Northern Energy & Mining will reduce stake in Peace River Coal
NEMI Northern Energy & Mining (NNEa-T) is in a relatively strong financial position with working capital of C$9.7 m…
Canada
TNM’s 2007 mining persons of the year: Agnico-Eagle’s Boyd and Scherkus
No company better embodies the spirit of Canada’s plucky gold mining sector today than Toronto-based Agnico-Eagle M…
Sanatana jumps on kimberlite results (December 24, 2007)
Vancouver — The first results from Sanatana Diamonds’ (STA-V) Dharma kimberlite pipe in the Northwest Territories sparked a storm of trading in the usually quiet junior, boosting its share price 416%…
Editorial: BHP Billiton pitches mega-bid
After a furious few months of mergers-and-acquisitions activity, the mining industry stopped to catch its breath during the week ended Dec. 15, the fiftieth trading week of 2007.
Mine life, costs grow at Hard Creek’s Turnagain
Vancouver — An updated preliminary assessment for Hard Creek Nickel’s (HNC-V, HNCKF-O) Turnagain nickel deposit in northern British Columbia points to the economic potential of an open-pit operation …
Western Cdn Coal lines up $40M
Vancouver — In urgent need of dollars, Western Canadian Coal (WTN-T, WTN-L) has completed a $40-million financing to avert a cash crunch following its recent quarterly loss of almost $44 million.
Good gold grades from Northgate’s Young-Davidson (December 21, 2007)
Vancouver – As if to offset its setback at Kemess North, Northgate Minerals (NGX-V) is pulling strong gold grades o…
Knight intersects 2.72% nickel over 7.3 metres at West Raglan
Knight Resources (KNP-V) reported the final 11 holes from its 2007 drill program today from its West Raglan nickel …
Acadian reports assay results from Getty deposit
Initial assay results from Acadian Mining’s (ADA-T, ADAIF-O) Getty zinc-lead deposit indicate there’s good potentia…
Wallbridge finds mineralization in an unassuming place
In an original move for a junior Wallbridge Mining (WM-T) went looking for mineralization in chlorine and came up a…
Goldcliff uncovers Bonanza trench at Panorama Ridge (December 18, 2007)
Vancouver – High-grade trenching results from the Panorama Ridge property in southwestern B.C. pushed Goldcliff Res…
Eaglehead results disappoint Carmax speculators (December 17, 2007)
Vancouver – The first assays from Carmax Explorations’ (CMX-V) 2007 drill program on its B.C. Eaglehead property di…