Noront Resources Ltd. and Rosseau Asset Management Ltd. announce that they have agreed to a jointly determined single slate of directors for election at Noront’s annual and special meeting of shareholders to be held on October 28, 2008 (the “Meeting”). The new Board will have a strong mandate to move the Company forward in the [...]
Pele Mountain Resources Inc. announced today that the Company has submitted the Project Description for its Eco Ridge Mine to the federal government’s Major Projects Management Office and the Canadian Nuclear Safety Commission (CNSC). The submission of this document initiates the official permitting process for the Company’s planned uranium mine and processing facility near Elliot [...]
Baffinland Iron Mines Corporation announces several additions to the Baffinland team charged with advancing the Company’s world class Mary River iron ore deposits to development. Since Rod Cooper, P. Eng., Vice President Operations and COO, and Rob Chausse, C.A., Vice President and CFO, joined the Company in March 2006, Baffinland management has successfully recruited additional [...]
Greystar Resources Ltd. is pleased to report that drilling is continuing to enhance the potential and understanding of the northeast area of its wholly-owned, multi-million ounce Angostura gold-silver resource in northeastern Colombia.
“The northeast area of the deposit that comprise Veta de Barro, El Pozo, Veta de Barro East and La Alta East has now [...]
UEX Corporation (”UEX”) is pleased to announce the results of the 2006 winter drilling program and the commencement of a 2006 summer drilling program on its 100% owned Hidden Bay Uranium Project (”Hidden Bay”). Hidden Bay is located in the eastern Athabasca Basin of northern Saskatchewan and totals 57,721 hectares (142,571 acres) in size.
2006 Hidden [...]
Mano River Resources is developing gold and diamonds projects in West Africa and also has its eyes on a promising iron ore prospect in the same region.
The company is listed on the TSX-V and AIM exchanges (ticker symbols MON and MANA respectively. The stock is well distributed with 40% owned by institutions and 15% in [...]
Stornoway Diamond Corporation (”Stornoway”) (TSX:SWY.TO) is pleased to announce that it will make an offer to acquire all of the outstanding shares of Ashton Mining of Canada Ltd. (”Ashton”) (TSX:ACA.TO). Concurrent with the Ashton offer, Stornoway will also make an offer to acquire all of the outstanding shares of Contact Diamond Corporation (”Contact”) (TSX:CO.TO).
The successful [...]
Landmark elections in the Democratic Republic of Congo (DRC) this month could usher in a mining boom for the country whose mineral riches in the past have produced as much war, corruption and misery as wealth.
The July 30 polls are seen as a crucial step in bucking a historical trend in the DRC: from the [...]
Peninsular Gold (AIM: PGL) today announces an increase in the inferred resources at its Raub project to 2.8 million tonnes at 1.5 g/t gold containing 135,000 ounces gold using a 0.6 g/t cut-off grade.
This increase is based on 81% of the 15,700 metres drilled in the ongoing drilling campaign and thus is expected to increase [...]
Investors looking to turn a profit on Ottawa-based companies during the first six months of 2006 would have been wise to shun the big technology names and focus on small-cap mining stocks.
Northern Shield Resources, which trades on the Venture Exchange, was the best-performing Ottawa stock in the six-month period ended June 30, soaring 173 [...]
