Barkerville gets the permit to tap into Bonanza Ledge
Barkerville Gold Mines (BGM-V) is on its way to bulking up production at its QR Mine in B.C. thanks to a newly permitted deposit just up the road.
Canada
Anaconda sells iron ore assets to pay down debt
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and get more focused on gold.
Venture finds gains in Nov 28 – Dec 2 period
Vancouver – The S&P Venture Composite Index continues to show significant volatility, climbing 51.74 points in the November 28 to December 2 period to end at 1,556.88 points. The upswing only recouped about half the loss from the week…
Virginia Mines a buy or hold near current levels: Cook, Casey
It is no easy task to find junior exploration companies these days with tangible assets and a share price that might not drop too significantly should the current market uncertainty be a mere prelude to a wide-scale financial system collapse.
Cameco bows out of Hathor bidding, Rio triumphs
Cameco’s (CCO-T, CCJ-N) hunt for Hathor Exploration (HAT-T) is over, leaving Rio Tinto (RIO-N, RIO-L, RIO-A) in the driver’s seat to acquire the junior and its Roughrider uranium deposit in Saskatchewan’s Athabasca basin.
Sabina Gold boosts resources at Back River
A new resource estimate by Sabina Gold & Silver (SBB-T) at its Back River gold project in Nunavut has the company’s share price moving in the right direction.
BHP looks to exit diamond business
BHP Billiton (BHP-N, BLT-L, BHP-A) is considering leaving the diamonds business, because it may no longer fit its modus operandi of owning only “large, long-life, upstream and expandable assets.”
Pretium boosts Brucejack resource to 31M oz. gold, 333M oz. silver
Pretium Resources (PVG-T) has increased gold and silver resources at its flagship Brucejack project in northwestern B.C. by as much as 460%, following a mid-year, 72,000-metre drill program.
Cap-Ex’s iron ore discovery grabs market’s attention
Just two short months ago, Cap-Ex Ventures (CEV-V) was one of the smallest and least visible explorer looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…
Munk, Bharti give millions to Ontario institutions
Two of Toronto’s most successful mining entrepreneurs are opening their wallets wide to help improve major Ontario institutions.
Armistice is on a roll
Shares of Armistice Resources (AZ-T) surged 55% to close at 24¢ on Nov. 24 after the company announced it expects gold production at its McGarry underground mine in Ontario to start in December, followed by gold sales in the first quarter…
Results continue to perk up investors at Kaminak
The deepest hole ever drilled into Kaminak Gold’s (KAM-V) early stage exploration Coffee property in the Yukon has intersected high-grade gold zones in the Latte zone.