People (June 13, 2011)
Alamos Gold – Jon Morda retired as CFO; James Porter appointed CFO; Greg Fisher appointed VP of finance.
2011
Canada Lithium shrinks Quebec Lithium’s resource
This year has been a bumpy ride for Canada Lithium (CLQ-T). The company has lowered the measured and indicated resource estimate for its Quebec Lithium project near Val d’Or, Que., by 37% compared to the previous estimate, which was prepared…
Market news (June 13, 2011)
Toronto Stock Exchange
Riverstone drilling enriches its Karma
Vancouver – The latest drill results from Riverstone Resources’ (RVS-V) Karma project look to be pushing known mineralization further south on the Gouglagou I zone and deeper on the Gouglagou II zone.
Taseko’s Q1 earnings fall short
Taseko Mines (TKO-T, TGB-X) saw higher first-quarter profits compared to last year, but still fell below expectations.
Minera Andes beefs up San Jose
Minera Andes (MAI-T, MNEAF-O) continues to get a better grasp of the system of gold and silver bearing veins that spread through its San Jose mine in Argentina even as the mine generates cashflows for the company. The latest round of results…
Two workers killed at Vale’s Stobie mine have been identified
The two workers killed late Wednesday night from falling debris at Vale’s (VALE-N) Stobie underground mine in Sudbury, Ontario, have been identified as Jason Chenier, 35, and Jordan Fram, 26.
2011 Exploration well underway in White Gold district
Vancouver – As the Yukon’s exploration season emerges from the spring melt, investors are once again looking north for exiting news after a winter lull.
Temex Resources posts resource for Gowganda tailings
Between 1910 and 1972 the Miller Lake O’Brien silver mine in northeastern Ontario turned out 42 million ounces of silver. It also left behind a lot of silver in tailings piles — 2.96 million ounces to be precise.
Luna advances multiple projects in northeast Brazil
Vancouver – Working away in the relatively remote San Luis Craton of northeast Brazil, Luna Gold (LGC-V) has commissioned one gold mine, is advancing a second project to the scoping stage and holds an extensive greenfield land package in the…
Brazilian Gold looks to Tapajos
Brazilian Gold (BGC-V) wants investors to get familiar with Brazil’s Tapajos region. While the area in the north central part of the country is the largest alluvial gold district in Brazil — and third largest in the world – it has gone largely…
Largo Resources makes headway in Brazil
Largo Resources (LGO-V) acquired its Brazilian Maracas vanadium project in November 2006 and by September 2008 had taken the resource from 10 million tonnes to 23 million tonnes and completed a feasibility study. Between 2005 and 2008, the…