Coal train gaining momentum
Vancouver — Canadian coal producers, eyeing forecasts of rising consumption in Asia, are gearing up to take advantage of buoyant prices by expanding their thermal and coking coal operations within th…
Canada
The looming staff crunch for mining companies
Slow times in mining over the past couple of decades have changed into a time of high activity, buoyed by strong demand for commodities. As mining companies contemplate their next projects, they may b…
NAP posts better Q3
Production performance from the problem-plagued palladium producer Lac des les improved for the third successive quarter, owner North American Palladium (PDL-T, PAL-X) reports.
HudBay budgets $45M on exploration, development
As part of a plan to develop marginal deposits while metal prices are high, HudBay Minerals (HBM-T) will spend $8.5 million on a program of infill drilling, a bulk sample and a feasibility study on th…
Barrick’s bid for NovaGold expires
Vancouver — With the clock ticking down on its US$16.00-per-share bid for control of NovaGold Resources (NG-T, NG-X) at presstime, Barrick Gold (ABX-T, ABX-N) appears likely to become nothing more th…
Cameco moves on Cigar Lake solution
Vancouver — Cameco (CCO-T, CCJ-N) has started remediation work at its 50%-owned Cigar Lake uranium project in northern Saskatchewan’s Athabasca basin, where a major flooding event in late October fil…
Juniors take over New Britannia (December 11, 2006)
Vancouver-based juniors Garson Resources (GARR-C) and Piper Capital (PCL-V) have agreed to acquire the dormant New Britannia gold mine in Snow Lake, Man., from Kinross Gold (K-T, KGC-N) and High River…
Rubicon set to spin off African and Newfoundland assets
It’s been a long time coming, but there is light at the end of the tunnel for Rubicon Minerals (RMX-T, RBY-X), which is in the final steps of splitting into three separate public companies, each holdi…
Suppliers News (December 08, 2006)
SRK to find out age, cost of Aquarius Consulting firm SRK will produce the bankable feasibility study at St Andre…
High hopes for future Marathon PGM mine
Marathon PGM (MAR-V) plans to begin construction of its open-pit platinum group metals-copper mine near Marathon, O…
Aurizon pouring gold at Casa Berardi
Aurizon Mines (ARZ T, AZK-X) has poured two gold dore bars from the gravity circuit at its Casa Berardi mine in t…
Large resource from Canadian Malartic
An initial inferred resource for the Canadian Malartic gold deposit in northwestern Quebec shows a resource of arou…