TSX Venture Exchange february 21-27
Stronger precious metal prices helped the junior-resource-dominated S&P-TSX Venture Composite Index inch up 4.15 points to close the Feb. 21-27 trading session at 2,543.33. Average daily trading v…
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U.S. Markets february 21-27
Equity markets south of the border clawed upwards during the reporting period Feb. 21-27, but corrections in the metal markets proved to be too much for the previously buoyant resource sector. While t…
Base metal boom helps revive Canadian Cordillera
Vancouver — With base metal prices at or near record highs, everything old is new again in the western Cordillera, where dormant mines or advanced projects discovered decades ago continue to dominate…
Nuclear renaissance a boon for Saskatchewan
Surging uranium prices have resulted in renewed interest in northern Saskatchewan’s prolific Athabasca basin, a region known for hosting some of the world’s largest high-grade uranium mines and deposi…
Duo split U3O8 assets
Vancouver — Fronteer Development Group (FRG-T, FRG-X) and partner Altius Minerals (ALS-V, ATUSF-O) plan to spin off privately held Aurora Energy Resources, which is…
Mtn Lake sizes Bobby’s Pond
Consultants Roscoe Postle Associates (RPA) will spend the next five to six weeks completing an independent technical report on Mountain Lake Resources‘ (MOA-V, MLKRF-O) Bobby’s Pond m…
Gold Hawk finances Tamboraque
Vancouver — A proposed $14-million private placement should provide Gold Hawk Resources (CGK-V, CGHRF-O) with sufficient resources to complete the acquisition of the Tamboraque polym…
Breakwater turns a corner
Breakwater Resources (BWR-T, BWLRF-O) is taking full advantage of a soaring zinc price to reinvest in its existing mines, look for acquisitions, and investigate the hidden potential of anomalies disco…
Latin America’s base metals miners expect bumper year
Lima, Peru — Latin American mining projects are famously difficult to pronounce: Michiquillay and Pukaqaqa are just two such tongue twisters. Yet, with mineral prices defying all forecasts of a slowd…
Uganda’s minerals industry getting back into gear
Kampala, Uganda — At one time, the annual value of Uganda’s mineral product was far greater than that of its East African neighbours, Tanzania and Kenya. This came to a halt during the political unre…
Lynn Lake: the next revived nickel mine?
After spending seven months digitizing and analyzing a truckload of paper data, Seymour Exploration (SEZ-V) is testing the resulting targets on its Lynn Lake property in northern Mani…
Aurcana grabbing Mexican mine (March 06, 2006)
Vancouver — Aurcana (AUN-V, AUNFF-O) is boosting its Mexican minerals portfolio with an agreement to acquire the La Negra silver-zinc-copper-lead mine in Queretaro state….