The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization and Champion Minerals (CHM-T) has increased its drill program there by 2,000 metres to 7,000 metres.
Vancouver – Foundation Resources (FDN-V) and 40% joint venture partner Alto Ventures (ATV-V) have been releasing a steady flow of gold results from its winter drill program at their Coldstream project in northwestern Ontario.
Harry Winston Diamond Corp. (HW-T, HWD-N) says it is on track to produce 6.9 million carats this year, up from 6.5 million in 2010, at the Diavik mine.
The first resource estimate for the East Zone of the Roughrider uranium deposit in Saskatchewan’s Athabasca Basin doubles the overall size of the deposit, Hathor Exploration (HAT-T) reported today.
Vancouver – The S&P TSX Venture Exchange had another tough week, dropping 50.38 points in the May 9 to 13 period after three days of losses outweighed two days of gains. The board ended at 2,038.22 points, the lowest in 2011 and a level not…
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (clm-t) by resource giant Cliffs Natural Resources (clf-n) finally comes to a close, investors can’t help but wonder which company in the area is next in…
In last week’s feature on HudBay Minerals (HBM-T, HBM-N), we referred to the company’s Lalor project in Manitoba as a nickel-copper-gold-silver deposit, when it is in fact a gold-copper-silver-zinc deposit.
Trevali Mining (TV-T) hit the thickest mineralized intercept yet at its new Halfmile polymetallic project in New Brunswick.
Shallow drilling has returned several high-grade intercepts for Auriga Gold (AIA-V) at its Maverick gold project in northwestern Manitoba.
Corporate social responsibility (CSR) is still a largely voluntary, loosely defined initiative in the resource-extraction industries, but pressures from a number of sources make it harder and harder to ignore.
Northgate Minerals (NGX-T, NXG-X) will pour its first gold at its 100%-owned Young-Davidson mine late in the first quarter of 2012.
Vancouver – A combination of low grades and machine troubles led to a difficult quarter for Aurizon Mines (ARZ-T, AZK-X), but the company reports that it expect to return production to normal as it also embarks on extensive exploration plans.
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