North Country rises 45% on Nunavut gold hits
VANCOUVER — When the first results from the first drill program of a newly-listed company include hits like 42 metres of 5.88 grams gold per tonne, the market usually responds. And that is exactly wh…
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AQM, Teck re-jig Zafranal deal
VANCOUVER — The long copper hits coming out of the Zafranal project in southern Peru are starting to define a sizable zone of mineralization and the success has prompted its owners AQM Copper (AQM-V)…
Sage Gold explores Nevada, Timmins
Three years ago Sage Gold (SGX-V) had a market capitalization of about $40 million. Today the figure stands at about $6 million but the junior’s president and chief executive Nigel Lees believes that’…
Kinross Gold sells Diavik stake
Diamonds have been kind to Kinross Gold (K-T, KGC-N).
Aurizon Mines gets busy in July
July has been a busy month at Aurizon Mines (ARZ-T, AZK-N). On July 5, the Vancouver-based gold producer unveiled that it had significantly updated its resource for the Hosco gold deposit on its Joann…
Molycorp to raise $240M in IPO for REE mine
Molycorp, owner of the Mountain Pass rare earth element (REE) mine in California, is going ahead with an initial public offering (IPO) topping US$420 million so it can ramp up North America’s only cur…
New Gold produces 90,000 oz. in Q2 (August 02, 2010)
New Gold (NGD-T, NGD-X) shares were up nearly 5% to $5.25 apiece on July 20 on news the company was able to increase gold production by 62% in the second quarter, due mostly to its Mesquite gold mine …
Goldcorp invests $15.6M in Evolving Gold
Although the Evolving Gold (EVG-V) team consists of several former Newmont Mining (NMC-T, NEM-N) people, it’s Goldcorp (G-T, GG-N) that has decided to invest $15.6 million in the junior gold explorer.
Talison, Salares Lithium to merge
VANCOUVER — Australian producer Talison Minerals and Vancouver- based Salares Lithium (LIT-V) are joining forces to create the world’s largest publicly traded lithium production and exploration compa…
Shrewd Kinross reaps windfall
When it comes to adversity, some people just rise above it all.
Canadian M&As hit 5-year low
Canadian merger and acquisition (M&A) activity fell 30% in the first half of 2010, according to a new report issued by mergermarket.
Goldcorp enlists Cabo Drilling for Hollinger
North Vancouver-based Cabo Drilling (CBE-V) has snagged a contract with Goldcorp (G-T, GG-N) to drill 5,000 metres at the company’s Hollinger gold mine in Timmins, Ont.