Cusac nabs Taurus
Vancouver — Cusac Gold Mines (CQC-T, CUSIF-O) is consolidating its grip on the historic Cassiar mining region of B.C. with the purchase of American Bonanza Gold’s (BZA-T, ABGFF-O) Taurus gold project…
Canada
GLR funds Goldfields
A final feasibility study on the Goldfields gold project near Uranium City, Sask., indicates an open-pit mine and mill would be economic.
Sage rallies on nickel numbers (June 25, 2007)
Vancouver — Junior explorer Sage Gold (SGX-V, SGGDF-O), a dime stock, saw its value double on over 21 million shares traded in less than four hours recently, after the company announced strong drill …
Trigon selling diamond assets to Diamondex (June 25, 2007)
Vancouver — Solidifying a recent move towards uranium and away from gems, Trigon Uranium (TEL-V, TELWF-O) has inked a deal to sell its diamond exploration portfolio to Diamondex Resources (DSP-V, DMD…
Editorial: Good news coming for Crystallex?
We’ve almost become accustomed to earth-shaking news in the mining sector popping up on our monitors every few days, so the busy but unspectacular week ended June 16, the twenty-fourth trading week of…
Randsburg tries to straighten itself for diamond finds in Brazil
Its been a rough ride for Randsburg International Gold (RGZ-V) over the last 10 months. An extended period on …
First Narrows cuts more high-grade copper at Chester (June 20, 2007)
Vancouver – First Narrows Resources’ (UNO-V, FNRWF-O) ongoing drill program at its Chester property in New Brunswic…
Alexis defines new zone at Lac Herbin
Sending drill rigs over to a zone it had held only conservative hopes for has paid off for Alexis Minerals (AMC-V)….
Iamgold ups Westwood resource by 128%
Vancouver – Iamgold (IMG-T, IAG-N) has more than doubled inferred resources at its Westwood gold project located 40…
Rubicon up 10% on Phoenix drilling
Short but positive gold grades from its Phoenix project in the Red Lake district pushed Rubicon Minerals (RBY-V) sh…
Market likes First Point’s nickel aspirations
Vancouver — With shares of First Point Minerals (FPX-V, FPOCF-O) rallying about 30% recently, investors seem to approve of plans by the Central American-focused gold explorer to dust off a pair of Br…
Lonmin buys into Wallbridge (June 18, 2007)
Lonmin (LNMIF-O, LMI-L) has agreed to take a private placement that could give it an 18% shareholding in Wallbridge Mining (WM-T, WLBMF-O), and cements an existing alliance in the Sudbury camp.