Just one month after dismissing the Dec. 20, 2010, takeover bid of joint venture partner NovaGold Resources (NG-T, NG-X) as “inadequate,” and only one week after suing it for allegedly failing to honour certain terms of the JV contract, the…
A failed cone crusher was the latest of several setbacks over the past year at Century Mining’s (CMM-V) Lamaque underground gold mine in Val d’Or, Que. The loss of the crusher shut down the Lamaque mill for nine days in February, and along with…
Tata Steel of India has joined the ranks of foreign steelmakers trying to nail down long-term iron ore supply in Canada. The South Asian steel giant has signed a binding agreement with New Millennium Capital (NML-V) to develop the…
Vancouver – Financially troubled gold producer Century Mining (cmm-v) has agreed to an all-share takeover bid by White Tiger Gold (wtg-t), a newly listed gold miner 74% controlled by Russian mining promoter Maxim Finskiy. Century has struggled…
Vancouver – The federal government of Canada has announced it is providing $1.8 million in funding for a new cutting-edge geophysical survey technology from Vancouver called muon geotomography. Developed by University of British Columbia…
Prodigy Gold (PDG-V) continues to hit significant gold intercepts as it drives to push its Magino Mine gold project back into production. The latest results from infill drilling were highlighted by a long intercept of 261 metres grading 1.13…
Vancouver – Government policies of Latin American countries such as Guatemala, Bolivia, Venezuela and Honduras have dragged down investment in the entire region according to the Fraser Institute’s Annual Survey of Mining Companies for 2010/11….
Gold Canyon Resources (GCU-V) found some light on an otherwise cloudy day for markets as it struck a significant amount of gold near Red Lake.
Colossus Minerals – Steven Poad resigned as CFO; Claudio Mancuso appointed CFO.
On paper, Royal Nickel (RNX-T) looks like a winning combination: A management and advisory team stacked with former Inco guys and seven billion pounds of nickel in the ground in Quebec’s Abitibi region, one of the friendliest mining…
After months of encouraging drill results, Richfield Ventures (RVC-V) has established a multi-million oz. gold resource at its Blackwater gold project in central British Columbia.
Sennen Resources (SN-V) is showing its faith in Arctic gold by cutting a deal with North Arrow Minerals (NAR-V) for a stake in its Hope Bay Oro gold project in Nunavut.
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