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
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.
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
Mineral resource update lifts diamond exploration company
Stornoway Diamonds (TSX: T.SWY) was the focus for chatter about its share price and its peers on a day when the company’s share price jumped 18% to 36 cents after it said its latest resource work had substantially increased the mineral estimate at its north central Quebec project.
Coal explorer soars on distribution agreement
North American Gem (TSX: V.NAG) surged 2.3 cents or 23% to 13 cents after the company announced that it had entered into an agreement with Safeco of Corbin Kentucky to operate a coal preparation and rail loading facility. The company said that the Corbin facility was central to the coal area the company is developing.
Silver miner receives takeover offer
Shares of Aquiline Resources (TSX: T.AQI) shot up 28% to $7 on Wednesday after the silver miner announced it has signed a support agreement pursuant to which Pan American Silver (TSX: T.PAA) will make a formal take-over bid to acquire all of the issued and outstanding shares of Aquiline.
Junior miner surges on gold resource increase
Coral Gold Resources (TSX: V.CLH) shares climbed as much as 22% to $1 on Friday after the micro cap miner reported that it has received a revised resource estimate for the Robertson Property in Nevada, which shows a 47% increase in the inferred gold resource to 3.4 million ounces. The estimate utilizes lower cut-off grades to reflect positive movement in the price of gold over the last three years.
Explorer soars on gold intercepts
ATAC Resources (TSX: V.ATC) shares soared 37% to 78 cents on Wednesday after the micro cap explorer reported new gold intercepts from its wholly-wned Rau property in the Keno Hill District of Yukon Territory, which included 23.01 grams per tonne (g/t) gold over 20.67 metres.
Q2 results in for FNX Mining
In breaking news Friday, FNX Mining (TSX: T.FNX) reported its results for its Sudbury Mining Operations and its DMC Mining Services business for the second quarter, including consolidated net earnings of $12.5 million or 14 cents per share on revenues of $61.9 million.