News

U.S. equity markets weak, Jan. 18-21

U.S. markets were closed on Monday Jan. 17 for the Martin Luther King Jr. holiday. When they re-opened, trading was mixed. The Dow Jones Industrial Average edged up 84.46 points or 0.72% to close the abbreviated Jan. 18-21 trading week at…


Copper Mountain nears production in BC

Princeton, B.C. – Since 2006 Copper Mountain Mining (cum-t) has been quietly but confidently building a large, open-pit mine near Princeton and within six months British Columbia will have its first major new metal mine in years.Well, mostly…


Spanish Mountain releases PEA

Marc Johnson, a mining analyst and chartered financial accountant at M Partners in Toronto, initiated coverage of Spanish Mountain Gold (spa-v) in the middle of December 2010, less than a month after the junior released a preliminary economic…


Tarsis gets new porphyry prospect in Yukon

If you ask Marc Blythe, president and chief executive of Tarsis Resources (tcc-v), there aren’t many companies like his that are looking for new projects in the Yukon. “There are probably only one or two publicly listed companies looking for…


Silver Quest grabs the Bouvette property

Investors snapped to attention when drilling at the Tiger zone in the middle of Atac Resources’ (atc-v) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth, 32.6 metres…


Kaminak set to drill

With more than $21 million in cash, Kaminak Gold (kam-v) has the funds for an extensive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.The first phase of its drill program, budgeted at $15…


Taseko shrugs (January 24, 2011)

Taseko Mines (tko-t, tgb-x) may have been knocked down by the Canadian government’s ruling against its proposed Prosperity gold-copper mine in B.C., but that doesn’t mean the company has been knocked out.The government turned down the project…



Former bidding rivals team up to chase Baffinland

In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…


Cliffs to buy Cons. Thompson

If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…


Mirasol delivers spectacular silver hits

Results for the remaining 21 holes completed during a first pass of drilling on the Julia vein target confirm Mirasol Resources (mrz-v) has made a significant high-grade silver discovery at its wholly owned Virginia project in Argentina’s Santa…


Inmet, Lundin to merge

The proposed merger of Inmet Mining (imn-t, iemf-o) and Lundin Mining (lun-t), which both companies describe as a “merger of equals,” would create a large base-metal producer in Canada that would replace the likes of those that Canada has lost…


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