Management moves announced this week include: Pamela White has been appointed corporate secretary of Bell Copper. Tony Barresi will become president and a director of Colorado Resources at the beginning of August. Barresi was previously president and a director of…
Michael Luzich has joined Amerigo Resources as a director. Mr. Luzich is the founder of Luzich Partners LLC, a multi-strategy investment firm formed in 2013 and a significant shareholder in the company. Bill Harper, director and chairman of the audit…
NEWFOUNDLAND – Benton Resources, headquartered in Thunder Bay, ON, has released a positive preliminary economic assessment for the Cape Ray gold project 20 km northeast of Port aux Basque. The project has a pre-tax net present value (7% discount) of…
Newfoundland and Labrador is one of the foremost producers of iron and nickel in Canada, ranking second in production of both metals among Canadian jurisdictions in 2014. It also produces, or has significant resources of a wide range of other…
NEWFOUNDLAND – Benton Resources of Thunder Bay, ON, has made what it calls a “significant” new visible gold discovery at the Staghorn gold property 60 km southeast of Stephenville. The property is owned by Metals Creek…
The minerals industry in Newfoundland and Labrador is confronting the challenging conditions in the broader commodities market with innovative deals and productivity upgrades in both the mining and exploration sectors. Recent developments in…
This year, Newfoundland and Labrador celebrates 150 years of modern mining, going back to the opening of the Tilt Cove copper mine in the historic, and still productive, Baie Verte mining district.
Although iron ore and nickel continue to dominate news from the mining sector in Labrador, exploration and development for gold is gaining momentum on the Island of Newfoundland. Much of the recent and current production of the precious metal…