1B lbs. copper estimated at Woodjam
B.C. has another member of the billion-pound copper club following an initial resource estimate on Gold Fields’ (GFI-N) and Consolidated Woodjam Copper’s (WCC-V) joint-venture property.
Canada
Banks Island banking on quick-start gold mine
Vancouver — Recently-listed Banks Island Gold (BOZ-V) has hit more high-grade gold as it looks to expand the resource at the production-ready Tal zone on its northern British Columbia property.
Molycorp/Neo Material deal puts upstream and downstream together
News of Molycorp’s (MCP-N) proposed acquisition of Neo Material Technologies (NEM-T) in a cash and stock deal worth $1.3 billion sent the shares of both companies soaring.
Junior miners and explorers cashing up
Vancouver — Numerous explorers have launched substantial financings just as the networking-heavy Prospectors & Developers Association of Canada convention wraps up in Toronto.
God’s Lake Resources and KI First Nation in escalating impasse
Vancouver — The Ontario Government’s move to ban mining and exploration on a large swath of northern Ontario looks to have done little to diffuse tensions between the Kitchenuhmaykoosib Inninuwug (KI) First Nation and God’s…
La Ronge soars 150% on preliminary results at Preview
Vancouver — Add La Ronge Gold (LAR-V) to the list of junior gold explorers that enjoyed triple-digit percentage share gains this quarter.
Prophecy Platinum and Ursa Major to merge
Vancouver — Looking to add near-term production potential, Prophecy Platinum (NKL-V) has entered a binding letter of agreement to merge with Ursa Major Minerals (UMJ-T) in an all-share deal.
TSX Venture pars mid-week losses, remains stable in Feb 27 to March 2 period
Vancouver – The S&P TSX Venture Composite Index remained relatively flat during the February 27 to March 2 trading period. The index fell 10.62 points to close the week at 1,678.90 on average trade volumes of 120 million shares per…
TSX slips with gold price in Feb 27 to March 2 period
Vancouver — The S&P/TSX Composite Index closed down 81.95 points at 12,643.82 points in a period that saw gold plunge over US$96 per oz. at one point before ending at US$1,712.40 per oz. The price of gold dropped from US$1,788 per…
Graphite: Hot commodity or hyped commodity?
Lithium and rare earth metals became the “it” commodities in the mining industry over the last few years, and now there is a growing consensus among industry watchers that graphite is set to take the stage in their wake.
‘Rediscoveries’ among featured projects at Roundup 2012
Modern technologies combined with robust metal prices helped generate many of the domestic and international exploration successes featured at Mineral Exploration Roundup hosted by the Association for Mineral Exploration British Columbia (AME…
WGM: Around the world in 50 years
To survive half a century as an independent firm, Watts, Griffis and McOuat (WGM) has had to be the James Bond of the consulting world, willing to embrace extremes and extricate itself from some dicey situations: bush planes sinking under the…