Cecilia Jamasmie , Editor-in-Chief

Posts by Cecilia Jamasmie:

NovaGold on its way to sell Galore Creek stake

Canadian miner NovaGold Resources Inc. (TSX:NG) said today that it has begun the process of trying to sell its 50% stake in the Galore Creek copper-gold project in British Columbia, in order to fully focus on its flagship Donlin gold project in Alaska, in a stament announcing its poor Q4 results.

BHP gets $US5.25billion in five-part bond deal

Despite persisting tightness in global money markets, mining multinational BHP Billiton (NYSE:BHP) has raised the third-biggest amount this year, selling a $5.25-billion five-part global bond to the US securities market.

Gold exploration in Nunavut gets a boost

Toronto and New York-listed gold producer Agnico-Eagle Mines Limited (AEM) has received permission from the Nunavut Impact Review Board (NIRB) to move ahead with an all-weather access road to its Meliadine exploration gold project.
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Codelco eyes $800m extension to keep Gabriela Mistral open until 2055

Environmental permit application includes ending the use of domestic land-based water at the mine in 2035.