Goldcorp in $1.5B friendly takeover of Gold Eagle Mines
The pace of takeovers in the mining sector is accelerating. The latest move sees heavyweight Goldcorp (G-T, GG-N), …
Canada
Serengeti expands Kwanika (July 31, 2008)
Vancouver – With the release of 12 more drill results from a 59-hole 2008 campaign at its Kwanika property, about 2…
Barrick posts strong results despite inflationary pressures
Despite a 91% jump in oil prices, which averaged US$124 per barrel in the second quarter compared with US$65 per ba…
Hudbay down with lower zinc prices
Lower zinc prices took their toll on HudBay Minerals (HBM-T) second quarter earnings.The company’s results showed…
Yukon-Nevada cuts 14.5 metres grading 8.95 grams gold at Ketza
Vancouver – Yukon-Nevada Gold (YNG-T) cut one of its best intercepts to date at its Ketza River property, about 125…
Teck to buy Fording for US$14.1 billion
Teck Cominco (TCK.A-T, TCK.B-T, TCK-N) will benefit from more than rising metallurgical coal prices in its US$14.1-…
Altius posts $52-million impairment charge
Altius Minerals’ (ALS-T) annual net income was drastically cut by its investment in a multi-billion-dollar oil refi…
Copper Mountain weighs re-opening mine in B.C.
Re-starting a past-producing copper and precious metals mine in southern British Columbia looks more and more likel…
Augen Gold explores Swayze greenstone belt
Jerome, Ont. – Michael Fowler hopes to make a gold and molybdenum discovery here in the Swayze greenstone belt, a p…
Canada Nickel to option ‘Ring of Fire’ property from Diamondex
Privately held Canada Nickel Corp. has signed an option agreement with Diamondex Resources (DSP-V, DMDXF-O) to earn up to a 51% interest in the James Bay lowlands nickel project, in northern Ontario.
Yankee Hat brings copper into the fold (July 28, 2008)
VANCOUVER– Yankee Hat Minerals (KHT-V, YKHTF-O) isn’t doodling at its Lobo del Norte site, 20 km southwest of Whitehorse, Yukon. It only optioned the project from Lobo del Norte Exploration in April,…
More coloured diamonds unearthed at Mori JV
Believed to be the first time rare coloured diamonds have been found in such great numbers in Ontario, more than half of the 5,216 diamonds recovered at the Mori joint-venture property near Wawa, Ont….