Canada

Shear rolls back shares, changes name

At the opening bell on Dec. 30, 2010, Shear Minerals began trading on a consolidated basis under the new name of Shear Diamonds (srm-v).At the company’s recent annual meeting, shareholders and the board of directors approved a 10-to-1 rollback…


Battle for Baffinland heats up

Revised offers in the dwindling hours of 2010 from both Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (mt-n) for junior Baffinland Iron Mines (bim-t) have grabbed the headlines in the first week of 2011. Nunavut Iron Ore,…


Key 2010 trends in oil and gas deals

Oil and gas deals in the exploration and production (E&P) sector reached US$73 billion in the last quarter of 2010 with deals for the year totaling US$238 billion, compared with US$151 billion in 2009. The total deal value in Q4 2010 is…


People (January 10, 2011)

Alcoa – Russell Wisor retired as VP of government affairs; Keith Walton appointed VP of government affairs.Anfield Nickel – Donald Shumka appointed a director.Bear Creek Mining – Frank Tweddle appointed a director.Bowmore Exploration – Richard…


Positive study for Canada Lithium

Canada’s most advanced lithium project took a big step closer to production in mid-December when Canada Lithium (clq-t) produced a positive feasibility study for its Quebec Lithium project near Val d’Or, Que. The study found the deposit at…


NovaGold makes run at Copper Canyon partner (January 10, 2011)

Just days before Christmas, NovaGold Resources (ng-t, ng-x) has surprised Copper Canyon Resources (cpy-v) by announcing plans to make an unsolicited takeover bid for the company and its 40% interest in the Copper Canyon copper-gold project in…


Brigus updates Black Fox (January 07, 2011)

The changes continue over at the Black Fox Mine in the Timmins gold district. The mine, which was formerly run by Apollo Gold, came under new management when Apollo merged with Linear Gold to form Brigus Gold (BRD-T, BRD-X) in June of 2010.




Western Copper plans to produce more at Casino

Western Copper (WRN-T) says its Casino Gold and Copper project in the Yukon can process more ore than previously believed. The company has been in the midst of updating its pre-feasibility study from 2008 ever since it released a significantly…




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