New Gold buying surface rights to Afton mine
New Gold (NGD-T, NGD-A). is taking a critical step toward the development of its New Afton copper gold project in B…
Canada
Kwanika drill hole ignites Serengeti stock
Vancouver – Serengeti Resources (SIR-V) says drilling on its Kwanika property in north central British Columbia ha…
Anglo kickstarts coal mine in northeastern B.C.
Vancouver – Having reopened its Trend coal mine, a consortium led by Anglo Coal Canada is eyeing expansion near Tum…
Ecstall rejects takeover bid from Mantle
Vancouver – Ecstall Mining (EAM-V, ESMGF-O) is telling shareholders to reject a takeover bid by Mantle Resources (M…
Nuinsco nickel spinout ready for vote
Management of Nuinsco Resources (NWI-T, NUIRF-O) has set a meeting of shareholders for Jan. 26 to consider a spinof…
Silver Wheaton Takes 14% of Sabina
Vancouver — Aspiring Nunavut silver-zinc producer Sabina Silver (SBB-V, SBBFF-O) has secured a major new shareholder with Silver Wheaton (SLW-T, SLW-X) stepping up to invest $12.9 million in the comp…
Astral Trenches High-Grade Gold at Jumping Josephine
Vancouver — Wide, high-grade gold values from a second-phase trenching program on the Jumping Josephine (JJ) project in southeastern B.C.’s Rossland-Republic trend gave Astral Mining (AST-V, ASMGF-O)…
Marathon Sprints to Production
Marathon PGM (MAR-V, MRPGF-O) plans to begin construction of its open-pit platinum group metals- copper mine near Marathon, Ont., 300 km east of Thunder Bay, by the fourth quarter of this year.
Aldershot’s Quebec Uranium Search Garners Mixed Reviews
Vancouver — Aldershot Resources (ALZ-V, ALZTF-O) says it’s considering holding town hall meetings in southwestern Quebec to respond to allegations that its activities may be infringing on the rights …
Ashton Board Agrees to New Merger Plan
A proposal from Stornoway Diamond (SWY-T, SWYDF-O) to merge Ashton Mining of Canada (ACA-T, AMCFF-O) into one of its wholly owned subsidiaries has met the Ashton board’s approval.
CanAlaska Options Reserve Lands in Athabasca Basin
Vancouver — CanAlaska Uranium (CVV-V, CVVUF-O) has optioned a 385-sq.-km land package, located on the northern rim of Saskatchewan’s Athabasca basin, from the Fond Du Lac Denesuline First Nation.
San Gold Sees Rice Lake Grow
Vancouver — Armed with a new report on its Rice Lake project, San Gold (SGR-V, SGRCF-O) has tallied an increased resource for its gold deposits located near Bissett, in southeastern Manitoba.