Royal Nickel de-risks Dumont
Results of an optimization study and additional metallurgical tests have further de-risked Royal Nickel’s (RNX-T) Dumont project in Quebec, president and chief executive Tyler Mitchelson says.
Canada
Northwest Transmission Line gets environmental approvals
Vancouver – Mining projects in British Columbia’s northwest are another step closer to tapping into the provincial grid after the federal government gave the environmental go-ahead for the Northwest Transmission Line.
Kinross invests in Hemlo area play
Vancouver – Just 2.5 km from the edge of Barrick’s (abx-t, abx-n) famed Hemlo gold property in northwestern Ontario, a new explorer hopes to achieve what countless others have already tried but failed to accomplish: to discover another major…
Richmont releases Wasamac drill results
Vancouver – With one operating mine, one soon to reach commercial production, and two active exploration projects all in the Abitibi region of Quebec, Richmont Mines (RIC-T, RIC-X) has staked a big part of its future on the district.
BC shows strong mining revenue, new mines started in 2010: PwC report
Vancouver – The British Columbia mining industry saw more signs of recovery in 2010, but it was the new mines coming online that have prompted talk of a mining renaissance in the industry. Such were some of the findings of…
Trade Winds completes winter-spring drill program
Drilling at Trade Winds Ventures’ (TWD-V) Block A project in northeastern Ontario, a 50-50 joint-venture with Detour Gold (DGC-T), has returned strong intercepts.
Venture hit by commodities sell-off in May 2-6 period
Vancouver – A big commodities sell-off, including the biggest drop in silver futures in thirty years, led to a rough May 2 to 6 period on the S&P TSX Venture Exchange. The board dropped 204.34 points in the first four days before making a…
Friendly Manitoba remains HudBay’s happy home (May 09, 2011)
With three operating underground mines, another under construction and more than 4,000 sq. km of prospective land to explore all in northern Manitoba, HudBay Minerals (HBM-T, HBM-N) has no plans to leave the province anytime soon, even with two…
People (May 09, 2011)
Augustine Ventures – John Tokarsky resigned as a director; George Michael Newman and Rick Bonner appointed directors.
Western Potash expands resource
Western Potash (wpx-v) has boosted measured resources by 55%, indicated resources by 34% and inferred resources by 25% at its Milestone potash project in Saskatchewan, about 50 km south of Mosaic’s (mos-n) Belle Plaine mine, one of the world’s…
Creso eyes $43M JV with Hunter Dickinson
After completing more than 10,300 metres of drilling in the past year at its Shining Tree gold project in northeastern Ontario, Montreal-based Creso Exploration (CXT-V) has signed a preliminary joint venture (JV) agreement with the well-known…
Suppliers news (May 09, 2011)
Veolia gets two new contracts