Far North beckons Cumberland
By advancing the Meadowbank project in eastern Nunavut to production, Cumberland Resources (CBD-T) is positioning itself to become Canada’s next mid-tier gold producer.Covering some 350 sq. km along a…
Comaplex Minerals Corp
Cumberland looks to Canada’s Far North
Baker Lake, Nunavut — Convinced that its wholly owned Meadowbank gold project in the Canadian Arctic has the potential to deliver 250,000 oz. annually, Cumberland Resources (CBD-T) is spending $6.4 m…
Cumberland cuts high grades at Meadowbank
Definition drilling by Cumberland Resources (CBD-T), aimed at expanding the resource of its wholly owned, 3-million-oz. Meadowbank gold project in Nunavut, is intersecting high-grade gold mineralizati…
Comaplex eyes Zopilote in western Honduras
Vancouver — Comaplex Minerals (CMF-T) can acquire a half-interest in the Zopilote deposit in western Honduras. The property is held by Doublestar Resources (DSR-V).To do so, Comaplex must spend $2.5 …
Silver Standard boosts Challacollo (April 08, 2002)
Vancouver — Results from a 7-hole drill program have increased the economic prospects of the the Challacollo silver-gold property in northern Chile.Silver Standard Resources (SSO-V) carried out the 7…
Alcoa tipped in takeover of WMC
The board of directors of Australian-based WMC (WMC-N) are reportedly mulling over an unconfirmed cash-and-share takeover bid, worth as much as US$6.2-billion (A$12 billion), or A$11 per share, from U…
Gold Fields to buy WMC’s gold mines
Consolidation in the gold sector continues apace, with South Africa’s Gold Fields (GOLD-Q) striking a deal to buy WMC’s (WMC-N) St. Ives and Agnew mines in Western Australia.Gold Fields will pay US$18…
Maude Lake drills Comtois
Montreal-based Maude Lake Exploration (MAU-M) has started a 4,000-metre drilling program at its 50%-held Comtois property near Lebel-sur-Quvillon, Que.The program is aimed at increasing resources in …
Meliadine West put on block
Australia’s WMC has notified its two Canadian partners, Cumberland Resources (CBD-T) and Comaplex Minerals (CMF-T), that the Meliadine West gold project in Nunavut will be included in the packa…
Noranda reworks Lomas Bayas deal with Falco
The biggest news among Canada’s base metal producers over the May 2-8 report period was the revelation by Noranda that it is shuffling off its stake in the proposed purchase of the Lomas Bayas open-pi…
Northern gold explorers focus on adding bulk
Size matters, especially with regard to gold projects in the Far North. As the yellow metal continues to languish below US$275 per oz., gold explorers in this high-cost environment are focusing on add…
Meadowbank resource grows
A new resource estimate has substantially increased the known tonnage of the Meadowbank gold project in Nunavut.Cumberland Resources (CBD-T) reports that the new resource estimate is based on 383 dril…