Debt-laden Liberty looks to sell 51% stake to Chinese
Vancouver – In debt and bereft of cash, Liberty Mines (LBE-T) is seeking permission to sell 51% of its shares to …
Canada
Hopes Are High For Hathor; Earns Kudos For Henday Deal
VANCOUVER — Investors are waiting with bated breath for the next set of drill results from Hathor Exploration’s (HAT-V, HTHXF-O) Midwest Northeast project, which produced several sets of spectacular …
B2Gold Gets Cent’l Sun
VANCOUVER — B2Gold (BTO-T, BGLPF-O) has completed its takeover of Central Sun Mining, following the approval of the deal by Central Sun shareholders.
BC Approves Terrane’s Mt Milligan
VANCOUVER — The British Columbia government has approved an environmental assessment certificate for Terrane Metals’ (TRX-V, TRXOF-O) Mt. Milligan gold-copper project in central B. C.
NA Palladium Bids For Cadiscor
Taking a big step into the gold sector, North American Palladium (PDL-T, PAL-X) has launched a friendly all-share deal for Cadiscor Resources (CAO-V), owner of the dormant Sleeping Giant gold mine in …
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 …
Nordex To Build New Explosives Plant Near Kirkland Lake
What better place for a new emulsion plant than in Kirkland Lake, Ont., one of the world’s largest mining regions?
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.
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.
Cons. Thompson Gets Chinese Partner
VANCOUVER — Consolidated Thompson Iron Mines (CLM-T) has found itself a partner to develop and run the Bloom Lake iron mine in eastern Quebec.
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…
Aurizon Thrives In Midst Of Downturn
VANCOUVER — Aurizon Mines (ARZ-T, AZK-X) is one of those companies happy to be mining gold.