News


Korean partners exercise option in Cobre Panama

Korea Resources Corp. and LS-Nikko Copper are exercising their option to take a 20% stake in Cobre Panama, a large open-pit copper development project in Panama owned by Inmet Mining (IMN-T).  


Three companies better than one for Western Copper family

Vancouver – Convinced its portfolio of projects weren’t being adequately appreciated in the market, Yukon-focused Western Copper last year decided to spin out everything but its flagship Casino project into two new companies.


Pacific North jumps on River Valley

Pacific North West Capital (PFN-T) saw it shares surge 24% as it released another nine assays from its River Valley primary platinum group metals (PGM) deposit near Sudbury, Ont.


Golden Predator makes gains in the Yukon

The New Year got off to a strong start for Golden Predator (GPD-T) in the Yukon with drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek. 


Helio high on southern Tanzania

Helio Resource Corp. (HRC-V) continues to show that Tanzania has plenty of gold potential further south than most Western investors would have it.


Teck to buy SilverBirch Energy

Teck Resources (TCK.B-T, TCK-N) is raising its exposure to Alberta’s oil sands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth about $435 million. The acquisition will give Teck the rest of the Frontier oil…


Auracle shares pop 51% before drill results

Shares of new Vancouver-based gold explorer Auracle Resources (AAL-V) spiked 51% last week to 46¢ apiece before the release of assay results from the company’s first round of drilling at its Mexican Hat gold property in Arizona.


People

Alcoa – Mark Davies appointed president of global business services.


Drillers at work at Inmet Mining's Cobre Panama copper project, 20 km west of Panama City. Photo by Inmet Mining

Inmet’s Cobre Panama clears environmental hurdle

Inmet Mining (IMN-T) shares surged $3.12 apiece, or 4.76%, to close at $68.62 in the new year after the company announced that the Panamanian government  has approved an environmental and social impact assessment for its Cobre Panama…



Drillers on a rig at Coalspur's flagship Vista coal project in Alberta. Photo by Coalspur

Coalspur quietly advances Vista

Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…


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