News

Southern Pacific Resource advances McKay

If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year, with the first steam to follow and production targeted to get underway…



Teck advances its oilsands projects

Teck Resources (TCK.B-T, TCK-N) is looking to produce more than 30,000 barrels of bitumen per day by 2016 from its oilsands projects in Alberta.


Prophecy Platinum's Wellgreen PGM-nickel project in the Yukon. Photo by Photo by Ian Bickis

Prophecy Platinum surges on drill results

Shares of Prophecy Platinum (NKL-V, PNIKD-O) shot up 10.2%, or 43¢, to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse. 



The exploration camp at International Tower Hill Mines' Livengood gold project in Alaska. Photo by International Tower Hill Mines

Int’l Tower Hill updates Livengood PEA

International Tower Hill Mines (ITH-T, THM-X) has updated its preliminary economic assessment of the Livengood deposit, about 110 km north of Fairbanks, Alaska, where drilling continues to expand the deposit. The company plans to complete a…


Prophecy Coal looks to satisfy Mongolia’s power needs

With the Mongolian economy growing at one of the fastest rates in the world, and China eyeing its neighbour as a potential long-term power source, Vancouver-based Prophecy Coal (PCY-T) is optimistic about its prospects for a power-purchase…





Lundin completes feasibility study on Lombador I

A feasibility study looking at developing the upper portions of the Lombador ore bodies at Neves-Corvo in Portugal has shown that it would be a “profitable and value accretive extension” to the mine, Lundin Mining (LUN-T) reported yesterday….


Fronteer ex O’Dea raising $20M for Blue Gold Mining

Vancouver – Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for a new company, Blue Gold Mining (BGX-V).


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