Minister Hawes: mining ‘crucial’ to BC’s success
The following speech was delivered by Randy Hawes, British Columbia’s Minister of State for Mining, at the opening of AME BC Roundup 2011 conference in Vancouver.
News
TSX lower as gold falls for Jan. 17-21 period
TSX Composite Index fell 169 points to finish the Jan 17-21 period at 13,258.57 as the Bank of Canada held the overnight rate steady at 1%. In its outlook report the Bank pointed to the impact of a high Canadian dollar on exports and high…
Venture ends down slightly in Jan. 17-21 period
Vancouver – The January 17 to 21 period saw the TSX S&P Venture Exchange fall 5.38 points after two days of losses outweighed three days of gains to have the board end at 2265.58 points.
Fronteer Gold outlines US$48 million exploration program
With cash and short-term deposits of roughly US$100 million, Fronteer Gold (FRG-T, FRX-X) has more than enough money to pay for the US$48 million global exploration program it has outlined for 2011.
U.S. equity markets weak, Jan. 18-21
U.S. markets were closed on Monday Jan. 17 for the Martin Luther King Jr. holiday. When they re-opened, trading was mixed. The Dow Jones Industrial Average edged up 84.46 points or 0.72% to close the abbreviated Jan. 18-21 trading week at…
Copper Mountain nears production in BC
Princeton, B.C. – Since 2006 Copper Mountain Mining (cum-t) has been quietly but confidently building a large, open-pit mine near Princeton and within six months British Columbia will have its first major new metal mine in years.Well, mostly…
Spanish Mountain releases PEA
Marc Johnson, a mining analyst and chartered financial accountant at M Partners in Toronto, initiated coverage of Spanish Mountain Gold (spa-v) in the middle of December 2010, less than a month after the junior released a preliminary economic…
Tarsis gets new porphyry prospect in Yukon
If you ask Marc Blythe, president and chief executive of Tarsis Resources (tcc-v), there aren’t many companies like his that are looking for new projects in the Yukon. “There are probably only one or two publicly listed companies looking for…
Silver Quest grabs the Bouvette property
Investors snapped to attention when drilling at the Tiger zone in the middle of Atac Resources’ (atc-v) Rau gold property in the Yukon started yielding intercepts of 38.8 metres of 17.1 grams gold per tonne from 33 metres depth, 32.6 metres…
Kaminak set to drill
With more than $21 million in cash, Kaminak Gold (kam-v) has the funds for an extensive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.The first phase of its drill program, budgeted at $15…
Taseko shrugs (January 24, 2011)
Taseko Mines (tko-t, tgb-x) may have been knocked down by the Canadian government’s ruling against its proposed Prosperity gold-copper mine in B.C., but that doesn’t mean the company has been knocked out.The government turned down the project…
Moly Mines shelves Spinifex Ridge moly-copper project in Oz
Falling metal prices and a higher Australian dollar have forced Moly Mines (MOL-T, MOL-A) to put on hold its Spinifex Ridge molybdenum-copper project in Western Australia’s Pilbara region.