Mining companies investing for the first time in Canada’s Far North may find the experience unlike any other. This holds true not only for foreign corporations, but also for companies familiar with mining in Southern Canada.
When you’re 685 km northeast of Yellowknife, or 160 km above the Arctic Circle, just about everything costs more than it does down south.
Raglan at Quebec’s northern limit in Nunavik is one of the world’s highest grading nickel mines. In August, Xstrata Nickel, one of Xstrata’s (XTA-L) global business units, approved a US$530-million extension project at that will develop the…
The former Red Back Mining team led by Richard Clark has returned to advance Atacama Minerals (AAM-V), using the same strategies they used to build Red Back from a junior with a $50-million market cap into a West African gold producer…
Anglo American’s (AAL-L) agreement to pay $5.1 billion in cash for the Oppenheimer family’s 40% stake in De Beers will have a profound impact on the diamond industry, executives and analysts say.
Western Potash (WPX-T) has put a spotlight on its Milestone potash project in Saskatchewan with a positive prefeasibility study (PFS) estimating annual production at 2.8 million tonnes for at least 40 years. This has some analysts speculating…
Just six months into its new corporate life, Vancouver-based gold explorer Pilot Gold (PLG-T) has already drilled 60,000 metres at nine projects on two continents.
Initial drill results from Abzu Gold’s (ABS-V, ABZUF-O) Nangodi Project in Ghana show that the Bole-Nangodi Gold belt in the north of the country still has plenty of gold to give.
Exploration spending in the twelve months ended June 30 increased 115% year-on-year while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, PwC concludes in its annual study of the top 100…
If recent drill results and an historic resource estimate are any indication, Northern Iron Corp (NFE-V, N8I-F) could turn some heads when it releases an initial resource estimate on its Karas property in the Red Lake mining district before the…
Rainy River Resources (RR-T) has a positive preliminary economic assessment for its flagship Rainy River gold project (RRGP) in Northwestern Ontario. In a combined open-pit and underground operation, the Rainy River project could produce…
Vancouver – A feasibility study on Bear Creek Mining’s (BCM-V) flagship Corani project in southern Peru has added slightly to silver reserves while capital costs have increased 70%.
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