Volume 98 Number 47 Jan 7 - 13, 2013

A processing plant under construction in February 2012, at Canada Lithium's Quebec Lithium project near Val-d'Or. Source: Canada Lithium

Canada Lithium starts mine commissioning

Canada Lithium (CLQ-T) is commissioning the open pit and processing plant at its Quebec Lithium mine near Val-d’Or, Que., with first production of spodumene concentrate expected shortly, followed by lithium carbonate output early this…

Open-pit operations at at AuRico Gold's Young-Davidson gold mine in Ontario. Photo by Nancy Duquet-Harvey

Cash-rich AuRico to buy back shares

AuRico Gold (AUQ-T, AUQ-N) is flush with US$750 million in cash after selling Minera Frisco (MSNFY-O) its Ocampo mine and adjacent exploration projects, Venus and Los Jarros, in Mexico’s Chihuahua state, as well as its 50% interest in…

Coeur to take 100% of Joaquin

Some mining companies find it tough in Argentina — and particularly in less mining-friendly provinces like Chubut — where the provincial government has proposed higher taxes and royalties. And even in more benign, mining friendly…

An aerial view of the road connecting Kaminak Gold's camp to the main drill sites at the Coffee gold project in the Yukon's White Gold district. Source: Kaminak Gold

Kaminak tallies 3.2M oz. gold in Yukon

The final stretch of 2012 was promising for for shareholders of Vancouver-based explorer Kaminak Gold (KAM-V). The company saw its share price rise 44% since Dec. 10 — jumping 44¢ before closing the week at $1.43 per share. Kaminak…

Belo Sun’s Volta Grande on M&A radar

Belo Sun Mining’s (BSX-T) Volta Grande could become a potential acquisition target, as the Toronto-based firm expands and derisks the large gold project in Brazil, analysts say.

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