Canada

WPC aims to bring Lupin back online

Source: Daily News | 2015-04-24
WPC Resources (TSXV:WPQ) — soon to be named Lupin Gold Corp. — plans to bring the past-producing Lupin gold mine online, while also advancing the nearby Ulu gold property.

Yamana expands Canadian footprint via $17.5M Mega Precious bid

Source: Daily News | 2015-04-24
VANCOUVER — Producer Yamana Gold (TSX: YRI; NYSE: AUY) is hoping to further expand its presence in Canada with a $17.5-million cash-and-shares agreement for explorer Mega Precious Metals (TSXV: MGP) and its 338-sq.km Monument Bay...

Federal budget 2015 offers up a few tidbits for miners

Source: Daily News | 2015-04-24
VANCOUVER — On April 21 Canadian Minister of Finance Joe Oliver tabled the country's annual federal budget, wherein the Conservative government achieved a $1.4 billion surplus that fulfills the promise of balanced financials made...

TSX Venture finishes in the green, April 13-17 

Source: Print Archives | 2015-04-22
The S&P/TSX Venture Composite Index rallied during the trading sessions, gaining 3.97 points en route to a 702.85-point weekly close. Statistics Canada reported that the consumer price index gained 0.4% last month, after a 0.2% jump in...

Hudbay picks up QMX Gold's Snow Lake mine 

Source: Print Archives | 2015-04-22
The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is...

Peregrine Diamonds teams up with old Africa hands in Botswana 

Source: Print Archives | 2015-04-22
In its first meaningful venture in diamond exploration outside of North America, Peregrine Diamonds (TSX: PGD) expects to drill kimberlite targets in Botswana before year-end, thanks to the wisdom of three exploration geologists whose previous...

BC Minister Bill Bennett encourages explorers to be optimistic at KEG 2015 

Source: Print Archives | 2015-04-22
KAMLOOPS, B.C. — Speaking at this year’s Kamloops Exploration Group (KEG) conference in Kamloops, B.C., the province’s Minister of Energy and Mines Bill Bennett encouraged junior explorers to keep their chin up.

Foran finds promising results at the Hanson Lake camp  

Source: Print Archives | 2015-04-22
Foran Mining (TSXV: FOM; US-OTC: FMCXF) has wrapped up the first round of drilling this year on two deposits near its flagship McIlvenna Bay project in Saskatchewan’s Hanson Lake camp, to see if it could delineate more resources near the...

TSX retreats, April 13-17 

Source: Print Archives | 2015-04-22
Canada’s benchmark index fell on renewed concern over Greece’s debt and China’s new trading regulations. The S&P/TSX Composite Index slipped 28 points, or 0.2%, to 15,360.55, while the S&P/TSX Capped Diversified Metals...

Collapsing under debt, NA Palladium seeks a buyer 

Source: Print Archives | 2015-04-22
North American Palladium (TSX: PDL; US-OTC: PALDF) is facing the consequences of a potential loan default, which could transfer 98% of the company and ownership of the Lac des Îles (LDI) palladium mine, near Thunder Bay, Ont., to its...

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