Peregrine preps Chidliak for bulk sampling
The year 2010 would have been tough for Peregrine Diamonds (PGD-T) to top, even in the best of markets. The company made 34 new kimberlite discoveries at its 49%-owned Chidliak…
Canada
Northern Iron makes a splash
If recent drill results and an historic resource estimate are any indication, Northern Iron Corp (NFE-V, N8I-F) could turn some heads when it releases an initial resource estimate on its Karas property in the Red Lake mining district before the…
Rainy River PEA outlines 329,000-oz.-per-year gold mine
Rainy River Resources (RR-T) has a positive preliminary economic assessment for its flagship Rainy River gold project (RRGP) in Northwestern Ontario. In a combined open-pit and underground operation, the Rainy River project could produce…
Arianne’s Lac–Paul among the ‘next generation’ of phosphate rock mines
A prefeasibility study for Arianne Resources’ (DAN-V) Lac-à-Paul phosphate-titanium project in south-eastern Quebec has placed the project “among the most attractive of the next generation of phosphate rock mines,” according to Bernard…
Commentary: Traversing the Far North’s legal landscape
Mining companies investing for the first time in Canada’s Far North may find the experience unlike any other. This holds true not only for foreign corporations, but also for companies familiar with mining in Southern Canada.
Osisko’s Hammond Reef resource swells to 10.5 million oz. gold
The owner of Canada’s largest gold mine has news from the largest drill program currently being completed at a mining project in the country. Even as it rapidly ramps up production at the newly commissioned Canadian Malartic gold mine in…
Venture finds gains in Oct. 31 – Nov.4 period
Vancouver – The S&P TSX Venture Composite Index managed to stay in the black in the Oct. 31 to Nov. 4 period despite renewed uncertainty surrounding the European debt crisis. The index dropped 41.01 points over two days and climbed 61.13…
Xstrata funds Raglan extension project
The Raglan mine at the extreme limit of northern Quebec in Nunavik is one of the richest base metal mines in the world. In August, Xstrata Nickel, one of Xstrata’s (XSRAF-O, XTA-L) global commodity businesses, approved a US$530 million…
Newmont’s Hope Bay project nears construction decision
When you’re 685 km northeast of Yellowknife, or roughly 160 km above the Arctic Circle, everything costs more than it does down south.
Suppliers news
Copper Fox inks deal with Stewart Bulk Terminals
People
Alderon Iron Ore – Bernard Potvin appointed executive VP of project execution.
Asian group bids $1B for Grande Cache Coal
In an unusual move, two firms from traditional rivals China and Japan have teamed up to buy Alberta coal producer Grande Cache Coal (GCE-T) at a hefty premium, despite choppy times for the metallurgical coal industry.