Positive Study For Potash One’s Legacy
VANCOUVER–Backed by a resource of more than 1 billion tonnes of potassium chloride, a prefeasibility study for Potash One’s (KCL-T, KCLOF-O) Legacy project has churned out solid numbers for the propo…
Canada
Abacus Study Adds Potential At Ajax
VANCOUVER — Abacus Mining & Exploration’s (AME-V, ABCFF-O) president has long believed his Ajax project, a brownfields property surrounded by infrastructure and a mining-friendly population in Ka…
Lake Shore Gold Reports Record Intercept At Thunder Creek
Shares of Lake Shore Gold (LSG-T, LSGGF-O) surged 50¢ or 20.5% to $2.94 and those of its joint-venture partner West Timmins Mining (WTM-T, WTMNF-O) rose 55¢ or 54% to $1.57 after reports of …
Crowflight Hits High-Grade Nickel At Bucko Lake
VANCOUVER — Expansion drilling at the new Bucko Lake nickel mine in Manitoba is proving up a new high-grade zone just 100 metres from current underground operations for owner Crowflight Minerals (CML…
Teck rises as debt falls
It was just such a short time ago that Canada’s biggest independent miner was suffering under a scenario of too muc…
Golden Band offers gold-linked debenture to put La Ronge into production
In a sign of the times, Golden Band Resources (GBN-V) is trying to sell investors physical gold it hasn’t yet produ…
One year later, Anaconda still fixing Pine Cove mill
Anaconda Mining (ANX-T) has started shipping ore from its Pine Cove mine in Newfoundland to Crew Gold’s (CRU-T) nea…
Canadian Gold Hunter and Sanu Resources to merge
With the proposed merger of Canadian Gold Hunter (CGH-T) and Sanu Resources (SNU-V), both part of the Lundin Mining…
Kimberlites found on Dumont Nickel’s property near Victor mine
Eight of nine drill holes have intersected the margins or upper levels of buried kimberlite intrusive complexes on …
CanTung mine to be put on care and maintenance
Declining tungsten prices and rising inventory are forcing North American Tungsten (NTC-V) to put its 100%-owned Ca…
Teck Sells 33% Of Waneta Dam For $825M
VANCOUVER — In its latest debt-reduction move, Teck (TCK. B-T, TCK-N) is selling a 33% stake in its Waneta hydroelectric dam in southeastern British Columbia to BC Hydro for $825 million.
Iamgold To Expand Niobec
Iamgold’s (IMG-T, IAG-N) board has given the green light to a major expansion of the company’s wholly owned Niobec underground niobium mine, situated just north of Chicoutimi in Quebec’s Lac St. Jean …