Chinese investment comes at a price for Champion Iron
A Hong Kong investment company has invested $3 million for an 11% stake in Champion Iron Mines (TSX: CHM) and its portfolio of iron ore properties in the Labrador Trough.
Canada
Strateco appears out of luck at Matoush
Any chance that Strateco Resources (TSX: RSC; US-OTC: SRSIF) had in advancing its Matoush uranium project in northern Quebec’s Otish Mountains after the provincial government temporarily banned uranium development in late March has been…
Wheeler River wins more converts for Denison
Denison Mines (TSX: DML; NYSE-Arca: DNN) owns a 60% stake in the Wheeler River uranium project that lies between Cameco’s (TSX: CCO; NYSE: CCJ) Key Lake mill — the world’s largest high-grade uranium mill — and its…
Azincourt gets going at Patterson Lake
VANCOUVER — There is critical mass building around the Patterson Lake uranium camp in the western reaches of Saksatchewan’s Athabasca basin, and Vancouver-based junior Azincourt Uranium (TSXV: AAZ) is hoping to make a big discovery.
Quebec gives Oceanic a vote of confidence
Quebec’s Ministry of Finance and Economy is interested in taking a minority stake in Oceanic Iron Ore’s (TSXV: FEO; US-OTC: FEOVF) Hopes Advance iron ore project in the Ungava Bay region.
Fission’s technical team remakes the Athabasca basin
VANCOUVER — Fission Uranium (TSXV: FCU) made headlines last year with the J-Zone discovery at its Waterberg uranium joint-venture in Saskatchewan’s Athabasca basin, and the company is showing no signs of slowing down.
Obituary: WGM’s Jack McOuat
John (Jack) McOuat, an icon of the Toronto mining scene and the last surviving co-founder of the independent geological and mining consulting firm Watts, Griffis and McOuat (WGM), died on July 30 at age 80 at the Sunnybrook Hospital in Toronto.
The New Prosperity battle begins again
WILLIAMS LAKE, BC — Two very different scenes played out on opposite sides of the building hosting the public hearing on the proposed New Prosperity mine in the hours before the hearing got started.
TSX Venture Exchange, July 22-26
The S&P/TSX Venture Composite Index capped off a four-week rally during the trading sessions, jumping 4.9 points en route to its highest close since June at 925.29 points. The Venture remained in the green despite a general decline in…
Can Diavik alumni hit the mark with North Arrow?
Since March, North Arrow Minerals (TSXV: NAR; US-OTC: NHAWF) has added six projects to its diamond exploration portfolio for a total of seven.
Lake Shore Q2 earnings meet expectations
Highly anticipated second-quarter results are in, and Lake Shore Gold (TSX: LSG; NYSE-Arca: LSG) delivered.
A fitting tribute
Mining consultancy Watts, Griffis and McOuat (WGM) hosted its fifth annual Golf for Gold charity golf tournament on July 26 at The Club at Bond Head, north of Toronto.