HudBay pays Callinan $2.4 million
HudBay Minerals (HBM-T, HBMFF-O) has cut a $2.4-million cheque to Callinan Mines (CAA-V, CCNMF-O) this month as pa…
Canada
Merger plans for Gryphon Gold, American Bonanza
Gryphon Gold (GGN-T, GYPH-O) and American Bonanza Gold (BZA-T, ABGFF-O) have tabled plans to merge. A letter of int…
Independent Nickel changes Lynn Lake drill focus
Independent Nickel (INI-T) has intersected higher than expected nickel grades within its existing resource model at…
Alberta Star upbeat on Contact Lake (February 11, 2008)
Grab samples from its Contact Lake property on the south side of Echo Bay in the Northwest Territories appear to le…
HudBay marks 80th birthday with $1M donation
HudBay Minerals
Maximus confirms gold and silver-rich zone at Hope Bay
Results from its 2007 drilling program in the Hope Bay gold belt of Nunavut have yielded significant gold and silver values for Maximus Ventures (MXV-V, MXVEF-O).
Noront buoyed by high-grade
VANCOUVER–Noront Resources (NOT-V, NOSOF-O) posted a 20% gain in recent trading on drill results the company says are its highest grade to date from the Double Eagle project, in northeastern Ontario.
Columbia Yukon’s Storie keeps growing (February 11, 2008)
VANCOUVER — The more Columbia Yukon Explorations (CYU-V, CYUXF-O) drills its Storie deposit, in northern B.C., the more molybdenum it finds. Results from a 76-hole drill campaign late last year inclu…
Golden Goose plans resource upgrade
As Golden Goose Resources (GGR-V, GOOSF-O) gets its 2008 drill season under way at the Lac Levac nickel project in Quebec, the company is collecting the final assays from a 7,150-metre program complet…
Good gold grades from Northgate’s Young-Davidson (February 11, 2008)
VANCOUVER–As if to offset its setback at its Kemess North copper-gold project in B.C., Northgate Minerals (NGX-T, NXG-X) is pulling strong gold grades out of its Young- Davidson project in Ontario.
First Nickel boosts Lockerby resource 289%
Since buying its Lockerby mine near Sudbury, Ont., less than three years ago, First Nickel (FNI-T, FNKLF-O) has boosted indicated resources at the mine more than tenfold, according to a new resource e…
Goldcorp sells Silver Wheaton stake for $1.57B (February 11, 2008)
Goldcorp (G-T, GG-N), one of the world’s biggest gold miners, has found buyers for its entire 48% stake in the unique pure silver play, Silver Wheaton (SLW-T, SLW-N), leaving the company with a windfa…