US$322 million secured for Copper Mountain
Vancouver – International conglomerate Mitsubishi Materials has secured US$322 million in project financing fo…
Canada
Western Copper denial justified
In regards to the article “Western Copper permit denial casts shadow on Yukon permitting process” ( T. N. M., May 24-30/10), the record needs to be set straight.
Copper Mountain closes $34.5M financing
Copper Mountain Mining (CUM-T) has raised $34.5 million that it will use to pay its 75% share of working capital for its copper porphyry project in southeastern B.C.
Teck goes ahead with Aqqaluk (May 31, 2010)
VANCOUVER –After months of uncertainty, Teck Resources (TCK. B-T, TCK-N) has said it will develop the Aqqaluk deposit at its Red Dog zinc mine in northwestern Alaska.
Cliffs makes play for majority stake in Big Daddy
A battle for control over the high-grade Big Daddy chromite deposit in the McFauld’s Lake area of nor thwes tern Ontar io has erupted. For the moment, it looks like KWG Resources (KWG-V) and Spider Re…
Industry donates $11M to BC Museum of Mining
VANCOUVER –The mining industry in British Columbia is constantly fighting an image battle, trying to convince the wider public that the industry’s environmental practices have improved dramatically i…
Aurizon options Fayolle from Typhoon in Quebec
Gold producer Aurizon Mines (ARZ-T, AZK-X) is teaming up with Typhoon Exploration (TYP-V) in a joint-venture to explore Typhoon’s 100%-owned Fayolle gold project, 10 km north of Aurizon’s Joanna proje…
Blue Note sounds off on Gold Hawk
Blue Note Mining (BNT-V) is ramping up the war of words against Gold Hawk Resources (GHK-V).Montreal-based B…
Romios explores next to Galore Creek (May 28, 2010)
Right now, nearly everything about Romios Gold Resources (RG-V) is small – its $1.3 million budget, its $15-mi…
President of Mexico addresses question on mining taxes
At a gala dinner in Toronto honouring Felipe Calderon, the president of Mexico fielded questions on everything…
Alexandria hits best hole yet at Akasaba
Alexandria Minerals (AZX-V) has drilled its best hole yet at its Akasaba project near Val d’or Quebec and the …
Kaminak Gold reignites Yukon gold district (May 27, 2010)
Kaminak Gold (KAM-V) shares jumped 49% or 44¢ apiece to $1.34 per share in Toronto following bonanza assa…