Rainy River outlines 329,000 oz. per year gold mine
Rainy River Resources (RR-T) has a positive preliminary economic assessment (PEA) for its flagship Rainy River gold project in northwestern Ontario.
Canada
Arianne’s Lac Paul to be ‘next generation’ mine
A prefeasibility study for D’Arianne Resources’ (DAN-V) Lac à Paul phosphate-titanium project in southeastern Quebec has placed the project “among the most attractive of the next generation of phosphate rock mines,” according to Bernard…
Lake Shore flaunts 6.4M oz. resource
By early next year Lake Shore Gold (lsg-t, lsg-x) was aiming to boast a gold resource of 6-million to 8-million ounces. A goal it recently achieved with initial resources from its Thunder Creek and Fenn-Gib projects, bringing…
Fission’s Roughrider area play has shareholders glowing green
Vancouver – With the power play for Hathor Exploration’s (HAT-T) promising Roughrider uranium deposit now in its fourth (but perhaps not final) act, Saskatchewan’s Athabasca basin is taking centre stage in the battle for the world’s next best…
Commentary: Unlocking the wealth of northern Ontario
Discovery of the massive “Ring of Fire,” a chromite-rich mineral deposit in a remote area of northern Ontario, is the first and perhaps easiest step in realizing the site’s potential.
First Point stakes new awaruite prospects in Australia, Yukon
Vancouver – Nickel-iron alloy explorer First Point Minerals (FPX-V) has discovered promising showings of awaruite mineralization in Australia and the Yukon. The company has staked large land packages surrounding the showings and will look to…
Chinese firms to invest $1.36 billion in private B.C. coal projects
Vancouver – British Columbia’s new Liberal premiere, Christy Clark, has made some bold statements to Canada’s mining sector and the rest of the world these past few weeks.
Strong assays for Northern Freegold in the Yukon
Results from eight more holes at Northern Freegold Resources (NFR-V) Freegold Mountain project in the Yukon are in and show that the company could well be on to a significant mineralized body.
Hathor Exploration receives revised offer
Cameco Corporation (CCO-T, CCJ-N) has raised its all-cash offer for Hathor Exploration (HAT-T) by 20% from $3.75 per share to $4.50 per share, trumping Rio Tinto’s (RIO-N, RIO-L) $4.15 per share all-cash bid.
Venture edges down Nov. 7-11
Junior mining stocks maintained their slight downward trajectory in the Nov. 7-11 trading period, with the S&P/ TSX Venture Composite Index slipping 8.7 points to end at 1,641.31 points. As in recent weeks, volume remained light at an…
Golden Predator continues aggressive growth in Yukon
Few companies embody the modern Yukon gold rush more than Golden Predator (GPD-T).
Xstrata funds Raglan expansion
Raglan at Quebec’s northern limit in Nunavik is one of the world’s highest grading nickel mines. In August, Xstrata Nickel, one of Xstrata’s (XTA-L) global business units, approved a US$530-million extension project at that will develop the…