Richfield releases more Blackwater results
Vancouver – Another round of drill results from the Blackwater gold project means more long gold hits for Richfield Ventures (RVC-V).
Canada
Venture ends down slightly in Jan. 17-21 period
Vancouver – The January 17 to 21 period saw the TSX S&P Venture Exchange fall 5.38 points after two days of losses outweighed three days of gains to have the board end at 2265.58 points.
Copper Mountain nears production in BC
Princeton, B.C. – Since 2006 Copper Mountain Mining (cum-t) has been quietly but confidently building a large, open-pit mine near Princeton and within six months British Columbia will have its first major new metal mine in years.Well, mostly…
Former bidding rivals team up to chase Baffinland
In a new twist to the takeover battle for Baffinland Iron Mines (bim-t), former rivals Nunavut Iron Ore and ArcelorMittal (mt-n) are teaming up in a joint bid.”It’s been an interesting week,” Nunavut Iron chairman Bruce Walters remarks with…
Obituary: Bud Laporte
Irvin Joseph (Bud) Laporte (b. 1933) died on Jan. 12, at the age of 78, in North Bay, Ont., after a battle with cancer. He was the husband of Shirley (predeceased) and a father and grandfather.Laporte started working in the diamond drilling…
Western Copper plans to get more out of Casino
Western Copper (wrn-t) says its Casino gold-copper project in the Yukon can process more ore than previously believed. The company has been in the midst of updating its prefeasibility study from 2008 ever since it released a significantly…
Blue Note gets more time
Blue Note Mining (bnt-v) has until the end of March to tie up its acquisition of First Gold Exploration’s (efg-v) stake in the Croinor gold project and the Matchi-Manitou property in Quebec. The deal was originally announced last July with the…
Kaminak set to drill
With more than $21 million in cash, Kaminak Gold (kam-v) has the funds for an extensive exploration program this year at its Coffee gold project in the White Gold district of the Yukon.The first phase of its drill program, budgeted at $15…
Cliffs to buy Cons. Thompson
If Cliffs Natural Resources (clf-n) is successful in its bid for Consolidated Thompson Iron Mines (clm-t) and its Bloom Lake mine on the south end of the Labrador Trough, it will in one stroke acquire a world-class orebody containing high-grade…
Golden Dawn looks to revive Greenwood
Golden Dawn Minerals (gom-v) wants to breathe mining life back into Greenwood, B.C., for the third time. The small town of some 600 souls in south-central B.C. saw its fortunes swell at the turn of the last century and again in the 1950s, both…
Deals rock Canada’s base metals miners
The second week of 2011 was a breathtaking one in the Canadian base metals scene, with three substantial deals.
Governments must reform Canada’s EA process
There is a modern “gold” rush underway in British Columbia, led by copper, gold and steel-making coal developments. To ensure all British Columbians share the economic benefits from mineral exploration and mining, a dedicated government effort…