Daily News

GOLD: Development reaches upper part of Island Gold Deep resource

ONTARIO – Development into the C zone has reached the upper portion of the Island Gold Deep resource, reports Richmont Mines of Montreal. Chip samples from the face taken during lateral drift development on the 560 metre level averaged a...
Apr 24, 2014 4:04PM


ZINC-LEAD: Winter drilling success for Goldstar at Julien

QUEBEC – Goldstar Minerals has been drilling at its Julien zinc-lead property 100 km east of Mattagami. Several coincident induced polarization and magnetic anomalies in the north-central part of the property were successfully tested.
Apr 24, 2014 4:03PM


GOLD: Premier to test potential pits near Hardrock

ONTARIO – Premier Gold Mines plans to drill two highly prospective open pit targets along strike from its Hardrock gold project near Thunder Bay. The Bankfield West and Viper properties will be tested.
Apr 24, 2014 4:00PM


Osisko drill results lift Abitibi Royalties to new heights

Yamana Gold (TSX: YRI) and Agnico Eagle Mines (TSX: AEM) bid for Osisko Mining (TSX: OSK) looks just a bit better today than it did yesterday.
Apr 24, 2014 3:59PM


ZINC-COAL: Tough Q1 forces Teck to lay off 600

VANCOUVER – Teck Resources reported a first quarter adjusted profit of $105 million this year, compared to $328 million in 2013. The downturn occurred in the face of weak base metal and coal prices, compared to a year earlier. Now the...
Apr 23, 2014 3:47PM


GOLD: Lexam hopes to develop open pits at historic producers

ONTARIO – Toronto-based Lexam VG Gold has the results of a preliminary economic assessment based on developing open pits to recover gold from four former producers – Buffalo Ankerite, Davidson Tisdale, Fuller and Paymaster –...
Apr 23, 2014 3:44PM


TAKEOVER: Goldcorp's offer for Osisko expires

VANCOUVER – Goldcorp says that the minimum tender offer for its takeover of Osisko Mining Corp. was not met by 11:59 pm EDT on April 22, 2014. Therefore, the offer was allowed to expire and Goldcorp did not take up any of the Osisko...
Apr 23, 2014 3:42PM


PUMPS: KSB targets energy savings with two new products

MISSISSAUGA, Ontario - KSB Pumps has introduced two innovative new product families aimed at helping pump owners reduce their energy bills.
Apr 23, 2014 3:41PM


Sandstorm axes diversified metals and energy arm

VANCOUVER — According to Sandstorm Gold (TSX: SSL; NYSE-MKT: SAND) president and CEO Nolan Watson, the calls from shareholders requesting he "clean up" sister company Sandstorm Metals & Energy (TSXV: SND; US-OTC: STTYF) had been...
Apr 23, 2014 3:40PM


NICKEL-IRON: First Point test markets Decar concentrates

BRITISH COLUMBIA – The results of the first market test of awaruite (nickel-iron alloy) concentrates from the Decar project are positive, says First Point Minerals Corp of Vancouver. The project, located 80 km north of Fort St James, is...
Apr 22, 2014 4:37PM


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