Natives stop uranium drill program
A private uranium exploration company has launched a $77-million lawsuit against two First Nations groups that have set up a blockade on an exploration property in the Sharbot Lake area of eastern Ont…
Canada
Lake Shore, Porcupine JV finalize Bell Creek deal (August 06, 2007)
After protracted negotiations and an extension to due-diligence investigations, Lake Shore Gold (LSG-T, LSGGF-O) and the Porcupine Joint Venture have reached a final agreement on the sale of the Bell …
Xstrata sells exploration portfolio to Pure Nickel
Pure Nickel (NIC-V) has closed its deal to buy Falconbridge’s portfolio of Canadian nickel exploration properties f…
Coal power waste is Sparton’s uranium treasure
Sparton Resources (SRI-V) and WildHorse Energy (WHE-A) have signed a deal with a Hungarian electricity producer to …
Canada lacks diamond-savvy investors
When Bruce Counts, president and CEO of Indicator Minerals (IME-V), was in university, his professors merely glosse…
Brett hits long gold at Hammond Reef (August 02, 2007)
Vancouver – Brett Resources (BBR-V) is pulling long gold intersections at Hammond Reef in southwestern Ontario, 170…
Molybdenite find has Freeport up
Freeport Resources (FRI-V) announcement that it has verified molybdenite in samples from two adits at its Q projec…
Cameco’s Q2 earnings up 166%
As it deals with contamination, delays and production problems, Cameco (CCO-T) reported a record $205 million in ea…
Suppliers News (July 30, 2007)
Caterpillars to invade Venezuela
Cream rises on Manitoba nickel intercept (July 30, 2007)
Vancouver — Cream Minerals’ (CMA-V, CRMXF-O) first test hole on its Wine-Radar Lake property, in northern Manitoba, has delivered promising results, cutting 20.4 metres of 1.3% nickel and 2.27% coppe…
Roca lines up $13M financing
Vancouver — In a move to bolster the treasury as its Max molybdenum mine advances to production, Roca Mines (ROK-V, ROCAF-O) has arranged a $13-million bought-deal financing.
Serengeti sees sell-off on latest intercepts
Vancouver — The final batch of assays from Serengeti Resources’ (SIR-V, SGRNF-O) spring 2007 drill campaign on its Kwanika project prompted a 35% drop in the company’s share price as investors sold o…