News

Lake Shore Gold updates resource at Timmins West

Greater knowledge from mining and development work over the last year and a half, results from infill drilling and a reinterpretation of drill results have culminated in an updated resource estimate for Lake Shore Gold’s (LSG-T, LSG-X)…


An aerial view of Queenston Mining's Upper Beaver gold-copper project in northern Ontario. Photo by Queenston Mining

Positive PEA for Queenston’s Upper Beaver

A preliminary economic assessment (PEA) of Queenston Mining’s (QMI-T) flagship Upper Beaver project in northern Ontario envisions producing 120,000 oz. gold and 5.3 million lbs. copper a year at attractive cash costs using low-cost,…


GTA Resources and Mining vice-president of exploration Robert Duess at the Northshore gold project in Ontario's Hemlo-Schrieber greenstone belt. Photo by GTA Resources and Mining

Northshore results boost GTA, Balmoral

Shares of GTA Resources and Mining (GTA-V) surged $1.29, or 529% in a day to  $1.54 on 7.8 million shares traded after the company released drill results from the Northshore gold property in Ontario’s Hemlo-Schrieber greenstone…


A conveyor piles material at BHP Billiton and Rio Tinto's Escondida copper mine in Antofagasta Province, Chile. Photo by BHP Billiton

BHP and Rio double down on copper

BHP Billiton (BHP-N) and Rio Tinto (RIO-N) are feeling optimistic about copper. Six weeks into the first quarter of 2012, the two mining giants have unveiled plans to commit over US$4 billion to expand copper production at operations in Chile…



Federal gov’t to modernize Port of Sept-les

The Canadian government’s decision to spend up to $55 million  building a deep-water, multi-user dock at the Port of Sept-Îles on  Quebec’s North Shore that complies with the iron ore industry’s new loading…


A drill rig at Corvus Gold's North Bullfrog gold-silver project in Nevada. Photo by Corvus Gold

Corvus shares surge 50% on Nevada gold

Corvus Gold (KOR-T) has started the year with a bang. Positive assay results from its North Bullfrog gold-silver project outside of Beatty, Nev., combined with a sunny outlook for gold juniors, helped push the company’s share up 50% since…


Material passes through a screening machine at NovaDx's Rex coal mine in Campbell County, northeastern Tennessee. Photo by NovaDx Ventures

NovaDx looks to specialty coal

NovaDx Ventures (NDX-V), once a pharmaceutical shell turned merchant bank, has found itself on more solid footing as a specialty coal company.



Monument Mining invests in Malaysia

Vancouver — Mainland Southeast Asia may not hold much buzz for Canadian explorers, with island nations in the region getting far more attention, but there are several companies finding success in this generally overlooked part of the…


Sea change at Seafield

Sometimes a little change can do a company a lot of good. In the case of Seafield Resources (SFF-V), change has come in the form of a new management team and the good it hopes to do is revive investor interest in what was briefly one of the…


Yamana ups yearly profits by 17%

Yamana Gold (YRI-T, AUY-N) reported a US$89.5-million profit for the fourth quarter of 2011, a 28% decrease from the same period a year ago, thanks to a one-time US$81-million impairment loss on investments.


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