Commentary: Prepping for PST in BC
April 1 is fast approaching, and B.C. mining companies are bracing for the change back to a 5% federal goods and services tax (GST), and a 7% provincial sales tax (PST).
Canada
Thompson Creek looks challenges in the eye
First the good news: Thompson Creek Metals (TCM-T) says it has enough cash to complete construction of its recently acquired Mt. Milligan copper-gold deposit near Prince George, British Columbia, and that the project remains on target for…
Osisko marches ahead at Canadian Malartic
Osisko Mining (OSK-T) projects better days ahead at its flagship, 100%-owned Canadian Malartic gold mine near Val d’Or, Que.
TSX Venture continues decline, Feb. 19-22
VANCOUVER — The S&P TSX Venture Composite Index dropped 3.5% or 40.97 points during the shortened Feb. 19-22 trading period before closing out the week at 1,144.68 points. Declining commodity prices continue to put downward pressure…
Funeral details for Brian Warriner
With the passing of our retired senior salesman Brian Warriner on Feb. 18 at age 76, the family will receive friends at the McEachnie Funeral Home at 28 Old Kingston Road in Ajax, Ont. (tel. 1-905-428-8488) on Sunday, Feb. 24, from 2 to 4 and…
Northern Gold takes it small to go big
TIMMINS, ONT. — Greg Gibson is all about the big score, even if he has to take small steps to get there.
Northern Freegold advances flagship project with initial economic assessment
VANCOUVER – Less than four years after establishing an initial resource at its Freegold Mountain project in the Yukon, Northern Freegold Resources (NFR-V) has a positive preliminary economic analysis (PEA) for the project.
Victoria moves closer to Eagle Gold construction
Victoria Gold’s (VIT-V) goal of turning its Eagle Gold project into the Yukon’s next gold mine moved closer to realization.
Beefing up Canada’s anti-corruption legislation
On Feb. 5, 2013, broad amendments to the Corruption of Foreign Public Officials Act (CFPOA) were tabled in the Canadian Senate through Bill S-14, which will effectively bring Canada’s anti-corruption regime more closely in-line with the…
Sona gets Chinese help for Blackdome-Elizabeth in BC
Executive chairman Nick Ferris of Sona Resources (SYS-V) had been trying to source financing for some time to advance the junior’s Blackdome-Elizabeth gold project in the Clinton and Lillooet mining districts of B.C., 220 km north of…
Dividend cut and losses hurt Cliffs
Investors beat up Cliffs Natural Resources (CLF-N) after it cut its dividend and reported a quarterly loss.
San Gold sinks on higher costs, lower guidance
San Gold (SGR-T) shares tumbled 42% over three trading days after the gold miner missed market expectations with its 2012 production results, three-year guidance and updated reserve-and-resource estimate, all published on Feb. 8.