Royal Gold Buys Andacollo Royalty
VANCOUVER — Teck (TCK. B-T, TCK-N ) and its minority partner have agreed to sell a major share of the anticipated gold stream from their Carmen de Andacollo copper-gold mine in Chile to Denver-based …
News
Rio Tinto To Idle Diavik, QIT-Fer
Autumn’s global collapse in diamond demand continued to ripple through Canada’s diamond mines during the thirteenth trading week of the year, as the lively Canadian diamond scene grapples with its fir…
The Canadian government’s new CSR strategy
The following is the introduction to Building the Canadian Advantage: A Corporate Social Responsibility (CSR) Strategy for the Canadian International Extractive Sector, produced by Foreign Affairs and…
First Resource On Fronteer’s Long Canyon
Fronteer Development Group’s (FRG-T, FRG-X) has long said that its Long Canyon gold deposit in the heart of the Pequop mountain range in northeastern Nevada may define an entirely new gold trend, and …
Tower Hill Raises $10M, Doubles Livengood Drill Program
VANCOUVER — A March financing brought in twice as much as it expected, so International Tower Hill Mines (ITH-V, THM-X) has doubled the size of its drill program at the Livengood gold project in Alas…
People (April 13, 2009)
Archangel Diamond — Tony Guthrie has resigned as a director; Robin Smart appointed a director.
First Quantum Earns US$45.9M In 2008
VANCOUVER — Despite record copper production First Quantum Minerals (FM-T, FQVLF-O) managed to earn just US$45.9 million in 2008 as the plunging copper price forced the company to take major investme…
Noranda Income Fund Cuts Jobs, Production
A drop in zinc and sulphuric acid demand has forced the Noranda Income Fund (NIF. UN-T) to cut 45 jobs at its zinc plant in Salaberryde- Valleyfield, Que.
Aurizon Thrives In Midst Of Downturn
VANCOUVER — Aurizon Mines (ARZ-T, AZK-X) is one of those companies happy to be mining gold.
Toronto Stock Exchange – March 31-ApriL 6
Prime Minister Stephen Harper boasted about the strength of Canada’s resource-heavy economy and sound banking system during the G20 summit in London, UK, that took place during the March 31-April 6 tr…
Great Basin Raises $130M For Burnside Gold Project
Great Basin Gold (GBG-T, GBG-X) is determined to get its Burnside gold project in South Africa up and running by July 2010 and has completed an equity financing to do it.
Quebec Promises Northern Highway Improvements
Mining and exploration companies are elated that the Quebec government has set aside about $698 million for road infrastructure projects in the province’s north.