People (May 23, 2011)
Alderon Resource – Matt Simpson resigned as COO but remains a director; Brian Penney appointed COO.
Canada
Trafigura backs Cadillac at Thierry
After forty years in the business, Norman Brewster knows a thing or two about developing mining projects.
Kinross invests in Entourage’s Hemlo play
Just 2.5 km from the edge of Barrick Gold’s (ABX-T, ABX-N) famed Hemlo gold mine property in northern Ontario, newly listed explorer Entourage Metals (EMT-V) hopes to achieve what countless others have tried but failed to accomplish: to…
Royal Nickel ‘de-risks’ Dumont
Results of an optimization study and additional metallurgical tests have further de-risked Royal Nickel’s (RNX-T) Dumont nickel project in Quebec, president and CEO Tyler Mitchelson says.
Forging deals in the Labrador Trough (May 23, 2011)
As the acquisition of Quebec-focused iron ore producer Consolidated Thompson Iron Mines (CLM-T) by resource giant Cliffs Natural Resources (CLF-N) finally comes to a close, investors can’t help but wonder which company in the area is next in…
Iamgold sees big potential at Niobec (May 23, 2011)
By re-evaluating the mining method at its niobium-producing Niobec mine in Quebec, Iamgold (IMG-T, IAG-N) found that it could significantly increase the contained resource and production rates with a switch to bulk mining.
lonore glitters for Goldcorp
Goldcorp (G-T, GG-N) considers the Éléonore gold project in Quebec’s James Bay region as a cornerstone of its next generation of gold growth projects.
Richmont builds up Abitibi gold assets
With its operating Beaufor gold mine, its Francoeur gold mine soon to reach commercial production, and two active gold exploration projects named Wasamac and Monique all located in Quebec’s Abitibi region, Richmont Mines (RIC-T, RIC-X) has…
Cayden advances with three North American projects
Vancouver – The team behind Ghana-focused Keegan Resources (KGN-T, KGN-X) has set its sights on advancing several North American prospects though relatively new entrant Cayden Resources (CYD-V).
Champion Minerals discovers new iron zone at Lac Moire (May 20, 2011)
The first five drill holes at the Lac Moire iron ore project in northeastern Quebec have identified significant new iron mineralization and Champion Minerals (CHM-T) has increased its drill program there by 2,000 metres to 7,000 metres.
Foundation and Alto continue to explore Coldstream project
Vancouver – Foundation Resources (FDN-V) and 40% joint venture partner Alto Ventures (ATV-V) have been releasing a steady flow of gold results from its winter drill program at their Coldstream project in northwestern Ontario.
Rising diamond prices lift Harry Winston
Harry Winston Diamond Corp. (HW-T, HWD-N) says it is on track to produce 6.9 million carats this year, up from 6.5 million in 2010, at the Diavik mine.