New diamond discovery in Quebec finds rare purple stones
Dianor Resources (DOR-V) and its joint-venture partners Metalex Ventures (MTX-V) and Wemindji Exploration have co…
Canada
Hathor soars on wide, high-grade uranium at Midwest NE
Vancouver – With its stock surging in late-February after news of highly-anomalous uranium mineralized drill interc…
VMS rising on Reed Lake results
Vancouver – Strong drill results from the copper-zinc volcanogenic massive sulphide (VMS) discovery at Reed Lake in…
Sherritt marches to a different drummer
MOA BAY, CUBA — Sherritt International (S-T, SHERF-O) is a resource company built 80 years ago from the bricks of a Canadian nickel miner.
Staking continues apace in ‘Ring of Fire’
The Noront Resources (NOT-V, NOSOF-O) base metal discovery has spawned a staking rush in the swampy lowlands of northeastern Ontario, just southwest of James Bay. As of mid-February, juniors had stake…
Kodiak invigorates forgotten gold camp
SITE VISIT BEARDMORE, ONT. — Multi-ounce gold grades from Kodiak Exploration’s (KXL-V, KXLAF-O) Hercules project, located in the B e a rdmore – Geraldton greenstone belt of northwestern Ontario, have…
Richmont raises reserves (March 03, 2008)
While Richmont Mines (RIC-T, RIC-X) increased production only slightly in 2007, it raised gold reserves significantly, to 361,000 oz. gold from about 49,000 oz. the year before as a result of its expl…
Alexis set for Q2 startup at Lac Herbin
After a bulk sample, an updated resource and a revised feasibility study, Alexis Minerals (AMC-T, AXSMF-O) has decided to start commercial production at the Lac Herbin gold mine in Val d’Or, Que., by …
Potash One raising more funds for Legacy (March 03, 2008)
VANCOUVER — Little more than a month after closing an $11-million financing, Potash One (KCL-V, KCLOF-O)–which recently changed its name from ISX Resources — is going back to the market looking for…
New Horizons (March 03, 2008)
For centuries, some of the greatest scholars believed in alchemy — the ability to turn base metals into gold. While none ever succeeded, there are echoes of alchemy in today’s technological advances …
Noront find fuels deliberation
As consultants begin to piece together a limited but growing database of information about Noront Resources’ (NOT-V, NOSOF-O) Double Eagle project in northeastern Ontario, the discovery is looking les…
Creepy crawlers for Canada?
KENILWORTH, SOUTH AFRICA–The Canadian lake-based mining industry has strengthened its position in the global market in recent years with the establishment of several new large mines that have led to …