Banks Island Gold Ltd
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GOLD: Banks Island files for bankruptcy
VANCOUVER – Banks Island Gold has filed for bankruptcy protection because it can no longer meet its obligations as they become due. D. Manning & Associations will act as trustee. Benjamin W. Mossman will remain president, CEO and the sole…
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GOLD: Banks Island suspends mining at Yellow Giant
BRITISH COLUMBIA – Banks Island Gold of Vancouver suspended mining at its Yellow Giant gold mine on Banks Island on July 31, 2015. The company says the property will remain on care and maintenance until permitting and regulatory issues…
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BC Minister Bill Bennett encourages explorers to be optimistic at KEG 2015
KAMLOOPS, B.C. — Speaking at this year’s Kamloops Exploration Group (KEG) conference in Kamloops, B.C., the province’s Minister of Energy and Mines Bill Bennett encouraged junior explorers to keep their chin up.
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SILVER: Banks Island Gold sells Yellow Giant silver stream
BRITISH COLUMBIA – Vancouver’s Banks Island Gold has signed a binding letter of intent with SilverStream SEZC for the silver stream from its Golden Giant gold project on Banks Island. The deal is worth US$1.5 million.
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Banks Island hits commercial production at Yellow Giant
Banks Island Gold’s (TSXV: BOZ) Yellow Giant gold-silver project is the latest mine to achieve commercial production in northwestern British Columbia.
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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…
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GOLD: Permit issued for Yellow Giant mine
BRITISH COLUMBIA – The Mines Act Permit for the Yellow Giant gold project on Banks Island has been issued to Banks Island Gold of Vancouver. The British Columbia Ministry of Energy and Mines approved the mine plan and reclamation program….
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GOLD: Banks Island makes marketable concentrate at Yellow Giant
BRITISH COLUMBIA – Banks Island Gold of Vancouver has produced the first marketable gold concentrate from the Yellow Giant mine and mill near Prince Rupert. A minimum of 100 tonnes of gold concentrate is to be shipped on Friday, Jan. 24,…
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GOLD: Banks Island nears production at Yellow Giant
BRITISH COLUMBIA – The dense media separation plant has been commissioned at the Yellow Giant gold project on Banks Island, 120 km south of Prince Rupert. Owner Banks Island Gold of Vancouver said the plant will be operating full time by…
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MORE MONEY: News of successful placements continue
Last week we were pleased to list some successful private placements of the seven-figure size made by Canadian junior companies. The good news continues this week.
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GOLD: Banks Island hires underground miners for Yellow Giant
BRITISH COLUMBIA – Banks Island Gold of Vancouver has passed a milestone in the development of its Yellow Giant gold mine by hiring the underground workforce and procuring the mining equipment. The project is located on Banks Island, 120…
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MINING PEOPLE: Banks Island Gold, Lincoln Mining, and Sherritt
Wolf Nickel is the new chairman of Vancouver-based Banks Island Gold. He retired from a 35-year career at Teck and Cominco, most recently as president and general manager of Highland Valley Copper. Nickel is also a director of Candente Copper.