McEwen back in Red Lake camp with Rubicon
Vancouver – Financier Rob McEwen is set to acquire a 35% stake in Rubicon Minerals (RMX-T, RBY-X), a move that tak…
Canada
Globex looks to confirm data from Lyndhurst No. 1 zone
Globex Mining Enterprises (GMX-T, GLBXF-O) has agreed to give a private company, Agregat R-N, a 50% working interest in its No. 1 copper-silica zone at the Lyndhurst mine property, near Rouyn-Noranda,…
Malartic drilling finds extensions (February 26, 2007)
Recent drilling by Osisko Exploration (OSK-V, OSXLF-O) on the Canadian Malartic gold deposit near Malartic, Que., has confirmed extensions to the known gold resource in two areas of the property.
Northern Star steps up exploration at Midway-Malartic
Northern Star Mining (NSM-V, NSMSF-O) will begin a 30,000-metre drill program at its Midway-Malartic gold project, 16 km west of Val-d’Or, Que. by the end of February.
Zinifex proposing Wolfden takeover
Australian zinc producer Zinifex (ZFX-A, ZFEXF-O) has put a cash offer of $3.90 per share on the table for Wolfden Resources (WLF-T, WLFFF-O) that values the Arctic base metal developer at about $345 …
Agnico-Eagle offers $710M for Cumberland
Agnico-Eagle Mines (AEM-T, AEM-N) plans to take on Canada’s North with its proposed takeover of Cumberland Resources (clg-t, clg-x).
Suppliers News (February 26, 2007)
No stopping Finning
Editor’s picks: top stories of the week (February 25, 2007)
In week notable for new record, nominal highs for uranium and nickel prices, it was organized labour action in the …
B.C. boosts tax credit for exploration in Beetle-kill zone
Vancouver British Columbia is using tax credits in a bid to spur mineral exploration spending in vast areas of th…
JNR, Denison active on Saskatchewan uranium results
Vancouver Drilling results from a uranium project in Saskatchewan sparked active trading in JNR Resources (JNN-V)…
Hinterland shares hot on uranium joint venture
Hinterland Metals (HMI-V) shares jumped more than 45% today to 30.5 on a volume of more than 4 million after the c…
Goldcorp sees higher 2007 production, costs.
Vancouver – Canadas second largest gold producer Goldcorp (G-T, GG-N), expects to produce 2.6 million oz. of the y…