Correction (May 16, 2011)
In last week’s feature on HudBay Minerals (HBM-T, HBM-N), we referred to the company’s Lalor project in Manitoba as a nickel-copper-gold-silver deposit, when it is in fact a gold-copper-silver-zinc deposit.
Canada
Trevali hits thick mineralization at Halfmile (May 16, 2011)
Trevali Mining (TV-T) hit the thickest mineralized intercept yet at its new Halfmile polymetallic project in New Brunswick.
Auriga hits near-surface gold at Maverick project (May 16, 2011)
Shallow drilling has returned several high-grade intercepts for Auriga Gold (AIA-V) at its Maverick gold project in northwestern Manitoba.
CSR’s evolution: Dodd-Frank and the UK’s Bribery Act
Corporate social responsibility (CSR) is still a largely voluntary, loosely defined initiative in the resource-extraction industries, but pressures from a number of sources make it harder and harder to ignore.
Northgate plans first gold pour at Young-Davidson
Northgate Minerals (NGX-T, NXG-X) will pour its first gold at its 100%-owned Young-Davidson mine late in the first quarter of 2012.
Aurizon sees productive year despite tough quarter (May 13, 2011)
Vancouver – A combination of low grades and machine troubles led to a difficult quarter for Aurizon Mines (ARZ-T, AZK-X), but the company reports that it expect to return production to normal as it also embarks on extensive exploration plans.
Plan Nord makes Quebec an even better place to mine
Up until about two months ago, management at Western Troy Capital Resources (WRY-V) thought the company might have to come up with as much as $70 million in a public-private cost-sharing partnership to build the Otish Mountain Road, which will…
Stan Bharti explains Forbes & Manhattan’s market success
Vancouver – Hitting it big with one company during a career spanning more than two decades in the public mining sphere is certainly commendable. Two big market successes might even be considered remarkable. When it reaches three or more,…
Royal Nickel de-risks Dumont
Results of an optimization study and additional metallurgical tests have further de-risked Royal Nickel’s (RNX-T) Dumont project in Quebec, president and chief executive Tyler Mitchelson says.
Northwest Transmission Line gets environmental approvals
Vancouver – Mining projects in British Columbia’s northwest are another step closer to tapping into the provincial grid after the federal government gave the environmental go-ahead for the Northwest Transmission Line.
Kinross invests in Hemlo area play
Vancouver – Just 2.5 km from the edge of Barrick’s (abx-t, abx-n) famed Hemlo gold property in northwestern Ontario, a new explorer hopes to achieve what countless others have already tried but failed to accomplish: to discover another major…
Richmont releases Wasamac drill results
Vancouver – With one operating mine, one soon to reach commercial production, and two active exploration projects all in the Abitibi region of Quebec, Richmont Mines (RIC-T, RIC-X) has staked a big part of its future on the district.