Deals rock Canada’s base metals miners
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
There is a modern “gold” rush underway in British Columbia, led by copper, gold and steel-making coal developments. To ensure all British Columbians share the economic benefits from mineral exploration and mining, a dedicated government effort…
Thermo Fisher Scientific (tmo-n) will demonstrate its newest Niton handheld XRF analyzers at Mining Indaba 2011 on Feb. 7-10 at the Cape Town International Convention Centre in South Africa.The analyzers can quickly determine the elemental…
Mining consultancy firm SRK has appointed Michael Armitage as chairman.Armitage, a geologist by profession, has worked in the industry for 25 years, 20 of them at SRK. He replaces SRK’s chairman of 15 years, Nick Rigby.”I bring to the role an…
Trevali Renewable Energy, a wholly owned subsidiary of Trevali Resources (tv-t), has awarded Peru-based TECSUR a contract to build the power transmission line from its Santander silver-lead-zinc mine to the Peruvian national grid, Sistema…
Irvin Joseph (Bud) Laporte (b. 1933) died on Jan. 12, at the age of 78, in North Bay, Ont., after a battle with cancer. He was the husband of Shirley (predeceased) and a father and grandfather.Laporte started working in the diamond drilling…
Precious-metals companies may have taken a hit during the Jan. 10-14 trading week but for companies with iron ore, copper, uranium and potash assets, the numbers looked pretty good. The TSX Composite index climbed 191.76 points or 1.45% to…
Slam Exploration (sxl-v) has topped up its treasury with private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base-metal…
With historic gold production dating back to the early 1800s, coupled by the success Romarco Minerals (r-t) has enjoyed expanding the Haile gold project to 4.2 million contained gold oz., Revolution Resources (rv-t) is focusing its attention on…
Rio Alto Mining (rio-v) is raising $50 million in a private placement to fund its La Arena copper-gold project 480 km northwest of Lima in Peru.A syndicate of underwriters led by GMP Securities and including Scotia Capital, Clarus Securities…
Blue Note Mining (bnt-v) has until the end of March to tie up its acquisition of First Gold Exploration’s (efg-v) stake in the Croinor gold project and the Matchi-Manitou property in Quebec. The deal was originally announced last July with the…
After 12 years of profitable operation, Northgate Minerals’ (ngx-t, nxg-x) Kemess South gold-copper mine in north-central British Columbia is shutting down.The large-scale open-pit mine will cease operating in February after ore reserves have…
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