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.
Canada
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.
Commentary: Canada’s Minister of Natural Resources Joe Oliver on diversifying energy markets and streamlining regulatory processes
Canada is on the edge of an historic choice: to diversify our energy markets away from our traditional trading partner in the United States or to continue with the status quo.
Goldcorp falls short of production targets, again
Before Goldcorp (G-T, GG-N) began commercial production at its expanded Red Lake gold mine on Jan. 1, 2001, the company was a 100,000-oz.-a-year mid-tier gold producer struggling to become a top senior gold miner. But by the end of the year,…
Venture sees gains in first trading period of 2012
Vancouver – The first trading period of 2012 saw the S&P TSX Venture Composite Index climb 41.07 points between January 3 and 6 to end at 1,525.73 points. Volume was noticeably down at an average of 75 million shares traded daily.
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…
People
Alcoa – Mark Davies appointed president of global business services.
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…
McLean’s Transition to gold
When Scott McLean packed up and left Xstrata (XTA-L) after a long and fruitful career with Falconbridge, he knew exactly what he wanted to do with his time: find another world-class mine.
HudBay to build Reed copper mine
The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…
Odds ‘n’ sods: No country for old men – or maybe one
Please allow me to begin with a little trivia. When I started in this business the Prime Minister of Canada was Louis St. Laurent. Anybody out there remember him? Suffice it to say, most 70- to 80-year-olds are neither nimble nor quick, and I…
AME BC unveils its honour roll for 2011
The Association for Mineral Exploration British Columbia (AME BC) has announced the 2011 recipients of its annual awards. The AME BC recognizes individuals or teams for significant contributions to the mineral exploration industry in B.C.,…