Buyer emerges for Coalspur Mines
When The Northern Miner visited Coalspur Mines’ (TSX: CPT; ASX: CPL) Vista coal project on the eastern edge of the Rocky Mountains in late 2010, seaborne thermal coal prices were trading at US$120 per tonne.
Canada
Great Panther to snatch Cangold for $1.7M
Mexican-focused producer Great Panther Silver (TSX: GPR) is buying Cangold (TSXV: CLD; US-OTC: CGLJF) primarily to get its paws on the Guadalupe de los Reyes (GDLR) gold-silver project in Sinaloa state, in an all-share deal worth $1.7 million.
TSX closes higher, Feb. 23-27
Canada’s main stock index climbed as mining stocks rose on the back of higher commodity prices ahead of the annual Prospectors & Developers Association of Canada convention in Toronto. The four-day event started on March 1 and should…
North American Palladium tables ‘low-cost, low-risk’ expansion plan for LDI
VANCOUVER — North American Palladium (TSX: PDL; NYSE-MKT: PAL) is planning to take its Lac des Îles (LDI) platinum group metals (PGM) mine back to its roots with a recent preliminary economic assessment (PEA) that would see the…
TSX Venture on the rise, Feb. 23-27
The S&P/TSX Venture Composite gained on the back of rising metal futures, rising 1.7%, or 11.79 points, en route to a 706.73-point close. Statistics Canada reported that, on a seasonally adjusted monthly basis, the Consumer Price Index…
PDAC 2015: Canadian gov’t extends tax savings for exploration
The federal government is showing support for Canada’s mining industry by extending a tax credit for junior mining companies by another year.
‘Still early days’ for Agnico Eagle at Amaruq
VANCOUVER — Agnico Eagle Mines’(TSX: AEM; NYSE: AEM) Amaruq deposit in Nunavut is building its reputation as one of Canada’s most exciting grassroots gold discoveries.
Commentary: Labrador Trough rail needs a rethink
During its successful 2014 election campaign, Quebec’s Liberal Party vowed to revive Plan Nord — a cherished blueprint for opening up the province’s vast northern mineral wealth for development. Brainchild of former Liberal…
Amarc’s IKE project excites mine builder Robert Dickinson
When Canadian Mining Hall of Famer Robert Dickinson says he’s never been as enthusiastic about a project as he has been about Amarc Resources’ (TSXV: AHR; US-OTC: AXREF) porphyry copper-moly-silver IKE discovery in south-central…
Commentary – Coming soon: A predictable and stable legislative framework for mining in Quebec
Quebec’s position as the most attractive jurisdiction for mining exploration took quite a tumble in last year’s Fraser Institute survey, falling to twenty-first place. The political uncertainty in the past few years which has…
Commentary: The pros and cons of private equity investment
In Canada, private equity (PE) firms have not traditionally played a prominent role in the mining industry. Perhaps this is due to uncertainty regarding the longer payoff periods associated with the mineral extraction industry and the fact that…
Probe’s David Palmer our Mining Person of the Year
When the discovery of a new gold patch rocks the mining world, it is a wondrous thing.