News

Apollo Gold (APG-T) of Denver, Colo., has sold Japanese-based Jipangu a 9.5% stake in the company for $4 million….

Denver-based Golden Star Resources (GSC-T) expects to trim operating costs at its Wassa gold mine in Ghana by up to US$80 per oz. now that the operation has been hooked up to the na…

Vancouver — Halifax-based MagIndustries (MAA.U-V) is backing the rehabilitation of one of the world’s largest hydroelectric projects as part of an ambitious effort to develop two m…

Venerable steelmaker Dofasco (DFS-T) owns a third of iron ore producer Quebec Cartier Mines (QCM) and has agreed to buy the remaining two-thirds from Companhia Auxiliar de Empresas…

Vancouver — After spending 18 months evaluating various gold projects for development, Channel Resources (CHU-V) has secured rights to earn up to 70% of the advanced El Mozo proper…

Vancouver — Fifteen years have passed since the first kimberlite discoveries were made in Saskatchewan’s Fort la Corne district. At the current rate of activity (and barring a geological miracle),…

Vancouver — Canadian Zinc (CZN-T) is encouraged by test results on material pulled from the Prairie Creek zinc-lead-silver deposit in the Northwest Territories….

Reverse-circulation drilling is outlining and filling in a resource at Absolut Resources‘ (ABS-V) Pico Machay gold project, 450 km southeast of Lima, Peru….

Vancouver — Augusta Resource (ARS-V) has acquired the Rosemont copper-molybdenum project in Pima Cty., Ariz….

Halifax-based Erdene Gold (ERD-V) has inked an agreement with Erdenet Mining Corp. (EMC), Mongolia’s largest mining company, to explore for economic deposits in that country….