Commentary: The Tsilhqot’in decision – a view from Quebec
On June 26, 2014, the Supreme Court of Canada recognized for the first time a First Nation’s aboriginal title over an area outside a reserve in Tsilhqot’in Nation vs. British Columbia.
News
U.S. markets fall sharply, July 28-Aug. 1
Argentina’s second debt default in 13 years — combined with more fighting in the Ukraine and Gaza, and uncertainty over Federal Reserve policy — pushed U.S. equity markets into negative territory. The S&P 500 suffered its…
Centerra’s Atkinson talks Kumtor, M&A opportunities
VANCOUVER — Centerra Gold’s (TSX: CG; US-OTC: CAGDF) wholly owned Kumtor gold mine in the Kyrgyz Republic — 350 km southwest of the capital of Bishkek — is an ample cash generator, and president and CEO Ian Atkinson says…
San Gold to merge with Kerr Mines
Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…
Alderon Iron Ore signs offtake deal with Glencore
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has secured a second offtake agreement for iron ore from its 75%-owned Kami project in the Labrador Trough, bringing it one step closer to a financing agreement for the US$1.3-billion project.
TSX declines, July 28-Aug.1
Canada’s main stock index tumbled during the trading week, posting its biggest drop since early May.
Rambler has big plans for Atlantic Canada
Since the start of commercial production in November 2012 at its first mine — the Ming copper–gold mine in Baie Verte, N.L. — Rambler Metals & Mining (TSXV: RAB; LSE: RMM) has generated $31 million in operating…
General Moly aims to restart Liberty moly-copper mine in Nevada
VANCOUVER — Molybdenum oxide prices have been on the rise over the past six months — jumping 40% to sit at US$13.40 per lb. at press time — and that’s good news for U.S.-based General Moly (TSX: GMO; NYSE-MKT:…
Troy fast tracks Karouni with open-pit plan
VANCOUVER — Gold producer Troy Resources (TSX: TRY; US-OTC: TRYRF) acquired the Karouni gold project located 180 km southwest of Georgetown, Guyana, US$200 million just over a year ago, and now anticipates having a mine in operation…
Editorial: Mount Polley tailings spill – Imperial’s best not good enough
The complete failure of the tailings dam at Imperial Metals’ Mount Polley copper–gold mine in Central B.C.’s Cariboo region on Aug. 4 is the most depressing thing to have happened in Canadian mining since the Bre-X Minerals…
Complete tailings dam failure at Imperial’s Mount Polley
Shares of Imperial Metals (TSX: III; US-OTC: IPMLF) dropped 40% after a dam for the tailings pond at its Mount Polley gold–copper mine in B.C.’s Cariboo region failed, spilling millions of cubic metres of waste water and suspended…
LIM remains in limbo
Not much has happened at Labrador Iron Mines (TSX: LIM; US-OTC: LBRMF) since the company announced in June that it would suspend operations at its direct-shipping iron ore Schefferville projects in the Labrador Trough region, partly due to…