Canada

Southern Pacific Resource advances McKay

If everything goes according to plan, Southern Pacific Resource (STP-T) will finish construction of its McKay thermal project in Alberta in the second quarter of next year, with the first steam to follow and production targeted to get underway…



Teck advances its oilsands projects

Teck Resources (TCK.B-T, TCK-N) is looking to produce more than 30,000 barrels of bitumen per day by 2016 from its oilsands projects in Alberta.


Prophecy Platinum's Wellgreen PGM-nickel project in the Yukon. Photo by Photo by Ian Bickis

Prophecy Platinum surges on drill results

Shares of Prophecy Platinum (NKL-V, PNIKD-O) shot up 10.2%, or 43¢, to $4.63 on drill results from its flagship Wellgreen deposit in the Yukon Territory, about 317 km northwest of Whitehorse. 




Fronteer ex O’Dea raising $20M for Blue Gold Mining

Vancouver – Fresh from the $2.3-billion sale of his Nevada-focused explorer Fronteer Gold in February, Vancouver-based Mark O’Dea has announced plans to raise up to $20 million for a new company, Blue Gold Mining (BGX-V).


Alderon’s positive PEA for Kami

Alderon Resources (ADV-V) says it has the ingredients in store to launch its Kamistiatusset (Kami) iron ore project in western Labrador by 2015.


A new zone at Seabee doesn’t disappoint Claude

Just three months after discovering the L62 zone at its Seabee gold mine in northern Saskatchewan, Claude Resources (CRJ-T, CGR-X) has outlined a strike length for the zone of 75 metres, a dip length of 300 metres and has decided to add another…




Niobec stake could be cash cow for Iamgold

Iamgold Corp. (IMG-T, IAG-N) made it clear back in June that it was looking to monetize 10%-20% of its Niobec niobium mine in the near term, but the sale last week of a 15% stake in a Brazilian niobium producer to a Chinese consortium has set…


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