‘Dark clouds’ over Tahera
Tahera Diamond’s (TAH-T, TAHEF-O) future appears about as grim as the company’s books, which have been saturated in red ink since commercial production began at its Jericho diamond mine, in Nunavut, i…
Canada
Cameco prepares for less cash in Q4 (November 19, 2007)
Record-breaking uranium prices have continued to mask the setbacks that Cameco (CCO-T, CCJ-N) has been confronting over the last year, with third-quarter net earnings reaching $275 million.
Editorial: BHP Billiton eyes Rio Tinto in mining’s biggest-ever deal
The mining industry’s merger mania returned to the very top of the food chain during the week ended Nov. 10, the 45th trading week of 2007.
NA Tungsten launches Mactung study
Vancouver — Strongly bullish on tungsten’s outlook, North American Tungsten (NTC-V, NATUF-O) has begun a feasibility study on its large Mactung project, near MacMillan Pass on the Yukon-Northwest Ter…
VMS raises $19.5M for Reed Lake
Vancouver — The first drill results from the Reed Lake copper-zinc discovery made waves in the market in recent weeks. Now VMS Ventures (VMS-V, VMSTF-O) has raised $19.5 million to fund continued exp…
Benton, Teck set drill targets
Benton Resources (BTC-V, BNRJF-O) has assayed the last of 324 grab samples taken this summer from its Kingurutik Lake copper-nickel-cobalt property in Labrador, confirming mineralization in numerous z…
Dome Lemieux nothing if not complicated
SITE VISIT Sainte-Anne-des-Monts, Que. — “Are we sitting on a magmatic deposit?” asks an investor on a recent tour of Threegold Resources’ (THG-V, TRLDF-O) Dome Lemieux project, as he joins…
Golden Band moves toward production
SITE VISIT La Ronge, Sask. — After more than a decade of land acquisition and exploration on its La Ronge gold belt projects in northern Saskatchewan, the crew of Golden…
Queenston sees Upper Beaver gold, copper
Queenston Mining’s (QMI-T, QNMNF-O) drilling program on the porphyry and syenite breccia zones at the Upper Beaver property east of Kirkland Lake, Ont., is intersecting mineralized zones with high-gra…
Claude adds ounces at Seabee (November 19, 2007)
Saskatoon, Sask.-based gold miner Claude Resources (CRJ-T, CGR-X) has added to gold reserves at its underground Seabee mine in northeastern Saskatchewan.
New gold zone at Juby (November 19, 2007)
Drilling by Temex Resources (TME-V, TMXRF-O) at its Juby joint-venture property, 20 km west of Gowganda, Ont., has discovered new gold mineralization on the deposit.
Vior outlines Douay resource
A new resource calculation for Vior Mining Exploration (VIO-V) has doubled the size of the Douay gold deposit, about 60 km south of Matagami, Que.