Iamgold to scoop up Trelawney
In a move to expand its Canadian portfolio, Iamgold (IMG-T, IAG-N) has tabled an offer to buy junior Trelawney Mining and Exploration (TRR-V) for its Côté Lake gold project in northern Ontario.
News
Agnico-Eagle gets its groove back
Once a company achieves upper mid-tier status, as Agnico-Eagle Mines (AEM-T, AEM-N) has, it is faced with different problems.
Avanti secures $640M financing for Kitsault
Avanti Mining (AVT-V) has secured a much-needed major financing for its Kitsault molybdenum mine in northern B.C., with five lenders agreeing to provide up to $640 million in loans.
Editorial: Stealth Bill C-38 upends CEAA
Over the years, mine developers in Canada have heard politicians at the provincial and federal level make so many empty promises to streamline the redundancy-laden process for mine approvals, it’s been easy to tune them out and temper…
Commentary: Greenland, the northern hemisphere’s last frontier
Global demand for raw materials is increasing, and we believe Greenland can play a part in meeting demand.
Feds propose sweeping changes to environmental review process
The Canadian government has outlined broad changes to the federal environmental assessment process as part of a wide-ranging omnibus budget bill.
Fission Energy grows in the Athabasca
With grades over 10 times the global average, the Athabasca basin is home to some of the world’s richest uranium deposits, and one junior is looking to lock-up a significant amount of that prospectiveness for itself.
People
Arianne Resources — Jean-Sébastien David appointed VP of operations.
Rodren Drilling pitches in to help out Children’s Hospital in Winnipeg
In the mining business, daily news often involves drill results, production guidance and stock movement. But when Winnipeg-based exploration diamond driller Rodren Drilling pledges to donate up to $1 million over five years to the…
Mega Precious Metals optimistic at Monument Bay
Mega Precious Metals’ (MGP-V) president and chief executive James Rogers has lofty plans for the company’s Monument Bay gold project in Manitoba, which was previously drilled by past operators as a potential high-grade underground…
PotashCorp’s Q1 misses the mark
Potash Corp. of Saskatchewan’s (POT-T, POT-N) first-quarter profits disappointed with lower potash sales, curtailed production and increased costs. But after trimming its 2012 earnings guidance, the Saskatoon-based company expects…
ESO Uranium digs into the Athabasca basin
Ben Ainsworth joined the board of Hathor Exploration in 2005 and served as vice-president of exploration during the junior’s development of its high-grade Roughrider uranium deposit in northern Saskatchewan’s Athabasca basin, about…