News

Venture regains ground

Vancouver – The last full week of November saw the S&P TSX Venture composite index bounce back over the 2000-point threshold after slipping below it the week before. The index climbed 73.66 points over four days to offset a 12.53-point…


Rubicon Minerals makes a splash with inferred estimate

Rubicon Minerals (RMX-T, RBY-X) closed $1.46 higher today in Toronto at $6.06 per share, a gain of 31.74%, on news of a four million ounce inferred gold resource estimate at its Phoenix gold project in Red Lake, Ontario.




Denison set to raise $65.4M

Denison Mines (DML-T, DNN-X) is arranging a $65.4-million financing of prepaid warrants to fund development of the company’s uranium properties and to add to working capital.



Western Troy's team at the Deborah Lake copper-gold project.

Agnico-Eagle invests $1M in Western Troy

Western Troy Capital Resources (WRY-V) is looking to raise $3.5 million on the back of a new copper-gold discovery at Deborah Lake, near Schefferville in northeastern Quebec.


Kimberlite source elusive at Chesterfield Inlet

Shear Minerals (SRM-V) wrapped up this year’s exploration program on the Chesterfield Inlet diamond project in Nunavut still seeking the source of some promising indicator mineral anomalies and kimberlite float occurrences.With the objective…


Drillers at Tahoe Resources' Escobal silver project in Guatemala, 70 kilometres southeast of Guatemala City.

Tahoe flaunts Escobal in Guatemala

Led by Kevin McArthur, a former CEO of Goldcorp (G-T, GG-N) and Glamis Gold, Tahoe Resources (THO-T) hopes to position itself as a new leader in the silver business on the back of the recently acquired and newly discovered Escobal silver…


From left: chief geologist Alex Knox and president Andr Gauthier at Matamec Explorations' Kipawa rare earths deposit in Quebec.

Matamec: metallurgy fine at Kipawa

SITE VISIT NORTH BAY, ONT. –When at least one hundred companies in Canada claim to have some rare earth element (REE) showings on their properties and about five or six of them are serious contenders for making it into production, the…


Fortuna Silver Mines president and CEO Jorge Ganoza Durant at the San Jose silver-gold project in Oaxaca, Mexico.

Fortuna Silver progresses at San Jose

SITE VISIT SAN JOSE DEL PROGRESO, OAXACA, MEXICO — “Oaxaca is not for the faint of heart,” says Jorge Ganoza Durant with a slight grin, during a site visit to Fortuna Silver Mines’ (FVI-T) San Jose silver-gold project in the state.As…


Allied Gold's Simberi gold mine in the Tabar Islands group, 60 km from Lihir Island, Papua New Guinea.

Allied Gold plans growth in PNG

VANCOUVER — Allied Gold (ALG-T, ALD-A) has big plans for its Simberi gold mine in Papua New Guinea (PNG) — the company has embarked on an expansion of the mine’s oxide processing unit and now a pref…


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