Teck to make big BC investments
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 B.C.
Canada
TerraX rises on assay-less Newfoundland drilling update
TerraX Minerals (TXR-V) has released its second assay-less drilling update in less than a month from its Stewart gold-copper project in Newfoundland’s Burin Peninsula. Shares of the company climbed 8¢, or 26%, on the news, closing at…
Xstrata Coal buys Cline’s Lossan deposit
Xstrata’s (XTA-L) subsidiary Xstrata Coal has struck a deal to buy Cline Mining’s (CMK-T) wholly owned Lossan coal deposit in B.C.’s Peace River coalfield for $40 million in cash.
Major Drilling neatly scoops up Bradley Group
Less than a month after the proposed deal was first announced, Major Drilling Group International (MDI-T) closed out September by wrapping up its acquisition of smaller, fellow drilling company Bradley Group Ltd. of Rouyn Noranda, Que.
Greenlight advancing east-coast lithium project
Vancouver – Eastern Canada-focused Greenlight Resources (GR-V) is testing a new lithium extraction process that could be used at its Brazil Lake project, while it continues to expand its overall property holdings.
Ucore reports positive recoveries from Bokan Mtn REE project
Vancouver – Metallurgical testing on Ucore Rare Metals’ (UCU-V) Bokan Mountain project in southeastern Alaska has shown encouraging recoveries for both light and heavy rare earth elements.
Venture continues downward slide Sept. 26-30
Vancouver – The S&P TSX Venture Composite Index had another tough week, dropping 78.91 points in the September 26 to 30 period to end at 1,467.17 points. Volume remained elevated with an average of 98.5 million shares traded daily.
First Point, Cliffs rev up Decar nickel-iron project in BC
For a base metals junior, First Point Minerals (FPX-V) looks to have it all.
Business is a fun game to play for Bruce Walter
Roots in The Salvation Army run four generations deep for mining entrepreneur and dealmaker Bruce Walter, the chairman of Toronto-based WW Mines.
Commentary: Resource development and Indigenous peoples: Finding the path to co-operation
The following is the edited text of a speech given by the Assembly of First Nations’ National Chief Shawn Atleo in early September, at a joint luncheon in Toronto between the Law Society of Upper Canada and the Indigenous Bar Association. For…
People
Alamos Gold – Ken Stowe appointed a director.
Nunavut gold find pleases Prosperity investors
Prosperity Goldfields (PPG-V) has drilled 158 metres of 1.7 grams gold per tonne at its main Kiyuk gold project in southern Nunavut, including a higher-grade section of 31 metres grading 4.9 grams gold. The results are from the company’s…