Daily News

GOLD: IamGold cuts 2015 outlook after third Westwood rockburst

QUEBEC – Toronto-based IamGold reported a third rockburst at its Westwood gold mine, and the occurrence has the company cutting its 2015 guidance at the mine in half. Expectations are now that 60,000 to 75,000 oz of gold will be recovered...
Jul 6, 2015 1:15PM

POTASH: Western Potash gets $80M infusion for Milestone project

SASKATCHEWAN – Following the completion of a positive scoping study for its Milestone solution potash project 30 km east of Regina, Western Potash Corp. of Vancouver says its has received an $80-million equity investment by Beijing Tairui...
Jul 6, 2015 1:11PM

GOLD-COPPER: Western, Tr'ondëk Hwëch'in sign deal for Casino project

YUKON – Western Copper and Gold Corp. and the Tr'ondëk Hwëch'in (TH) First Nation have signed an initial co-operation agreement for the Casino gold-copper project 300 km northwest of Yellowknife. A portion of the Casino property...
Jul 6, 2015 1:07PM

GOLD-COPPER: Discovery Ventures applies to take bulk sample at Willa

BRITISH COLUMBIA – Discovery Ventures of Vancouver has filed an application with the BC Ministry of Mines to take a 10,000-tonne bulk sample from its Willa gold-copper project in the Slocan district. The permit also allows trenching,...
Jul 6, 2015 1:05PM

NioCorp CEO provides cash to company

For the second time in less than two months, Mark Smith of NioCorp Developments (TSX: NB; US-OTC: NIOBF) has dug into his own pockets for loans to the company he leads.
Jul 6, 2015 1:03PM

MINING: North American Palladium Announces Resumption of Milling Operations

TORONTO - North American Palladium Ltd. announced today that milling operations at its Lac des Iles ("LDI") mine site were successfully restarted on June 26, 2015. Underground operations continued during the suspension of milling...
Jul 3, 2015 5:36AM

MERGERS: Alamos and AuRico Metals Announce Completion of Merger

TORONTO - Alamos Gold Inc.  and AuRico Metals Inc.  are pleased to announce the completion of the previously announced arrangement ("Arrangement") involving Alamos Gold Inc. (a predecessor to Alamos) ("Former Alamos")...
Jul 2, 2015 12:29PM

TAKEOVER BID: Red Eagle Mining makes bid to acquire CB Gold

VANCOUVER: Red Eagle Mining Corporation just announced that it has formally commenced its share exchange takeover bid to acquire all of the issued and outstanding shares of CB Gold Inc. in exchange for shares of Red Eagle Mining.
Jul 2, 2015 12:28PM

EQUIPMENT: MTG launches the new LHD Lip System for underground mining

Pain - MTG today has announced the launching of a new complete bucket protection system for loaders in underground mines, the LHD Lip System, that has been tested with excellent results Canadian and Portuguese mines. This welded system comes...
Jul 2, 2015 12:27PM

DEVELOPMENT: Western Potash Delivers Scoping Study for Scalable Pilot Plant at Milestone

VANCOUVER - Western Potash Corp. is pleased to announce the completion of a Scoping Study for a Pilot Plant Scale Selective Solution Mining Operation (the "Pilot Study") on the Company's 100% owned Milestone property in southern...
Jul 2, 2015 11:12AM

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