News

Peregrine’s Chidliak delivers the goods (November 23, 2010)

Highly anticipated mini-bulk sample results from Peregrine Diamonds’ (pgd-t) Baffin Island Chidliak diamond project didn’t disappoint. The CH-7 mini-bulk sample shows a grade of 1-carat-per-tonne and a population of gem-quality diamonds, 15 of…


New gold discovery for Midland and Agnico-Eagle

Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in the Abitibi region of Quebec.


Another long intercept for Gold Canyon

Gold Canyon Resources (GCU-V) latest results continue to add to the recent momentum the company has generated around its Springpole gold project in the Red Lake district of Ontario. The results were highlighted a hole returning 225 meters…



Nicaragua is king for Golden Reign

The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…


German fertilizer major offers $434 million for Potash One

Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…


Stockpile and conveyors at Newmont Mining's Boddington gold-copper mine in Australia.

Newmont positioned for growth

With more than US$6.7 billion in available liquidity at its fingertips, Newmont Mining (NMC-T, NEM-N) is ready for its next significant development campaign on a pipeline of gold projects that include…



TORONTO STOCK EXCHANGE -NOVEMBER 8-12

The TSX composite index fell 175.87 points or 1.4% to finish the Nov. 8-12 trading week at 12,749.24, while the Capped Metals & Mining index slid 48.02 points or 3.62% to 1,280.02. One hundred and…


TSX VENTURE EXCHANGE -NOVEMBER 8-12

A long streak of upward momentum on the S&P-TSX Venture index stalled slightly in the Nov. 8-12 week, with two days of losses edging out three days of gains to have the board end down 1.82 points …


U.S. MARKETS -NOVEMBER 8-12

Markets finished the week with a sharp pullback as European debt fears and China inflation worries spooked investors. The Dow Jones industrial average tumbled 251.5 points, to close the Nov. 8-12 trad…



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