TORONTO – On the evening of May 6 at the 2013 CIM Awards Gala, the Canadian Institute of Mining, Metallurgy and Petroleum honoured dozens of its members, recognizing many of the mining industry's best and brightest.
Fancamp Exploration’s (FNC-V) first resource estimate on its Lac Lamêlée South iron project in the Fermont mining district of Quebec has outlined 520 million tonnes grading 39.5% Fe at a 22% Fe cut-off grade – about...
ONTARIO – Toronto-based junior Gowest Gold has announced plans to test mine the Frankfield East gold deposit next year. The deposit is part of the company's North Timmins project 50 km northeast of Timmins.
QUEBEC – Maudore Minerals of Montreal has updated the resource estimate for the Vezza gold project 25 km south of Matagami. The property was recently purchased from North American Palladium when that company divested all its gold...
MANITOBA – Carlisle Goldfields of Toronto has released the initial resource estimate for the Farley Lake gold project, saying there may be over 1.0 million oz of contained gold in the indicated and inferred categories. The property is...
LABRADOR – Alderon Iron Ore Corp. of Vancouver has awarded the engineering, procurement and construction management contract for its Kami iron ore project near Wabush to Worley Parsons Canada. The contract is estimated to be worth $92.5...
VANCOUVER — It was not always a smooth transition, but roughly 12 months after the announcement Glencore International has solidified a US$29-billion takeover bid for Xstrata, with the merged company trading as Glencore Xstrata (GLEN-L)...
TORONTO – Just three days after they were offered, the sale of $3 billion (all US dollars) worth of debt securities offered by Barrick Gold has been completed. The securities included $650 million of 2.50% notes due in 2018, $1.5 billion...
SWITZERLAND – The US$30-billion, all-share takeover of Xstrata plc by Glencore International is compete, and the company businesses will go forward under the GlencoreXstrata plc banner. The merger was a year in the making as so many...
IDAHO – Formation Metals of Vancouver will not be proceeding at this time with the underground development of its Idaho cobalt project 40 km west of Salmon. Weak cobalt prices and turbulent financial markets over the past year were blamed...
Vancouver-based Alderon Iron Ore Corp. has named Brian Penney its new COO. He has extensive knowledge about the deposits of the Labrador Trough thanks to his many years with Iron Ore Company of Canada. He was most recently president and CEO of...
A resource update for First Phosphate’s (CSE: PHOS; US-OTC: FRSPF) main Bégin-Lamarche project in northeastern Quebec has boosted the indicated tonnage more […]