New Nadina sees Monumental potential in Lac de Gras
SITE VISIT Lac DE Gras, Northwest Territories — It’s commonly said that the best place to look for an economic deposit is beside a mine. Well, New Nadina Explorations (NNA-V,…
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Azimut on Ungava uranium hunt (October 27, 2008)
One thing you can’t say about Jean- Marc Lulin, president and CEO of Azimut Exploration (AZM-V, AZMTF-o), is that he thinks small. Under Lulin’s leadership, Azimut has become likely the largest claim …
Fortress looks to Russia’s Far East
Getting to Fortress Minerals’ (FST-V, FTMNF-o) flagship Svetloye property, in Russia’s Far East, isn’t easy. The gold project lies 750 km west of Magadan, a port city on the sea of Okhotsk, where the …
Discovering Yukon’s Underworld (October 27, 2008)
Underworld Resources (UW-V, UNDWF-o) recently released promising results from three drill holes at its White Gold property, in the Yukon.
Agnico-Eagle on track with Meadowbank for 2010 (October 27, 2008)
Gold-bearing Archean greenstone belts were first discovered in the Baker Lake area of what is now Nunavut in the 1980s. Fast-forward 28 years and Agnico-Eagle Mines (AEM-T, AEM-n) is in the midst of b…
Blue Note to close Caribou and Restigouche
Blue Note Mining (BN-T, BNMFF-o) is the latest miner to join the care and maintenance club after less than a year of commercial production at its Caribou and Restigouche zinc-lead mines in Bathurst, N…
Plunging PGM prices force Lac des les shutdown
A dramatic drop in platinum and palladium prices has forced North American Palladium (PDL-T, PAL-x) to temporarily shut down its Lac des les mine, near Thunder Bay, Ont., which has been operating bel…
Houston Lake digs Kenora
SITE VISIT Kenora, ONT. — The rolling hills and quiet lakes outside of Kenora, Ont., offer up many an idyllic Canadian panorama. The casual Sunday driver would be forgiven for…
Imperial Metals shores up Mount Polley mine
Vancouver — Continuing exploration at the Mount Polley open-pit copper-gold mine in central British Columbia is finding exactly what Imperial Metals (III-T, IPMLF-o) seeks: high-grade intercepts.
Waratah rejects bid by Aussie company
Waratah Coal (WCI-V, WRTHF-o) says a partial takeover bid by Mineralogy Pty. undervalues the company’s Galilee Basin coal project in eastern Australia and has advised shareholders to reject the $1.41-…
Int’l Beryllium builds on the ‘nuclear renaissance’
International Beryllium (IB-V, IBRYF-o) is buying Franklin, Ind.-based Nonferrous Products, a beryllium metalworking and specialty alloy processing company, for about US$10.5 million. The combined com…
PEOPLE (October 27, 2008)
Africo Resources — Jim Cook, Pieter Deboutte, Matthew Fisher and Douglas Ryan appointed directors.