Chinese firms pledge to invest $1.4B in private BC coal projects
B.C.’s new Liberal premier, Christy Clark, has made bold statements about mining since taking power.
Canada
First Point stakes new nickel prospects
Nickel-iron alloy explorer First Point Minerals (FPX-V) has discovered promising showings of awaruite mineralization in Australia and the Yukon. The company has staked large land packages surrounding the showings and will look to drill both…
Fission’s Roughrider area play has shareholders glowing green
With the power play for Hathor Exploration’s (HAT-T) promising Roughrider uranium deposit now in its fourth (but perhaps not final) act, Saskatchewan’s Athabasca basin is taking centre stage in the battle for the world’s next best uranium…
Moneta Porcupine de-risks Golden Highway
Moneta Porcupine Mines (ME-T, MPUCF-O) and its Golden Highway gold project in northern Ontario could start generating some attention from gold producers interested acquiring a bulk-tonnage deposit in Canada, the junior’s management says.
Munk gives $18M to heart research
Peter Munk, founder and chairman of Barrick Gold (abx-t, abx-n), and his wife, Melanie, donated $18 million to his namesake cardiac centre at Toronto General Hospital, which is part of the University Health Network (UHN).
Newstrike continues to define high-grade zone at Ana Paula
Vancouver – The latest drilling at Newstrike Capital’s (NES-V) Ana Paula project continues to confirm a high-grade central gold system, while recent step out drilling is less clear.
Cap-Ex’s iron ore discovery grabs market’s attention
Vancouver – Just two short months ago, Cap-Ex Ventures (CEV-V) was the smallest explorer by market cap looking for iron ore in Eastern Canada’s Labrador Trough. But as the first assays from the company’s main Block 103 iron ore property near…
Champion scales up Fire Lake North
Vancouver – Champion Minerals (CHM-T) has released an updated preliminary economic assessment on its 82.5%-owned Fire Lake North project that significantly increases the net present value and resource size.
Sabina Gold boosts resources at Back River
A new resource estimate by Sabina Gold & Silver (SBB-T) at its Back River gold project in Nunavut had the company’s share price moving in the right direction.
Venture slips downwards in Nov. 14-18 period
Vancouver – The S&P TSX Venture Composite Index was down again in the November 14-18 period, slipping 33.64 points to end at 1,607.67 after three days of losses outweighed two days of gains. Average daily trading volume was up somewhat…
PwC: Exploration spending, costs soar
Exploration spending in the 12 months leading to June 30 increased 115% year-on-year, while total production costs have more than quintupled since 2006, rising more than 23% between 2010 and 2011, consulting firm PwC concludes in its annual…
People
Alcoa – Kelly Pasterick appointed director of investor relations, succeeding Roy Harvey, who was appointed CFO of Global Primary Products; William Oplinger appointed COO of Global Primary Products.