Canada

Three companies better than one for Western Copper family

Vancouver – Convinced its portfolio of projects weren’t being adequately appreciated in the market, Yukon-focused Western Copper last year decided to spin out everything but its flagship Casino project into two new companies.


Pacific North jumps on River Valley

Pacific North West Capital (PFN-T) saw it shares surge 24% as it released another nine assays from its River Valley primary platinum group metals (PGM) deposit near Sudbury, Ont.


Golden Predator makes gains in the Yukon

The New Year got off to a strong start for Golden Predator (GPD-T) in the Yukon with drill results from the Sleeman zone at its flagship Brewery Creek deposit and a new gold discovery at Cache Creek. 





Teck to buy SilverBirch Energy

Teck Resources (TCK.B-T, TCK-N) is raising its exposure to Alberta’s oil sands with plans to purchase SilverBirch Energy (SBE-V) in a cash and stock deal worth about $435 million. The acquisition will give Teck the rest of the Frontier oil…


People

Alcoa – Mark Davies appointed president of global business services.


Drillers on a rig at Coalspur's flagship Vista coal project in Alberta. Photo by Coalspur

Coalspur quietly advances Vista

Marketable coal reserves at Coalspur Mines’ (CPT-T) flagship Vista project in Alberta have risen 20% to 313 million tonnes from the 260 million tonnes estimated in the prefeasibility study. The 313 million tonnes will come from a recoverable…


A drill crew at work at Transition Metals' Haultain gold project near Kirkland Lake, Ontario. Photo by Transition Metals

McLean’s Transition to gold

When Scott McLean packed up and left Xstrata (XTA-L) after a long and fruitful career with Falconbridge, he knew exactly what he wanted to do with his time: find another world-class mine.


Drill rigs at HudBay Minerals and VMS Ventures' Reed copper project in Manitoba. Photo by VMS Ventures

HudBay to build Reed copper mine

The board at HudBay Minerals (HBM-T, HBM-N) has agreed to develop the high-grade, near-surface Reed copper deposit in Manitoba into a mine. Production of copper in concentrate is expected to average 17,000 tonnes per year over the five-year…



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