Daily News

COMMENT: BHP Billiton offers details of asset spinoff

For weeks talk and stories about BHP Billiton's streamlining of its assets have been making the rounds in mining circles. So it's no surprise that the company has finally released some details about its plans.
Aug 26, 2014 4:20PM


COPPER-GOLD: Imperial, Tahltan council to re-examine Red Chris tailings design

BRITISH COLUMBIA – Imperial Metals Corp. of Vancouver and the Tahltan Central Council have signed an accord the focal point of which is a review of the Red Chris tailings impoundment area 80 km south of Dease Lake. The design,...
Aug 26, 2014 4:18PM


GOLD-COPPER: Western awards EPCM contract for Casino

YUKON – Vancouver-based Western Copper and Gold Corp. has awarded the engineering, procurement and construction management contract for the Casino gold-copper project to M3 Engineering and Technology of Tucson, AZ. The Casino property is...
Aug 26, 2014 4:17PM


TITANIUM: Argex signs second long term offtake agreement

QUEBEC – Argex Titanium of Montreal has signed an exclusive, long term marketing and supply agreement with a subsidiary of German-based Helm AG. Helm US Corp. will distribute 50% of the titanium dioxide made in Argex's...
Aug 26, 2014 4:15PM


GOLD: New grinding, milling circuits boost Banks Island throughput

BRITISH COLUMBIA – Banks Island Gold of Vancouver is commissioning the new grinding and flotation circuits at its Yellow Giant gold property 120 km south of Prince Rupert with the expectation that throughput will soon reach 200 t/d. Gold...
Aug 26, 2014 4:14PM


Peregrine shares drop on dilutive $15M financing

Shares in Peregrine Diamonds (TSX: PGD) fell by more than 20% on news of a $15.1-million rights offering that could dilute the stock by 100%.
Aug 26, 2014 4:08PM


GUEST OPINION: Mining states its case to politicians

The Canadian Mineral Industry Federation (CMIF) presented its strengths and concerns to governments today at the 71st Energy and Mines Ministers Conference in Sudbury, ON. The Ontario Mining Association is a participant in CMIF, whose members...
Aug 25, 2014 3:58PM


MERGER: Hudbay to pick up remaining Augusta shares

TORONTO – It's been a long courtship, but Hudbay Minerals has finally reached the point where it can take up the remaining 4% of Augusta Resource Corp. shares. The original offer was made in February 2014, but Augusta fought the takeover...
Aug 25, 2014 3:56PM


GOLD: Premier files 43-101 estimate for Hardrock project

ONTARIO – Premier Gold Mines of Thunder Bay, ON, has filed a 43-101 compliant resource estimate for its Hardrock gold project. Although contained resources in the indicated category have grown 50%, overall inferred resources contain 27%...
Aug 25, 2014 3:53PM


COAL: Morien waves opportunity to buy out Donkin partner

NOVA SCOTIA – Two weeks ago Morien Resources Corp. was given notice that its partner in the Donkin coal project on Cape Breton wished to dispose of its 75% interest in the project. Because Morien held a right of first refusal, Glencore...
Aug 25, 2014 3:51PM


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