Canada

Potash One dealmaker Matysek turns his hand to B.C. gold

Fresh from the $434-million sale of his Saskatchewan potash explorer Potash One to German fertilizer giant K+S Aktiengesellschaft, Vancouver’s Paul Matysek is now turning his attention to a small gold explorer named Ocean Park Ventures (OCP-V),…


Initial resource for Probe Mines’ Borden Lake

Probe Mines (PRB-V) jumped 26¢ or 17.3% to $1.76 per share on news its Borden Lake gold project near Chapleau, Ontario contains about four million ounces of gold and nearly six million ounces of silver.


Venture stumbles in August 15-19 period

Vancouver – Uncertainty and caution continued to disrupt markets in the August 15-19 trading period as the S&P/TSX Venture Composite Index dropped 52.52 points to close at 1,764.84 points. While up from the low of 1,682 points hit in early…


The overall winning shot of the Urubamba salt mine in Peru. Photo by Joe Brnobic

Photo contest winners announced

The winners of the 7th annual photo competition put on by Australia-headquartered mining consultancy Snowden have been announced.


People

American Vanadium – Ron Macdonald appointed a director.


Xstrata snaps up First Coal

Global coal giant Xstrata (XTA-L) has recently sealed a $147-million cash offer for privately-held First Coal and its northeastern B.C. coking coal assets.



Puget Ventures set to become Global Cobalt

Within weeks, Puget Ventures (PVS-V) expects to complete a fundamental transformation from a modest Ontario-focused cobalt explorer into a global player, with a new name, new financing and a new focus on the Altai Republic in southern Russia.


Richmont’s lacklustre Q2 results

Richmont Mines (RIC-T, RIC-X) had a difficult second quarter, posting a net loss of $30.9 million, or 92¢ per share, which included the previously released $28-million after-tax writedown on its Francoeur mine in Quebec.“The…



Claude finds new gold zone at Seabee

Claude Resources’ (CRJ-T, CGR-X) share price got a welcome boost after hitting a new gold zone at its wholly owned Seabee gold mine in Saskatchewan.



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