Canadian Junior
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Nunavut's first diamond mine owners owe Canada $2 million
Shear Diamonds’ executives have been missing since last year.
Death of mining executives in Mexico likely to be elaborate scam: report
Mexican authorities and U.S. Consulate in Guadalajara unable to confirm the deaths. Investors claim nobody ever met the executives.
Men found dead in Mexico river said to be Southridge Minerals main executives
The bodies, corresponding to two men in their late 30’s, were found by farmers who also recovered documents with the names of Michel Davies and Derald Johnston, which are the names of the firm's CEO and CFO.
Quest provides update on Strange Lake B-Zone rare earth element project in Canada
Significant development work completed at Quest Rare Minerals's project between Québec and Labrador.
Owners of Nunavut's first and only diamond mine nowhere to be found
Canadian junior miner Shear Diamonds executives and website seem to have vanished off the face of the earth.
One third of junior miners to disappear in 2013: Brent Cook
The senior geologist and analyst says those companies simply don’t have viable properties.
Transition Metals almost doubles Janice lake copper project area
The property now includes 11,684 ha (117 km2) up from the original 6,880 as per March last year.
Juniors place Mexico among top gold-producers
Relatively high gold prices during 2012 compelled companies to start mining more aggressively in the challenging terrain of the Guerrero Gold Belt (GGB), an emerging gold mining district in Mexico.
Canadian junior Stornoway surges on diamond recovery
Stornoway Diamond (TSX:SWY,) shares climbed 24% to 63 cents on Tuesday after the company reported the recovery of a 9.78-carat diamond during the ongoing processing of the Renard 65 bulk sample.
Barkerville shareholder petitions for AGM
A shareholder has this morning filed a court petition against Vancouver-based Barkerville Gold Mines Ltd. (TSX-V:BGM), which has attracted market and regulator skepticism in recent months over an alleged massive gold discovery.
Patagonia Gold makes first pour at Argentinian project
South America-focused gold and silver miner Patagonia Gold (LON:PGD) (TSX:PAT), announced Monday it produced its first doré gold bar from its Lomada de Leiva gold and silver project in the province of Santa Cruz in Argentina.
Nunavut to make Canada a diamond powerhouse
Mining has become the main contributor to Canada’s Nunavut Gross domestic product (GDP), eclipsing even the government. From all the territory's riches, experts believe that diamonds will play the biggest role in Canada’s future.
Stornoway Diamond receives award for social responsibility
Canadian junior Stornoway Diamond Corporation (TSX-SWY) announced Thursday it has received an award for the “high level of environmental and social responsibility” shown in the advancement of the Renard Diamond Project.
Tiffany lends Diamcor $4 million to expand diamond project in South Africa
Canadian diamond supplier Diamcor Mining Inc. (TSX-V.DMI) has secured an additional $4 million loan from its long-term strategic alliance partner Tiffany & Co., to expand the Krone-Endora diamond project in South Africa.
Thunder Mountain Gold Finalizes $18 Million Joint Venture Agreement for the South Mountain Mine
Canadian junior Thunder Mountain Gold, Inc. (TSX-V: THM) has finalized the previously announced joint venture agreement with ISR Capital, a Boise, Idaho based private equity group.
Peruvian company acquires Canadian gold junior Andina Minerals
Peruvian precious metals miner Hochschild (LON:HOC) is acquiring Canadian Andina Minerals (TSX-V:ASM), after the junior gold miner agreed late Thursday to a friendly takeover.
Junior miners see light at the end of global downturn tunnel
While the harmful effects of the slumping global economy over junior miners are nothing new, companies that have seen their value down on the TSX Venture Exchange this year and so experienced more difficulties raising cash, may soon see a few glimmers of hope.
Pele Mountain Achieves Processing Milestone: Mixed Rare Earth Concentrate and Yellow Cake Produced at Eco Ridge
The Canadian junior achieved a significant milestone with the production of a mixed rare earth carbonate concentrate along with uranium oxide, also known as yellow cake.
Endeavour Mining closes $389 million Avion Gold acquisition
Vancouver-based Endeavour Mining (TSX:EDV, ASX:EVR) has closed the full acquisition of Toronto-based Avion Gold Corp. (TSX:AVR), in a deal originally valued at $389 million.
Riverstone Resources and Blue Gold Mining merge in a $30 million deal
Vancouver-based Riverstone Resources signed Thursday a deal to acquire Blue Gold Mining, in an all-share deal valued at $30.3 million, which will allow the new company to strengthen its exploration and near-term production activities at properties in West Africa.
Lumina Copper not ready for a takeover this year
Canadian Lumina Copper Corp. (CVE:LCC) fell 8.5% Tuesday after the company hinted its expected sale will have to wait as it plans to carry a study at its Taca Taca massive copper/gold/molybdenum deposit in Argentina.
Canadian Timmins Gold Corp reports bullion output surge
Canadian Timmins Gold Corp. (TSE:TMM) said Tuesday it produced 25,153 ounces of gold from its San Francisco mine in Sonora, Mexico, in the third quarter. This represents nearly 49% more than a year earlier.
Northair significantly increases land position at La Cigarra silver project, Mexico
The new concessions increase the original size of the La Cigarra silver property by over 100 times from 306 hectares to 32,064 hectares, consolidating a large land package over a prospective and largely under-explored area.
BC to lead mining jobs creation in Canada: report
British Columbia, Canada's most western province, will employ over 16,700 mining professionals in the next 10 years according to a report released Wednesday by the Mining Industry Human Resources Council (MiHR) in partnership with the BC Mining HR Task Force.
Edgewater enters agreement to sell royalty interest on the Corcoesto Gold project
Canadian exploration company Edgewater got a $5 million financing through the sale of royalty interests on the Company's 100% owned Corcoesto Gold Project in northwest Spain.
Record surge of mining claims in western Canada
An exceptional number of mineral claims have been filed in British Columbia, Canada, over the last three years and more than 11,000 were filed in the first seven months of 2012.
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