The Chinese like Nemaska’s lithium deposit
The Chinese are signaling their faith in Nemaska Exploration’s (NMX-T) hard rock, Whabouchi lithium deposit.
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Coalspur develops export thermal coal project in Alberta
Four months after he was hired as managing director and chief executive of Coalspur Mines (CPT-T, CPL-A) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.
Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
TSX shows strong finish
Investors shrugged off the tendency to sell at the close of the year causing the TSX Composite Index to rise from 13,231.49 points to 13,443.22 points for the Dec. 20-31period. Perhaps investors were emboldened by year end figures on the…
U.S. Markets end year on high note
U.S. stocks closed out a second consecutive year of gains, recovering to levels last seen prior to the collapse of Lehman Brothers in September 2008 and the ensuing recession. Over the year, the S&P 500 index rose 12.8% and the Dow Jones…
Venture ends year with more gains
Vancouver – The holiday-filled period between December 20 and 31 saw the S&P TSX Venture Exchange maintain its growth streak that defined the second half of 2010, climbing 153.52 points on eight days of straight gains to close the year…
Revised offers for Baffinland from both bidders
A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…
Paladin buying Aurora’s assets
The current moratorium on uranium mining in Newfoundland and Labrador isn’t deterring Australia’s Paladin Energy (PDN-T, PDN-A) from buying the uranium assets of Aurora Energy Resources in the Canadia…
Atac revels in rewards
SITE VISIT
Perseus nears production in Ghana (January 03, 2011)
VANCOUVER — With less than a year to go before it joins the ranks as a gold producer, Perseus Mining (PRU-T, PRU-A) is pulling promising infill and exploration results from both of its key projects: …
Boka fraudster Paterson arrested
VANCOUVER — After a three-and- a-half year investigation involving police in Vancouver, Hong Kong and mainland China, John Paterson, founder and former CEO of Southwestern Resources, has been arreste…