Blue Note Mining (bnt-v) has until the end of March to tie up its acquisition of First Gold Exploration’s (efg-v) stake in the Croinor gold project and the Matchi-Manitou property in Quebec. The deal was originally announced last July with the…
With more than $21 million in cash, Kaminak Gold (kam-v) has the funds for an extensive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.The first phase of its drill program, budgeted at $15…
If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…
Golden Dawn Minerals (gom-v) wants to breathe mining life back into Greenwood, B.C., for the third time. The small town of some 600 souls in south-central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
There is a modern “gold” rush underway in British Columbia, led by copper, gold and steel-making coal developments. To ensure all British Columbians share the economic benefits from mineral exploration and mining, a dedicated government effort…
In December Stornoway Diamond (swy-t) struck a deal with provincially owned Soquem to buy the remaining half of the Renard diamond project in Quebec.Under the proposed agreement, Diaquem, a wholly owned subsidiary of Soquem, will receive…
On the back of its flagship 5-million-oz. Rainy River gold project in northwestern Ontario, Rainy River Resources (rr-v) has closed a $75-million bought-deal financing just as gold is starting to lose a little of its lustre.The private…
Shares of rare earth element companies reached new heights when markets reopened after the Christmas holidays on Dec. 29, 2010, following news that China had cut export quotas for the strategic metals by 35% year-on-year.The Ministry of…
Slam Exploration (sxl-v) has topped up its treasury with private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base-metal…
After 12 years of profitable operation, Northgate Minerals’ (ngx-t, nxg-x) Kemess South gold-copper mine in north-central British Columbia is shutting down.The large-scale open-pit mine will cease operating in February after ore reserves have…
Vancouver – Fortune Minerals (ft-t) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.In British Columbia, the company’s Mount Klappan anthracite coal project now has a clearer path forward…
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