Avalon gets top drill grades in the Lake zone
Avalon Ventures (AVL-T) set out to define the eastern, southern and western margins of the Lake zone at its Thor La…
News
Fronteer plans to acquire Aurora Energy Resources
Fronteer Development Group (FRG-T, FRG-x) is the single largest shareholder, with 42%, of Aurora Energy Resources (…
Rusoro Makes Formal Bid For Gold Reserve
Rusoro Mining (RML-V, RMLFF-o) says its unsolicited takeover bid for Gold Reserve (GRZ-T, GRZ-x) offers a “compelling premium” and would create the “premier” Venezuelan gold company. But Gold Reserve …
Cracking The Mystery Of The Matoush Mineralization
SITE VISIT Chibougamau, Que. — The Matoush uranium deposit is unlike any other. It’s not an unconformity deposit, such as those in Saskatchewan’s Athabasca basin, nor is it related to…
Correction (December 22, 2008)
In the story “Second time’s the charm at Boyongan” ( T. N. M., Dec. 8-14/08), we inaccurately stated that Philex Gold is purchasing a further 50% interest in the Boyongan project from Anglo American. …
U. S. Markets December 9-15
Broad U. S. equity indices were down during the Dec. 9-15 trading session, with the Dow Jones Industrial Average dropping 370 points, or 4.1%, to 8,565; the S&P 500 index losing 41 points, or 4.5%…
Toronto Stock Exchange December 9-15
A slight improvement in commodities prices helped offset the losses for the S&P/TSX composite index over the Dec. 9-15 trading period. The benchmark fell 105 points or 1.2%, to finish at about 8,4…
TSX Venture Exchange December 9-15
A modicum of confidence managed to infiltrate the TSX Venture Exchange during the Dec. 9-15 trading session. The Venture board climbed 18.73 points out of the high 600s to close at 716.81 points. High…
Scott Lake Delivering For Cogitore
Cogitore Resources (WOO-V) reported its best-ever zinc grades from recent drilling at Scott Lake, near Chibougamau, Que.
BHP OKs Aussie Iron Ore Expansion
BHP Billiton (BHP-N, BLT-l) has approved an expansion at its iron ore mining operations in Western Australia, which will raise production by 50 million tonnes to 205 million tonnes per year in 2011.
Selwyn Strikes More High-Grade Zinc-Lead
Vancouver — Results are rolling in from a summer exploration program at Selwyn Resources’ (SWN-V, SWNLF-o) namesake project in the east-central Yukon, revealing new zones in the zinc-lead-rich Don Va…
Suppliers News: Abb Adds Ber-mac Electrical To Its Ranks
Zurich, Switzerland-based power and automation technology company ABB Inc. (ABB-n) has acquired Calgary-based Ber-Mac Electrical and Instrumentation, expanding the Swiss multinational’s services in We…