Minotaur Exploration announces its first overseas expansion — to Nova Scotia
Dont look now but the Aussies are coming to Eastern Canada — again. Minotaur Exploration (MEP-A) announced to…
Canada
Brabant Lake looks strong for Manicouagan
Vancouver – The second phase of drilling at Manicouagan Mineral’s (MAM-V) Brabant Lake property is returning strong…
Barrick and Newmont rumours won’t die
Rumours of the worlds number one gold miner Barrick Gold (ABX-T, ABX-N) taking over the worlds number two Newmont…
Cartier makes silver discovery
News that Cartier Resources (ECR-V) hit a new mineralized zone at its flagship Kinojevis property in Quebec helped …
IOC ramps up investment in Labrador operations
Strong market demand, addressing operating bottlenecks and improving winter performance were the key drivers behind the Iron Ore Co. of Canada’s (IOC) decision earlier this month to pump $60 million i…
Tamerlane to revive Pine Point mine
Vancouver – Tamerlane Ventures (TAM-V) is poised to develop a new mine on the site of the most successful Canadian …
Detour Lake gold propects show promise
Vancouver – Detour Lake is showing promise for Detour Gold (DGC-T) and it’s JV-partner for part of the project, Tra…
Long copper-gold intersect for Candorado
Vancouver – At least one of Candorado Operatings (CDO-V) summer purchases is showing promise: the company hit a lo…
Sherwood marches Minto ahead
SITE VISIT Whitehorse, Yukon — It’s the first significant mine to start producing in the Yukon in 10 years. No wonder people here are excited about Sherwood Copper’s (SWC-V) Minto…
Toronto Stock Exchange August 7-13
The TSX Composite Index fell 137.79 points to 13,427.45 over the Aug. 7-13 trading period. And the Global Gold Index slipped 3.27 points to 275.35, while gold closed at US$668.75, down US$2.75.
Serengeti gauging Kwanika’s size
SITE VISIT Fort St. James, B.C. — Since drilling its “discovery hole” on the Kwanika copper-gold project earlier this year, Serengeti Resources (SIR-V, SGRNF-O) has produced several widely mineralized intercepts…
Xstrata sells portfolio to Pure Nickel
Pure Nickel (NIC-V, PNCKF-O) has closed its deal to buy Falconbridge’s portfolio of Canadian nickel exploration properties from Xstrata (XSRAF-O, XTA-L) for $15.25 million and 4 million warrants.