Anaconda unloads iron ore assets in Chile
Anaconda Mining (ANX-T) has sold off its iron ore assets in Chile in a bid to pay down debt and focus on gold.
Canada
Canadian Mining Hall of Fame adds overflow room for induction ceremony
Nothing succeeds like success. Due to the continued demand for tickets to the sold-out 24th Annual Canadian Mining Hall of Fame Induction Dinner at the Fairmont Royal York Hotel in…
Transition to gold
When Scott McLean packed up and left Xstrata (XTA-L) after a long and illustrious career with Falconbridge, he knew exactly what he wanted to do with his time: Find another world class mine.
Abacus advances its Ajax copper-gold project
Abacus Mining & Exploration (ame-v) has painted an interesting prospect at its joint-ventured Ajax copper-gold project near Kamloops, B.C., with a feasibility study showing the project could support a 60,000-tonne-per-day operation…
Richmont adds ounces at Monique and Wasamac
Vancouver – Richmont Mines (RIC-T) has released a resource estimate for its potentially near-term producing Monique gold deposit in Quebec shortly after issuing a resource update at Wasamac.
Adriana joins forces with WISCO
Adriana Resources (ADI-V) is back up after dropping 15% yesterday as the company reported late in the day that it’s partnering with WISCO International Resources to develop and run the Lac Otelnuk and December Lake iron ore properties in…
First Point’s Decar starts to take shape
Vancouver – First Point Minerals (FPX-V) has released assays from the first 9 of 36 holes from the 2011 drill program at its flagship Decar nickel-iron alloy project in central British Columbia. Cliffs Natural Resources (CLF-N) managed the…
Barkerville taps into Bonanza Ledge gold in BC
Barkerville Gold Mines (BGM-V) has cleared another hurdle in its quest for a modern take on the gold rush that filled the hills around Barkerville 150 years ago.
PEA sets out $7.7B NPV for Orbite’s alumina project
Orbite Aluminae (ORT-T) has released some hard numbers showing the potential of its patented aluminum-extraction process and corresponding project, which it promises will transform the industry.
Updated: Accusations fly in Mosquito Consolidated boardroom scuffle
Vancouver – Weeks of mounting tension between opposing factions of the board of Mosquito Consolidated Gold Mines (MSQ-V) came to the fore at the company’s annual general meeting on December 16 as shareholders finally had their say in the…
Venture drops 121 points in Dec. 12-16 period
Vancouver – The S&P TSX Venture Composite Index had a tough run in the December 12 to 16 period, almost dipping below 1,400 points after four days of losses before recovering slightly to end down 121.2 points at 1,426.11 points. Volume was…
Xstrata to expand Canadian footprint through organic growth
London, U.K. – After a decade of expansion through M&A, diversified Swiss miner Xstrata (XTA-L) is turning to organic growth to provide its next generation of mines and to increase production through the expansion of others.