Canada

The landscape at Newmont Mining's Hope Bay gold project in Nunavut, 150 km north of the Arctic Circle. The Northern Miner archive photo

Newmont writes off Hope Bay

Newmont Mining (NMC-T, NEM-N)has written down the entire US$1.6-billion net book value of its Hope Bay gold project in remote Nunavut. The decision comes just weeks after the company announced it was placing the project on care and maintenance…


Victoria’s Eagle to land in two years

With a feasibility study now in hand for its Eagle gold deposit on the wholly owned Dublin Gulch property in central Yukon, Victoria Gold (VIT-V) has solidified a plan that could take it from junior developer to gold miner by the end of 2014.



A driller at Gold Canyon Resources' Springpole gold project in northwestern Ontario. Photo by Gold Canyon Resources

Gold Canyon tallies 3.7M oz. gold at Springpole

After delivering a string of exciting drill results over the past two years at its Springpole gold project in northwestern Ontario, Gold Canyon Resources (GCU-V) has released a long-awaited resource update totalling 3.7 million oz. gold and…




At Rainy River Resources' Rainy River gold project, from left: vice-president of environment and sustainability Kyle Stanfield, COO Michael Mutchler and vice-president of operations Garett Macdonald. Photo by Rainy River Resources

Here comes the sun for Rainy River

An updated resource estimate based on 394 new core holes from 170,000 metres of drilling in 2011 — bringing the total to 1,279 drill holes, or 578,000 metres — has lifted the spirits and shares of Rainy River Resources (RR-T, RR-V).


At El Nino Ventures' Murray Brook polymetallic project in New Brunswick, from left: executive vice-president of exploration Bill Stone; chairman and CEO Harry Barr; and vice-president of exploration Ali Alizadeh. Photo by El Nino Ventures

El Nino Ventures posts new resource in New Brunswick

An initial resource estimate for the Murray Brook polymetallic massive sulphide deposit in New Brunswick’s Bathurst mining camp has confirmed the property’s historical resource — but with better grades — and confirms…


Cameco to take majority of Millennium project

After being trumped last year in a bidding war with Rio Tinto (RIO-N, RIO-L) for Hathor Exploration and its juicy Roughrider deposit, Cameco Corp. (CCO-T, CCJ-N) is back on the acquisition trail, announcing before markets opened on…




El Nino Ventures posts new resource in New Brunswick

An initial resource estimate for the Murray Brook polymetallic massive sulphide deposit in the Bathurst mining camp of New Brunswick has confirmed the property’s historical resource but with better grades and confirms that the deposit is…


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