Volume 98 Number 12 May 7 - 13, 2012

A drill rig at Karnalyte Resources' flagship potash project near Wynyard, Saskatchewan. Photo by Karnalyte Resources

Potash a hot commodity on the Canadian prairies

With the world’s  population marching upward, and the U.S. Department of Agriculture estimating this year we’ll see the largest U.S. corn crop in 75 years, it may be no surprise that potash exploration and project development…

Surface facilities at Claude Resources' Seabee gold mine in Saskatchewan's La Ronge gold belt. Photo by Claude Resources

La Ronge gold district regains its old shine

The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…

The camp at Pitchstone Resources' Gumboot uranium project in northern Saskatchewan's Athabasca basin. Photo by Pitchstone Resources

Fission Energy grows in the Athabasca

With grades over 10 times the global average, the Athabasca basin is home to some of the world’s richest uranium deposits, and one junior is looking to lock-up a significant amount of that prospectiveness for itself.

Geologists and consultants discuss the copper orebody at VMS Ventures' Reed project, 50 km west of Snow Lake, Manitoba. Photo by VMS Ventures

VMS Ventures looking to repeat Reed success

Manitoba’s Flin Flon greenstone belt has been yielding high-grade copper and zinc from its volcanogenic massive sulphide orebodies for almost 85 years, and VMS Ventures (VMS-V) thinks there’s a lot more mineralization to be found.

An aerial view of the camp at Mega Precious Metals' Monument Bay gold project, 570 km northeast of Winnipeg, Manitoba. Photo by Mega Precious Metals

Mega Precious Metals optimistic at Monument Bay

Mega Precious Metals’ (MGP-V) president and chief executive James Rogers has lofty plans for the company’s Monument Bay gold project in Manitoba, which was previously drilled by past operators as a potential high-grade underground…

A worker inspects machinery underground at Potash Corp. of Saskatchewan's Lanigan potash mine in Saskatchewan. Photo by Potash Corp. of Saskatchewan

PotashCorp’s Q1 misses the mark

Potash Corp. of Saskatchewan’s (POT-T, POT-N) first-quarter profits disappointed with lower potash sales, curtailed production and increased costs. But after trimming its 2012 earnings guidance, the Saskatoon-based company expects…

ESO Uranium project manager Garrett Ainsworth (left) with his father Ben, vice-president of exploration, at the Patterson Lake South uranium project in Saskatchewan. Photo by ESO Uranium

ESO Uranium digs into the Athabasca basin

Ben Ainsworth joined the board of Hathor Exploration in 2005 and served as vice-president of exploration during the junior’s development of its high-grade Roughrider uranium deposit in northern Saskatchewan’s Athabasca basin, about…

An aerial view of Xstrata and Erdene Resource Development's Donkin coal project site on the coast of Nova Scotia's Cape Breton Island. Photo by Erdene Resource Development

Xstrata seeks buyer for Donkin

Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.  

Iamgold to scoop up Trelawney

In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario. 

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