Costs down and prices set to rise for Western Coal
Vancouver – An effort to reduce cash costs during the recession is paying off for Western Coal (WTN-T), as low…
Canada
Alexis extends Snow Lake gold mineralization
Alexis Minerals (AMC-T) has wasted no time kicking off a $5-million exploration program since acquiring the Sn…
Queenston releases Upper Canada drill results
Vancouver – Apparently there is still gold waiting to be dug up around Kirkland Lake, Ontario. Queenston …
Silverjack shows polymetallic potential for Slam Exploration
Vancouver – A 20-hole drill program at the Silverjack project in New Brunswick has started to delineate a we…
NovaGold ends class action with $28-M settlement
NovaGold Resources (NG-T, NG-X) has agreed to a proposed $28-million settlement for a class action lawsuit tha…
Xstrata and Erdene announce Cape Breton coal mine plans
Vancouver – Underground coal mining is making a comeback in Nova Scotia. After several years of development, X…
Teck to pay fixed rate for coal port shipments
Teck Resources (TCK.A-T, TCK.B-T, TCK-N) has come to an agreement with Westshore Terminals to ship coal from s…
Cameco says Cigar Lake underground could be secure by October
It’s finally safe for Cameco (CCO-T) crews to go back underground at Cigar Lake, a troubled uranium developmen…
B.C. bans exploration and mining in the Flathead Valley
Vancouver – The British Columbia government has declared it will ban all mining, oil and gas development, and …
Shore Gold shares up on diamond prefeasibilty
Shore Gold (SGF-T) is one step closer to developing Saskatchewan’s first diamond mine with the release of a po…
Copper Mountain’s mine development on track
Vancouver – Copper Mountain Mining (CUM-T) is getting close to living up to its name – development of the Co…
Potash shows signs of recovery
Vancouver – Potash prices are a far cry from the heights reached in 2008, but signs of recovery continue to em…