Barrick bids for junior energy company to mitigate oil costs
Barrick Gold (ABX-T, ABX-N) is hedging against soaring oil prices with an all-cash offer for Albertan oil and gas j…
Canada
Canadian Orebodies begins exploring McFaulds Lake
Canadian Orebodies (CO-V) has started early-stage exploration in the “Ring of Fire” in the McFaulds Lake area in the James Bay low- lands of northern Ontario. According to CEO Gordon McKinnon, the com…
Big resource boost at Detour Lake (July 14, 2008)
Detour Gold (DGC-T, DRGDF-O) has more than doubled measured and indicated resources at its Detour Lake project, in northern Ontario, to more than 10 million oz. gold.
Noront tallies Eagle One resource
VANCOUVER — Since the discovery hole at the Double Eagle property in northeast Ontario hit massive sulphide mineralization in September, Noront Resources (NOT-V) investors have been anxiously awaitin…
First Nickel on firmer ground with Lockerby
First Nickel (FNI-T, FNKLF-O)wants to put market questions around its Lockerby nickel mine, in Ontario’s Sudbury basin, to bed.
Editorial: Carbon taxes leave Canadians cold
The week ended July 5, the 27th trading week of 2008, saw two very bad ideas come to the fore in Canada.
Yukon Gold ups Marg resource
Vancouver – An updated resource estimate for the Marg deposit in the Yukon to inform a prefeasibility study already…
More moly next to Adanac’s proposed pit
Vancouver – Adanac Molybdenum’s (AUA-T) scored additional low-grade moly next to its permitted Ruby Creek open-pit …
Explor gets better grades on same hole
Explor Resources (EXS-V) had another look at drill core at its Eastford Lake property in northern Ontario and found…
Uracan proves it can find and follow uranium
Vancouver – With an initial resource estimate for its Quebec property and a new discovery in Saskatchewan, uranium …
Hathor continues to hum (July 09, 2008)
Hathor Exploration (HAT-V) wants to attract major interest in its Midwest NorthEast project in the Athabasca, and w…
Metanor Resources nets 25% more gold from bulk sample at Barry project
A bulk sample of more than 50,000 metric tons has yielded 25% more gold for Metanor Resources (MTO-V) than the co…