Xstrata seeks buyer for Donkin
Xstrata Coal, a subsidiary of diversified miner Xstrata (XTA-L), is looking to sell its 75% stake in the Donkin coal project in Atlantic Canada.
News
La Ronge gold district regains its old shine
The 1980s were a booming time for the La Ronge gold belt near the town of La Ronge in north-central Saskatchewan, with between 60 and 80 companies exploring on the ground and several hundred thousand ounces mined. But a tough market and mixed…
Potash a hot commodity on the Canadian prairies
With the world’s population marching upward, and the U.S. Department of Agriculture estimating this year we’ll see the largest U.S. corn crop in 75 years, it may be no surprise that potash exploration and project development…
Exchange rates
CANADIAN/U.S. EXCHANGE (Bank of Canada noon rate)
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.
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.