Commentary: Road to Ring of Fire is paved with legal briefs
Now that Cliffs Natural Resources has finally won a round in Ontario’s legal system, are they any closer to gaining access to their Ring of Fire chromite motherlode?
Canada
Editorial: Who designed the Mount Polley tailings dam?
It’s a week and a half after the massive tailings spill at Imperial Metals’ Mount Polley copper–gold mine in B.C.’s Cariboo region, and many unclear aspects of the disaster are coming into better focus.
Kennady climbs on more high-grade diamond results
Ahead of a maiden resource estimate due out later this year, results from Kennady Diamonds’ (TSXV: KDI) Kennady North project in the Northwest Territories continue to confirm expectations of a high-grade project.
Trevali to restart Caribou mine
VANCOUVER — With $51 million in new debt funding on hand, Trevali Mining (TSX: TV; US-OTC: TREVF) is finding that it’s a good time to rehabilitate an underground zinc mine in New Brunswick.
TSX declines, July 28-Aug.1
Canada’s main stock index tumbled during the trading week, posting its biggest drop since early May.
TSX Venture loses ground, July 28-Aug. 1
The S&P/TSX Venture Composite Index had a rough week during the trading period, as it lost 1.7%, or 16.81 points, en route to a 1,000.63-point close. Commodity futures were down across the board, with global economic concerns —…
Minco plans Maritime manganese mine
VANCOUVER — Dublin-registered Minco PLC (LSE: MIO) is planning to produce high-grade manganese from its Woodstock project in New Brunswick for 25% below the industry’s average cost, and supply the North American and European steel…
San Gold to merge with Kerr Mines
Winnipeg-based junior miner San Gold (TSX: SGR; US-OTC: SGRCF) is merging with Toronto-based explorer and developer Kerr Mines (TSX: KER; US-OTC: AISDC). San Gold intends to use the skills it honed turning around its Rice Lake gold mine complex…
Atac sees modest gold mine at Tiger in Yukon
Gold explorer Atac Resources (TSXV: ATC) has wrapped up the first economic study of its Rackla gold project in the Yukon — a positive preliminary economic assessment of the oxide portion of the…
Wellgreen Platinum grows PGM resource in Yukon
VANCOUVER — It’s been a busy couple of years for explorer Wellgreen Platinum (TSXV: WG; US-OTC: WGPLF) as it develops its wholly owned Wellgreen platinum group metals (PGM) deposit in Yukon’s southwest corner. The company has…
Alderon Iron Ore signs offtake deal with Glencore
Alderon Iron Ore (TSX: ADV; NYSE-MKT: AXX) has secured a second offtake agreement for iron ore from its 75%-owned Kami project in the Labrador Trough, bringing it one step closer to a financing agreement for the US$1.3-billion project.
BC gov’t approves Seabridge’s KSM project
Seabridge Gold (TSX: SEA; NYSE: SA) has received a provincial environmental approval for its KSM gold–copper project in northwestern B.C., putting it closer to “becoming a reality,” the company’s vice-president of…