UEX delivers hot uranium hole from Hidden Bay (October 03, 2006)
Vancouver – Drilling by UEX Corporation (UEX-T, UEXCF-O) on its Raven-Horseshoe deposit, situated on the Hidden Bay…
Canada
Canarc pulls more high-grade intercepts from New Polaris
Vancouver – An ongoing drilling program by Canarc Resource (CCM-T, CRCUF-O) has returned more high-grade intercept…
Aber buys rest of Harry Winston
Aber Diamond (ABZ-T, ABER-Q) has completed the US$157-million buy-out of its minority partners in famed jeweller Ha…
NovaGold wins round in battle over Grace
Vancouver The British Columbia Ministry of Energy, Mines and Petroleum Resources has concluded that three years o…
Strike averted at Teck Cominco’s Highland Valley mine
Vancouver – With the help of a mediator, Teck Cominco (TCK.B-T, TCK-N) and Local 7619 of the United Steel Workers o…
De Beers Disposes of Interest in Saskatchewan Diamond Play
De Beers, the world’s leading diamond player, is selling its entire 42.25% interest in the Fort la Corne (FalC) diamond project in Saskatchewan to Shore Gold (SGF-T, Shgdf-O) for $180 million in cas…
Denison to Take Over IUC
Denison Mines (DEN-T, DNMIF-O) plans to move back into the mid-tier of uranium producers through a friendly merger with International Uranium (IUC-T, IUCPF-O)….
Stornoway to Take Up Ashton, Contact Shares
Stornoway Diamond (SWY-T, SWYDF-O) has taken up the shares tendered under its bids for Ashton Mining of Canada (ACA-T, AMCFF-O) and Contact Diamond (CO-T, CONPF-O), but Ashton management still opposes…
Patrician Diamonds’ Sahtu Drilling Disappoints
Vancouver — Drill results from Patrician Diamonds’ (PXC-V, PCGDF-O) Sahtu project, in the McKenzie River Valley region of the Northwest Territories, disheartened investors and prompted a sell-off in…
Diamonds North Finds More Amaruk Kimberlites
A first pass of drilling by Diamonds North Resources (DDN-V, DNORF-O) on its wholly owned Amaruk property in the Pelly Bay area of Nunavut has resulted in the discovery of four new kimberlite bodies,…
Newmont Drops Matrix
Vancouver — After spending US$2.2 million on exploration over three years, Newmont Mining (NMC-T, NEM-N) has terminated an option to earn up to a 70% interest in the Matrix gold project west of Arvia…
Drilling and Prestripping Continue at Minto
Vancouver — Recent exploration drilling by Sherwood Copper (SWC-V, SWOPF-O) has intersected additional high-grade mineralization at the Minto copper-gold project being advanced to production in the Y…