New gold discovery for Midland and Agnico-Eagle
Partners Midland Exploration (MD-V) and Agnico-Eagle Mines (AEM-T, AEM-N) have found a shallow new gold zone in the northwestern part of the Maritime-Cadillac property in the Abitibi region of Quebec.
News
Another long intercept for Gold Canyon
Gold Canyon Resources (GCU-V) latest results continue to add to the recent momentum the company has generated around its Springpole gold project in the Red Lake district of Ontario. The results were highlighted a hole returning 225 meters…
Bravo Gold drills 45.5 metres of 2.1 grams per tonne
Assay results from the silver zone of Bravo Gold’s (BVG-V) 100%-owned Homestake Ridge project in northwestern British Columbia drove the junior’s share price up 13.33% to 17¢ today.
Nicaragua is king for Golden Reign
The old mines of Nicaragua’s San Albino and Murra district are getting a fresh look from Golden Reign Resources (GRR-V). The Vancouver-based company’s latest drill results show the area – which has hosted mines all the way back to when the…
German fertilizer major offers $434 million for Potash One
Vancouver – A $434-million takeover bid for Potash One (KCL-T) from German fertilizer giant K+S Aktiengesellschaft is evidence that the failure of BHP Billiton’s (BHP-N) US$39-billion takeover bid for Potash Corp. of Saskatchewan (POT-T, POT-N)…
TSX ends Nov. 15-19 week higher on easing concerns over Ireland’s debt
With investor mood dampened by concerns over China’ s tightening fiscal policy and Europe’s woes with Ireland and Iceland, the Toronto Stock market closed the Nov. 15-19 week higher, led by the financial sector. The TSX Composite index rose…
U.S. markets were fragile in the Nov. 15-19 trading week
Nov. 15-19 was not a great trading week for U.S. equities. The Dow Jones Industrial Average added just 10.97 points or 0.10% to finish at 11,203.55, while the S&P 500 gained 0.52 point or 0.04% to close at 1,199.73. Just four companies on…
Denison’s enticing Phoenix discovery
The Phoenix uranium discovery by Denison Mines (DML-T, DNN-A) is one of the most promising new uranium discoveries to come out of Saskatchewan’s Athabasca basin in the last 20 years. It joins a short …
Whistler starts to shine for Kiska Metals
VANCOUVER — News of promising drill intercepts, ownership certainty, and positive metallurgical results can each give a project upwards momentum, but Kiska Metals (KSK-V) is currently feeling the lif…
Newmont positioned for growth
With more than US$6.7 billion in available liquidity at its fingertips, Newmont Mining (NMC-T, NEM-N) is ready for its next significant development campaign on a pipeline of gold projects that include…
Caterpillar set to buy Bucyrus (November 22, 2010)
Caterpillar Inc. (CAT-N), the world’s largest maker of construction and mining equipment, is offering to buy Bucyrus International (BUCY-Q) in a deal worth US$8.6 billion including debt.
Premier cuts impressive numbers at Hardrock (November 22, 2010)
Drilling on the Hardrock gold project in northwestern Ontario is returning some impressive results for joint-venture partners Premier Gold Mines (PG-T) and Goldstone Resources (GRC-T).