News

Gold takes the spotlight at Aldridge’s Yenipazar

Aldridge Minerals (AGM-V) aims to capitalize on Turkey’s mining boom, which has drawn substantial international curiosity and investment.  Aldridge has been on a bit of a roll recently with upgraded metallurgy and an expanded…


Workers build a drill pad at Red Eagle Mining's Santa Rosa gold project near Medellin, Colombia. Photo by Ian Bickis

Red Eagle tickled pink with Santa Rosa in Colombia

Colombia-­focused junior Red Eagle Mining (RD-V) has hit encouraging high-grade gold intercepts in a phase-two drill program at its Santa Rosa project near Medellin, although the final drilling from phase one did not fare as well.Hole 42…


The exploration crew at WCB Resources' Misima Island copper-gold project in Papua New Guinea. Photo by WCB Resources

WCB hunts gold, copper on PNG’s Misima Island

When  Xstrata (XTA-L) put its share of the  US$5.3-billion Frieda River copper project in Papua New Guinea on the market in late June, there were a few raised eyebrows at the state of affairs in the country — especially given…


Uranerz discovers new uranium trend in Wyoming

Uranerz Energy (URZ-T, URZ-X) says it has discovered a new uranium trend on its Monument project, 24 km southeast of where the company is building its first in-situ recovery uranium mine at the ­Nichols Ranch project in Wyoming’s…


Avala unveils maiden resource in Serbian goldfields

VANCOUVER — Canadian explorer Avala Resources (AVZ-V) is making strides towards establishing a multi-million ounce, near-surface gold deposit in the historic mining region of Timok in eastern Serbia — a Balkan country formerly part…




Global Minerals seeks silver in historic Slovakian mine

VANCOUVER — A common tale amongst grand old communist regions is the historic state-run mine that now lies in disrepair following the blossoming of democratization and liberalization in parts of Eastern Europe. International explorers…


Oil Can resource lifts Champion Minerals

Champion Minerals (CHM-T) is trading higher on news that its 100%-owned Oil Can iron-ore deposit, six km north of its flagship Fire Lake North project in the southern end of the Labrador Trough, contains nearly one billion tonnes of…



Chalco and Ivanhoe extend SouthGobi deal deadline

VANCOUVER — The Aluminum Corporation of China (Chalco) and Ivanhoe Mines (IVN-T, IVN-N) have agreed to wait a month before Chalco make its official offer to buy Ivanhoe’s stake in SouthGobi Resources (SGQ-T) as doubts remain as to…


Virginia and Altius strike strategic alliance

Shares of Virginia Mines (VGQ-T) closed 12¢ or 1.3% higher at $9.13 apiece while Altius Minerals (ALS-T) climbed 9¢ or 0.9% to $10.73 on news the two companies had struck a strategic alliance to cooperate on exploration for base and…


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