With spring breakup fast approaching at Damoti Lake in the Northwest Territories, a second drill rig is being engaged, in order to carry out infill drilling of the original discovery on BIF Island.The…
Toronto-listed Goldcorp (TSE) has bought 2.3 million common shares and 823,540 warrants of Wheaton River Minerals (TSE).One warrant and $1.30 can be exchanged for one Wheaton share on or before Nov. 1…
Vancouver-based Pentland Firth Ventures (ASE) has intersected gold mineralization on its Allerston property in Timmins, Ont. The project is adjacent to, and west of, the Bell Creek mine.Two of three P…
In an effort to acquire more low-cost copper production and expand its ore reserves, Asarco (NYSE) has bought an additional 10.7% interest in Southern Peru Copper from Newmont Gold (NYSE).The purchase…
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Vancouver-listed GMD Resources can earn a 60% interest in Fortune Minerals'(CDN) JBG claim group 150 km northeast of Yellowknife, N.W.T.The claims are 3 km east of Fortune’s NICO property where high-g…
Drilling on the Werner Lake base metal property, northwest of Kenora, Ont., has encountered encouraging copper mineralization.Canmine Resources (ASE) is carrying out the multi-hole program in order to…
A meteorite discovered almost 10 years ago on a beach near the town of Penouille in Quebec’s Gaspe region was recently recovered by a committee of the Canadian Space Agency.The space rock was found by…
Gold Funds as of Apr. 18BGRCentralNet Value$17.12$6.74Price$14.63$7.00Discount14.57%Premium3.9%Value$133,841,000$126,695,100…
Drilling is under way at the Meadowbank gold project 60 miles north of Baker Lake, N.W.T.The property is owned 60% by Cumberland Resources (VSE) and 40% by Comaplex Minerals (TSE).The partners are con…
A worker was killed underground recently after being struck by a truck at the Eagle Point uranium mine on the Rabbit Lake site in northern Saskatchewan.Cameco (TSE) reports that the man, whose name wa…
Working to bring its Mt. Nansen gold project in the Yukon into production, BYG Natural Resources recently began trading on the Toronto Stock Exchange.The company completed a positive feasibility study…
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