News

Cameco bids for Hathor

Hathor Exploration’s (HAT-T) shares have vaulted in response to  Cameco’s (CCO-T, CCJ-N) launching of a hostile,  $520-million cash bid for the junior, and initiating what may become a bidding war for its world-class, high-grade…


A worker drives down a ramp at Northgate Minerals' Young-Davidson gold project in Matachewan, Ontario. Photo by Northgate Minerals

Ocampo, meet Young-Davidson

AuRico Gold (AUQ-T, AUQ-N) wants to become an intermediate gold producer, and it has tabled a rich, all-share offer for Northgate Minerals (NGX-T, NXG-X) to help it get there.


Mexican investor to take 39% stake in Animas

Vancouver – Mexican investor Ernesto Echavarria has given Animas Resources (ANI-V) a $3.4-million cash injection as it works to advance the Santa Gertrudis gold project in northern Mexico.




Cadillac boosts Thierry resource

Cadillac Ventures (CDC-V) has increased the measured and indicated resources by 33% and inferred resources by 75% at its100%-owned Thierry mine project in northwestern Ontario based on drilling completed in 2010 and 2011.


Nevsun hits more copper at Bisha

Vancouver – Nevsun Resources (NSU-T) has pulled numerous copper hits from an area just outside the established resource at its producing Bisha mine in Eritrea.



Southern Pacific Resource revises McKay cost estimate

If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year with the first steam to follow and production targeted to get underway…


Agnico’s two pearls in Nunavut

Baker Lake, Nunavut – It’s been a tough and ambitious foray in Canada’s Arctic for Agnico-Eagle Mines (aem-t, aem-n), to say the least, but one that holds much promise.



Enbridge touts pipeline demand as review continues

Vancouver – Building a nearly 1,200-km-long pipeline is inevitably challenging, but putting one through two provinces, the territory of dozens of first nations and long tracks of wilderness, only to emerge in a highly contentious port location…


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