Canada

NOVAGOLD RESOURCESNo more Galore: NovaGold Resources and Teck Cominco have shelved the Galore Creek copper-gold project, in northwestern B.C., owing to escalating costs and slow progress.

Sun sets on Galore…for now

Vancouver — Just six months after NovaGold Resources (NG-T, NG-X) brought on Teck Cominco (TCK.B-T, TCK-N) as a partner to build a mine at its Galore Creek copper-gold deposit in northwestern B.C., t…



San Gold picks up $25M for Rice Lake

Vancouver — Following a slew of promising drill results from the company’s Rice Lake gold mine in Manitoba, San Gold (SGR-V, SGRCF-O) has announced a $25-million bought-deal private placement.


Western Canadian Coal plummets on Q2 loss

Vancouver — Western Canadian Coal’s (WTN-T, WTN-L) 2008 second quarter was not a pretty one, with the northeastern B.C. coal producer posting a whopping net loss of $43.9 million or 38 per share.









Galore Creek mothballed

Vancouver – Just six months after NovaGold Resources (NG-T, NG-X) brought on Teck Cominco (TCK.B-T, TCK-N) as a par…


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