Northern Sun Mining Corp

QMX Gold's past-producing Snow Lake gold mine in Manitoba, which Hudbay Minerals has agreed to buy for $12.3 million in cash and a conditional $5-million payment.   Credit: QMX Gold

Hudbay picks up QMX Gold’s Snow Lake mine

The opportunity to acquire the past-producing Snow Lake gold mine and mill in Manitoba from financially strapped QMX Gold (TSXV: QMX) emerged a couple of months ago, Hudbay Minerals (TSX: HBM; NYSE: HBM) has confirmed, but says “there is…



Fieldworkers at Wallbridge Mining's Broken Hammer copper-PGM project in Sudbury, Ontario. Credit: Wallbridge Mining

Wallbridge to put Broken Hammer into production

Wallbridge Mining (TSX: WM; US-OTC: WLBMF) is building an open-pit mine in April at its Broken Hammer copper–platinum group metal project in Sudbury, Ont., and says production should start in June. Total capex is $1 million.


Toronto Stock Exchange, Aug. 26-30

The S&P/TSX Composite Index fell during the trading week amid concerns that Western countries would intervene militarily in Syria’s civil war. Toronto’s main index plunged 108 points to finish the week at 12,653.90. 




Hart gives Liberty a ray of hope

Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) suspended production because of declining nickel prices, it posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.


[Update] Liberty looks for a ray of light

Less than two weeks after Timmins, Ont.-focused Liberty Mines (LBE-T) temporarily halted production because of declining nickel prices and posted a positive preliminary economic assessment (PEA) for its Hart nickel deposit.


Goldbrook keeps 25% of Nunavik

A potentially lucrative partnership that turned sour and then to the courts is a step closer to resolution, after an arbitration panel ruled that Goldbrook Ventures (GBK-V) has the right to a 25% stake in Jien Canada Mining’s Nunavik nickel…



Jilin Jien Moves In On Canadian Nickel

VANCOUVER — Earning into Goldbrook Ventures’ (GBK-V, GBKVF-O) Raglan project and scooping up half of troubled Liberty Mines (LBE-T), China’s Jilin Jien Nickel is becoming an important player in the C…