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…
Canada
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…
Comaplex adds ounces at Meliadine West
VANCOUVER–An updated resource estimate for Comaplex Minerals’ (CMF-T, CXMLF-O) gold deposits in Nunavut recently had the company’s stock trading near its 52-week high.
De Beers takes US$965-million hit for Snap Lake
Capital cost overruns at De Beers’ Snap Lake diamond mine in the Northwest Territories forced the company to take a…
Roca rallies on Max underground drilling
Vancouver – Underground drilling by Roca Mines (ROK-V, ROCAF-O) at its Max molybdenum mine, located 60 km southeast…
Is coal the new gold? (February 08, 2008)
UBS and Citigroup have raised their price forecasts for thermal and coking coal for the coming two years and it’s n…
New Bonanza resource estimate in Red Lake lifts Premier’s stock
A new National Instrument 43-101 resource estimate for the Rahill-Bonanza property in Red Lake, has pleased joint-v…
Strateco finds new uranium zone at Matoush
Strong uranium grades are leading Strateco Resources (RSC-T, SRSIF-O, RF9-F) to the north side of a new mineralized…
Majescor rallies on Otish uranium intercept (February 05, 2008)
Vancouver – Step-out drilling by Majescor Resources (MAJ-V) on the Lac Mantouchiche showing at its Mistassini urani…
Redcorp inks Tulsequah offtake and credit MOU
Vancouver – Aspiring base metals producer Redcorp Ventures (RDV-T, RDFVF-O) has lined up Swiss-firm MRI Trading to …