The Chinese like Nemaska’s lithium deposit
The Chinese are signaling their faith in Nemaska Exploration’s (NMX-T) hard rock, Whabouchi lithium deposit.
Canada
Coalspur develops export thermal coal project in Alberta
Four months after he was hired as managing director and chief executive of Coalspur Mines (CPT-T, CPL-A) Gene Wusaty was still working out of his home and a local coffee shop in Calgary and putting business expenses on his personal credit card.
Fortune Minerals progressing on two fronts
Vancouver – Fortune Minerals (FT-T) goes into 2011 with big ambitions for its two feasibility-stage projects after a year of steady progress.
Canadian Mining Hall of Fame induction reminder: Jan. 6 reservation deadline
The deadline for making reservations to attend next week’s 23rd annual Canadian Mining Hall of Fame dinner and induction ceremony in Toronto is rapidly approaching.
Venture ends year with more gains
Vancouver – The holiday-filled period between December 20 and 31 saw the S&P TSX Venture Exchange maintain its growth streak that defined the second half of 2010, climbing 153.52 points on eight days of straight gains to close the year…
Revised offers for Baffinland from both bidders
A takeover battle between Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its attractive Mary River project is heating up with revised offers from both companies in the…
Atac revels in rewards
SITE VISIT
Paladin buying Aurora’s assets
The current moratorium on uranium mining in Newfoundland and Labrador isn’t deterring Australia’s Paladin Energy (PDN-T, PDN-A) from buying the uranium assets of Aurora Energy Resources in the Canadia…
Slam cashes up to fund exploration in Ontario and New Brunswick
Slam Exploration (SXL-V) has topped up its treasury with a series of private placement financings as it prepares to resume exploration drilling early in the New Year on the Reserve Creek gold project in northern Ontario and the Silverjack base…
Battle for Baffinland Iron Mines continues
The takeover battle between private equity investor Nunavut Iron Ore Acquisition and global steel giant ArcelorMittal (MT-N) for junior Baffinland Iron Mines (BIM-T) and its Mary River project took a new turn with a revised offer from…
Shear rolls back shares and changes name
At the opening bell on December 30, Shear Minerals will begin 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…
Blue Note gets extension on Croinor acquisition
Blue Note Mining (BNT-V) has three more months to tie up its acquisition of First Gold Exploration’s (EFG-V) stake in the Croinor gold project and the Matchi-Manitou property. The deal was originally announced in July with the closing date set…