Champion Iron to acquire Kami out of Alderon restructuring
Champion Iron (TSX: CIA) plans to acquire the Kamistitusset iron ore project in southwest Newfoundland – only a few kilometres away from its Bloom Lake mine – out of a…
Altius Minerals Corporation
TSX falls 14%, March 16-20: Kirkland Lake, Teck, Altius Minerals
The S&P/TSX Composite Index plunged 13.59% (1,864.5 points) to finish the March 16-20 trading week at 11,851.80. The S&P/TSX Global Mining Index fell 3.42% to 57.12, while the S&P/TSX Global…
Sokoman advances Moosehead gold project in Newfoundland
In November 2019, the Canadian Institute of Mining, Metallurgy and Petroleum’s Newfoundland and Labrador branch named Sokoman Minerals (TSXV: SIC) the prospector and explorer of the year for its wholly…
Buried treasure: An overview of news from active diamond companies
An overview of the latest news from active diamond explorers, developers and miners in Canada, and Canadian-listed companies working abroad. Adia Resources This spring, Adia Resources completed an initial diamond…
Nobis Group takes stake in Adventus in Ecuador
One of Ecuador’s largest private conglomerates — with investments in everything from deepwater ports to real estate and agriculture — has chosen Adventus Mining (TSXV: ADZN; US-OTC: ADVZF) and its Curipamba…
BHP invests in Midland Exploration
BHP (NYSE: BHP) is investing in Midland Exploration (TSXV: MD) to support the junior’s copper exploration in northern Quebec, including its Mythril copper-gold-molybdenum-silver project in James Bay Eeyou Istchee. BHP…
Canstar, Adventus and Altius to consolidate Buchans camp
Last year, Osisko Metals (TSXV: OM) acquired more than 500 sq. km in the historic Bathurst mining camp of New Brunswick to develop a multi-deposit zinc asset base that would…
TSX dips slightly, Dec. 11-15
The U.S. Federal Reserve raised interest rates 0.25% — its third rate increase this year. The central bank said it expects three more interest rate increases in 2018. Spot gold…
TSX breaks 15,000 level, Aug. 21-25
The S&P/TSX Composite Index broke the 15,000 level, finishing 0.69% higher at 15,055.99. Base metal prices — copper climbed above US$3 per lb. for the first time since 2011, while…
Shawn Ryan turns attention to Labrador gold
VANCOUVER — Prodigious Yukon prospector Shawn Ryan is on the move again, but this time his sights are on Labrador. In June, Ryan staked 1,696 sq. km of claims over…
Altius reaps benefits of contrarian investing
VANCOUVER — When it comes to the project generator business model, it’s tough to find a more successful example than Altius Minerals (TSX: ALS; US-OTC: ATUSF). The company has seen substantial…
The geology underlying the quest for minerals on Canada’s East Coast
VANCOUVER — The geology of eastern Canada largely owes itself to a series of events that began 480 million years ago, when the Iapetus Ocean (analogous to today’s Atlantic Ocean) closed…