Grande Cache rises as deal closer to completion
Investment Canada doesn’t believe the haters, as the Feds have given the nod to Winsway Coking Coal’s bid for Calgary-based Grande Cache Coal (GCE-T).
Canada
Cap-Ex steps out at Northwest zone of Block 103
Vancouver – Cap-Ex Ventures (CEV-V) has released positive step-out holes from the Northwest Zone of its Block 103 iron ore project that show the zone is open to the north, west, and south.
Panoramic launches hostile bid for Magma Metals
An unsolicited takeover bid for Magma Metals (MMW-V, MMW-A) by Australia’s Panoramic Resources (PAN-A) sent Magma’s shares in Toronto up 76.5% to close at 15¢ on Feb. 3, with nearly three million shares changing hands.
Venture sees steady gains throughout January
Vancouver – The S&P TSX Venture Composite Index continued its steady January climb into early February, finishing the January 30 to February 3 period up 36.2 points at 1,665.11 points. The gains put the index back to a level not seen since…
Advancing a second key iron ore asset in Nunavut: Tuktu
Advanced Explorations (AXI-V) took another step in its bid to mold itself into a significant iron ore miner in Canada’s Far North.
Detour secures funds to build mine
Detour Gold (DGC-T) is raising $240 million in equity to finish building its Detour Lake mine near Cochrane, Ont., in hopes of becoming “Canada’s largest gold mining operation,” states the company’s president and CEO, Gerald Panneton, in a…
Roundup highlights new discoveries in BC, Yukon and Alaska
With the Association for Mineral Exploration British Columbia celebrating its 100th anniversary at this year’s Mineral Exploration Roundup in Vancouver, it was only fitting that most of the projects highlighted in the Tuesday sessions had long…
Entourage gets first sniff of high-grade gold near Hemlo
Entourage Metals (EMT-V) has added a second drill rig to its Black Raven gold prospect in the Schreiber-Hemlo greenstone belt of northern Ontario following encouraging first-pass drill results.
Premier Clark promises certainty, efficiency in BC
British Columbia Premier Christy Clark highlighted a reduced permitting backlog and improved conditions for the mineral industry at AME BC’s Jan. 25 Roundup luncheon.
Rex Murphy gives pep talk at Roundup
The 29th annual Association for Mineral Exploration BC Roundup conference wrapped up in Vancouver with a record 8,320 delegates in attendance.
Hudson River gains 189% on Wawa gold
Shares of Ontario-focused explorer Hudson River Minerals (HRM-V) surged on assays from its recent drill program at the Forge Lake gold property, near Wawa, Ont.
First Point shares up 105% so far in 2012
The junior mining sector is off to a fantastic start in 2012 and few companies have seen their share price rise as much as First Point Minerals (FPX-V). The company’s shares are up 105% since Dec. 30, climbing from a near-52-week low of…