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Staff from Virginia Gold Mines examine core from the lonore project in the James Bay region of north-central Quebec.

Juniors smitten by lonore

Spurred by Goldcorp‘s (G-T, GG-N) recent vote of confidence, exploration is heating up around Virginia Gold Mines‘ (VIA-T) lonore gold discovery in the James Bay re…



De Beers geologist Clement Rikhotso (left), and senior project manager Martin Podolsky with bulk samples from the Gahcho Ku diamond project in the Northwest Territories.

De Beers leads next diamond wave

As part of a second wave of new diamond mines coming on-stream in Canada, De Beers is spending $1.6 billion to build two new mines — the Snap Lake underground mine in the Northwest T…


A drill at the Canadian Malartic property of Osisko Exploration operates near a glory hole of the original Canadian Malartic mine.

Not your grandfather’s Abitibi

Malartic, Que. — When James Norrie sent his steam drills up the trails from the railway line in the 1930s, the only exploration model in his head was the wildcatter’s principle: drill it and see. Sev…




Toronto Stock Exchange february 21-27

The Toronto Stock Exchange retreated 159.29 points to 11,706.47 during the five trading days ended Feb. 27. The gold index fell 4% to 265.39 as the underlying commodity shed US$1.25 to US$553.25. The…


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…


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…


Jim Logan of the British Columbia Geological Survey (left) and NovaGold Resources' senior geologist Bruce Otto explore the Copper Canyon zone, part of the company's Galore Creek copper-gold-silver project in the historic Stikine bold belt of northwestern British Columbia. The mineralization at Copper Canyon is developed in breccia bodies.

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…


The headframes at Cameco's Cigar Lake uranium mine, situated 660 km north of Saskatoon.

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…


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