild nickel-copper-platinum group metal project north of Marathon, Ont., giving Stillwater the option to e…
Commerce green plan good for prefeasibility
Commerce Resources (CCE-V, CMRZF-O) shares jumped 55% recently on news that the company is taking action to get environmental approval for its Upper Fir tantalum-niobium project near Blue River, B.C.
Marathon options Gossan’s Bird River (April 30, 2007)
Marathon PGM (MAR-T, MRPGF-O) has struck an option agreement to acquire up to a 70% interest in Gossan Resources’ (GSS-V, GSSRF-O) Bird River platinum group metals (PGM) project in southeastern Manito…
Wesdome, WQM ponder merger
Toronto-based sister companies Wesdome Gold Mines (WDO-T, WDOFF-O) and Western Quebec Mines (WQM-T) say they are “exploring the possibility” of merging, but have the support of both boards of director…
Lac Pelletier’s gold looks good to Alexis
A scoping study of Alexis Minerals’ (AMC-V, AXSMF-O) Lac Pelletier gold project, located 4 km southwest of Rouyn-Noranda, Que., concludes that a mine could be brought into production within a year and…
More macros for Diamonds North (April 30, 2007)
Vancouver — Diamonds North Resources’ (DDN-V, DDNFF-O) Char kimberlite, on its Amaruk property in the Pelly Bay diamond district of Nunavut, has yielded 178 diamonds from a 159.35-kg sample, includin…
Kenrich-Eskay tallies Double Ed copper
Vancouver — Kenrich-Eskay Mining (KRE-V, KREKF-O) has delivered a modest resource estimate for the Double Ed deposit on its 50%-owned Coastal Copper project, located in the Anyox mining district in n…