Miranda looks for a winning ticket
This year marks Miranda Gold’s (MAD-V) most active drill season to date, with partners spending between $5 million and $7 million to test at least seven of the company’s nine joint-venture projects.
News
Suncor’s diversity over-powers lower Canadian crude prices
VANCOUVER — Canadian oil-sands juggernaut Suncor Energy (SU-T, SU-N) beat analyst’s estimates and strengthened its cash position during the first quarter, as the company’s strategic integration of refining facilities off-set a…
Commentary: Time for Canadian miners to import U.S. outreach tactics
There has been a significant paradigm shift in public activism in Canada and a growing hostility toward mining and dogmatic opposition by environmentalists and social action groups toward virtually all mining and energy projects. This new…
Torex hits open-pit resource target at Morelos
VANCOUVER — Toronto-based Torex Gold (TXG-T) is navigating the often tricky waters that mark the transition between being an exploration outfit and a mine developer. With an updated resource estimate to kick-off May, and a bankable…
Canadian market slumps as global outlook sours
Volatility continued to reign supreme as investors had to weather another down period in Toronto as troubles south of the border and across the Atlantic took centre stage. Rattled investors sent the TSX Composite Index down 332 points to…
Venture returns to negative territory in April 30 – May 4 period
VANCOUVER — The S&P TSX Venture Composite Index slipped back to negative territory in the April 30 – May 4 period, ending down 7.71 points at 1,405.05 after three days of losses outweighed two days of gains. Volume for the…
U.S. equities slide, Apr. 30-May 1
It was one of the worst weeks on Wall Street so far this year. Ahead of key elections in Europe that threatened to derail advocates of tough austerity measures in France and Greece, U.S. payroll data showed that hiring in the U.S. slowed for a…
Letter to the Editor: CSR counsellor should be applauded
An editorial in The Northern Miner criticized Canada’s Extractive Sector CSR counsellor, Marketa Evans, for “shooting another blank” in reference to the office’s second case, involving First Quantum Minerals’ Guelb…
Foran jumps into action in Saskatchewan
Foran Mining (FOM-V) is gaining steam at its flagship McIlvenna Bay volcanogenic massive sulphide (VMS) project in Saskatchewan, west of Flin Flon, Man.
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.
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.
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…