Canada

Highland Valley union demands more of everything from Teck

Vancouver – “Ask not what you can do for Teck, but what Teck can do for you.” Such is the current motto of United Steelworkers Local 7619, which represents roughly 1,050 of the 1,250 workers at Teck Resources’ (TCK-T, TCK-N) Highland Valley…


GeoMega’s Montviel is no longer a secret

“The secret will be out with the initial resource estimate,” said GeoMega’s (GMA-V) president Simon Britt, referring to the potential at the company’s Montviel carbonatite rare earth elements (REE) property in Abitibi, Que.


Rio revisits Saskatchewan’s potash scene

Rio Tinto (RIO-N) is investing back into potash, after selling its potash interests in Canada and Argentina to Vale (VALE-N) for US$850 million in 2009 to help pay off its debt during the 2008-09 recession.





Takeover bid for Hathor becomes heated

Cameco’s (CCO-T, CCJ-N) hostile takeover bid for Hathor Exploration (HAT-T) turned uglier when the uranium producer slammed the credibility of the junior’s preliminary economic assessment (PEA) for its Roughrider deposit in northern…


The head frame and hoist room at Iamgold's Niobec niobium mine in Quebec, 200 km north of Quebec City. Photo by Iamgold

Niobec stake could be cash cow for Iamgold

Iamgold (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10% to 20% of its Niobec niobium mine in the near term, but the recent sale of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set tongues…


Rescued Chilean miners Omar Reygadas (left) and Franklin Lobos at a press conference in Toronto. Photo by Salma Tarikh

From hard hats to fundraising

Two of the 33 Chilean miners have put on their fundraising hats to promote the upcoming National Folkloric Ballet of Chile (BAFONA) tour across Canada. 


Fronteer ex O’Dea raising $20M for Blue Gold Mining

Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for his new company, Blue Gold Mining (BGX-V).


Northgate’s Australian mines underperform

Analysts remain mixed over AuRico Gold’s (AUQ-T) $1.46-billion, all-share takeover bid for gold miner Northgate Minerals (NGX-T), with some believing the 60% premium AuRico has agreed to pay is too rich for Northgate and its prized…


Teck to make big investments in B.C. operations

Vancouver – Looking to boost internal growth, Teck Resources (TCK.B-T, TCK-N) plans to ramp up production at its western Canadian coal operations and make significant upgrades to two processing facilities in British Columbia.


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