After optioning the Reward project from Rox Resources in 2011, and discovering the Teena zinc deposit on the concession in 2013, Teck Resources has struck a deal with the Aussie junior to acquire the remaining 49% stake in the project that it…
THUNDER BAY: Wolfden Resources Corporation announces the key acquisition of the Rice Island Tie-On property (the”RITOP”) located adjacent to Wolfden’s Rice Island property (the “RIP”) that contains the Rice Island nickel-copper-cobalt deposit. The deposit has been targeted in drilling programs completed by…
WILLIAMS LAKE: Taseko Mines Limited has just announced the discovery of a new high-grade copper zone northwest of the perimeter of the Extension Pit at its Gibraltar mine near Williams Lake, B.C. Diamond Drill Hole (DDH) 2015-001 was drilled to…
NEWFOUNDLAND: Great Atlantic Resources Group of Vancouver announces that it has begun a trenching program at its South Quarry Tungsten Property, located in east-central Newfoundland. The trenching program is being conducted in the northern region of the South Quarry Property…
BRAZIL – Toronto’s Largo Resources has reported two new production records this month at its Maracas Menchen vanadium pentoxide plant in the Bahia state. On Aug. 23 a new daily production record of 27 tonnes V2O5 or 102% of plant…
ONTARIO – Toronto-based Noront Resources recently filed an updated 43-101 report for the recently acquired Black Thor, Black Label and Big Daddy chromite deposits in the Ring of Fire. Black Thor and Black Label are 100% owned by Noront…
BRITISH COLUMBIA – International diversified miner Rio Tinto is preparing the first shipments of aluminum from its modernized Kitimat smelter.
QUEBEC – Montreal-based Rio Tinto Alcan is upgrading its aluminum smelter at Alma for an estimated cost of $12 million. The project is to be complete in the second half of 2016.
VANCOUVER: Thompson Creek Metals Company Inc. says production and sales from its Mount Milligan Mine for the quarter ended March 31, 2015 was 30.3 thousand dry tonnes, with 15.4 million pounds of payable copper and 46.1 thousand ounces of…
QUEBEC – Orbite Aluminae of Montreal has completed the first part of a public offering in the amount of $10 million. The underwriter, Euro Pacific Canada, has an option to purchase $5 million worth of additional units. The net proceeds…
ONTARIO – Spunky Toronto-based junior, Noront Resources, has offered US$20 million to acquire the subsidiaries of Cliffs Natural Resources that hold claims in the Ring of Fire, 500 km northeast of Thunder Bay. Cliffs abandoned its…
ONTARIO – If readers were holding out hope that Cliffs Natural Resources would come to its senses and decide to move forward with its projects in Canada, they can get used to the idea that the US-based company will not be active in Canada…