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Archive for ‘Mining’

Nickel junior to sell production to Jinchuan

Belvedere Resources (TSX: V.BEL) shares climbed 38% to 22 cents on Thursday after the junior miner reported that its wholly-owned subsidiary, Belvedere Mining Oy, has signed a fixed price sales agreement with China’s Jinchuan Group Ltd

Explorer shines on copper results

Coro Mining (TSX: T.COP) shares surged 13% to 55 cents on Wednesday after the junior explorer reported that its Chilean subsidiary, Minera Cielo Azul Ltda (MCAL), has completed a five hole...

Insider buying shares of Ring of Fire explorer

Shares of Noront Resources (TSX: V.NOT) jumped 10% to $1.56 on Friday after the junior explorer reported that the logistics halt which, had been implemented at Koper Lake has ended, effective Friday, March 19 at 8:00 am.

Gold takeover offer not applauded by everyone

Underworld Resources (TSX: V.UW) shares jumped sharply after it announced Kinross Gold (TSX: T.KGC) had made a friendly takeover bid for the company.

Initial drill results drive gains for gold explorer

On gold news, shares of Eagle Hill Exploration (TSX: V.EAG) surged 48% to 21.5 cents.

Ring of fire prospector shares surge

MacDonald Mines Exploration (TSX: V.BMK) shares jumped 17% to 23 cents on Thursday in a down market.

Junior mining stock pops on copper/gold purchase

Crazy Horse Resources (TSX: V.CZH) shares climbed 36% to 51 cents on Friday after the micro cap miner said it has entered into a letter of intent with Asian Arc Minerals to purchase Asian Arc's 100% interest in two mining exploration permit applications covering the Kayapa Copper-Gold Porphyry Project in the Philippines

Junior miner jumps on gold drill results

Eagle Hill Exploration (TSX: V.EAG) shares surged 34% to 21.5 cents on Wednesday after the micro cap miner reported assay results from its initial splitting and assaying of up to 8,700 meters of previously drilled, but un-sampled, core from the Windfall Lake Property in Quebec, which included 5.95 grams per tonne (g/t) of gold over 21.35 meters.

Junior miner powers higher on gold results

Northern Gold Mining (TSX: V.NGM) shares climbed 45% to 27.5 cents on Friday after ValGold Resources (TSX: V.VAL) reported drill results for the first two holes of the 2009 program on its 100% owned Garrison property in northern Ontario.