Crosshair To Merge With Target
One uranium junior lacked cash and the other a worthwhile project, but they both had the same chief executive and an overlap of directors, making a merger the obvious choice, says Mark Morabito, presi…
Canada
Shore Gold Pushes Ahead With Reduced Budget
VANCOUVER–Canadian diamond explorer Shore Gold (SGF-T, SHGDF-O) is planning to spend a pared-down $18 million on its Saskatchewan diamond projects this year, focused on preparing a prefeasibility stu…
Premier Gets Into Gear For The New Year
While Premier Gold Mines (PG-T, PIRGF-O) is making a name for itself through its three projects in northwestern Ontario, it isn’t too busy to prove up a site in northwestern Mexico, too.
OSC gives HudBay shareholders the vote
The Ontario Securities Commission (OSC) has taken a firm stand on the side of shareholder’s rights.
Rio Tinto cuts more aluminum output
Rio Tinto’s (RTP-n, RIO-L) aluminium unit, Alcan, is permanently closing its Beauharnois smelter in Quebec by the…
Potash One gets cashed up for ’09
As many juniors deliberate over doing financings amidst the market turmoil, Potash One (KCL-T) president and CEO Pa…
Positive pre-feasibility for Golden Band’s La Ronge
Vancouver – Golden Band Resources (GBN-V) has taken another step towards production with a positive pre-feasib…
Bank of Canada drops overnight rate to 1%
The Bank of Canada today lowered its overnight rate target by half a percentage point to an all-time record low of …
Ring of Fire strong in silver and zinc too
Since 2007 when Noront Resources (NOT-V) discovered a high-grade nickel-copper-platinum-palladium deposit in the Ja…
More gold for Osisko
With a feasibility study and a 6.3 million oz. reserve already done on its main orebody Osisko Mining (OSK-T) wants…
Regent takes reins at Barrick
It is not every day that the world’s largest gold company changes leaders at the helm, but such a rare day occurr…
Woodjam Shaping Up For Fjordland And Cariboo
VANCOUVER — Drill intercepts showing long intervals with consistent grades of copper, molybdenum and gold on the Woodjam property, 50 km east of Williams Lake, B. C., buoyed the share prices of 60/40…