Fronteer raises $6m for exploration
Vancouver — Fronteer Development Group (FRG-T) intends to raise $6 million through a private-placement financing, with most of the proceeds earmarked for exploration in Labrador and Red Lake. The fin…
News
BHP Billiton inks Chinese steel deal
Anglo-Australian giant BHP Billiton (BHP-N) has signed a US$9-billion deal to ship some 12 million tonnes of iron ore annually to four of China’s top steel mills.The 25-year deal is BHP’s largest-ever…
Golden Goose ponders Magino options
Location matters in the mining industry, which explains why management of Golden Goose Resources (GGR-V) is tracking the pending closure of the Hemlo gold mines in Ontario.The company’s Magino gold pr…
Money matters for Mining Matters
The Mining Matters program, which teaches earth sciences to Ontario elementary school students, is trying to raise $75,000 this year, and so far has scraped together about $30,000.Created by the Prosp…
South Atlantic looks to purchase Zinkgruvan
Vancouver — South Atlantic Ventures (SAA-V) has inked a deal with Rio Tinto (RPT-N) to purchase the Zinkgruvan min…
Claude buoyed by gold and gas (March 05, 2004)
Stronger gold and natural gas prices helped Saskatoon-based Claude Resources (CRJ-T) cruise to a profit in 2003….
Southwestern raises $40.8 million
Vancouver — Southwestern Resources (SWG-T) has closed a bought deal financing worth $40.8 million through a syndic…
Trading Summary (March 04, 2004)
Toronto stocks dropped another 22.42 to 8,773.27 in directionless trading on Thursday. The gold index edged 0.69 of…
Madison to drill Mt. Kare and Lewis
Vancouver-based Madison Enterprises (MNP-V) is gearing up for more exploration at the Mt. Kare gold-silver project…
ValGold hits high grade at Tower Mountain (March 04, 2004)
Drilling by ValGold Resources (VAL-T) has returned high-grade intersections from the Tower Mountain gold project, n…
LionOre roars in q4
With nickel prices soaring and record production out of the Tati nickel operation, LionOre Mining International (LI…
Radius and PilaGold announce merger
Vancouver Radius Explorations (RDU-V) and PilaGold (PRI-V) plan to merge in order to combine the technical and fi…