Coal shipping terminals in British Columbia could face competition down south
Coal from Montana and Wyoming is often shipped through ports in British Columbia, such as Westshore Terminal near Vancouver, B.C., or to […]
Coal from Montana and Wyoming is often shipped through ports in British Columbia, such as Westshore Terminal near Vancouver, B.C., or to […]
Inmet Mining (TSE:IMN) was down 7.41% to Can$64 on Friday after the Government of Panama announced that it will repeal recently enacted legislation, known as Law 8, that modifies the Panamanian mineral resources code. The price drop complicates the company's proposed merger with Lundin Mining. In Jan. 2011, Inmet and Lundin Mining announced a merger that would create Canada's largest base metal producer. However, Equinox Minerals launched a hostile bid for Lundin in late February.
In the world of precious metals, silver spends a lot of time in the shadow of its big brother gold.
The chief of the Canadian First Nation at the centre of the controversial Prosperity Mine in north-central British Columbia lashed out at the […]
Taseko Mines submitted a new plan for its Prosperity project on Monday, saying it has addressed environmental concerns that saw its last plan rejected by the Canadian federal government.
Silvercorp announced on Thursday that it received a positive preliminary assessment for its Silvertip silver-lead-zinc project in northern British Columbia. Silvercorp's stock was up 4% on the TSX on Friday. The report prepared by Golder Associates favoured a small mine and mill operating seasonally at 500 tonne per day or 72,000 tonne per year. "The initial capital cost of the project is estimated to be $US49 million with sustaining capital costs over the remaining mine life (21 years) estimated at $US54.2 million. The payback period is estimated at 4 years for the base case and 2 years for the upside case after reaching commercial production."
The Association for Mineral Exploration British Columbia said on Wednesday that the agreement to compensate the miners for development work in the Flathead River basin are too low. "AME BC remains appalled by the lack of due process in reaching a timely and fair compensation agreement for the taking of mineral titles in the Flathead", stated Gavin C. Dirom, President & CEO of AME BC in a press release.
Through centuries of turmoil, gold has always been a reliable store of value.
In late December 2010 a spokesman for the National Democratic Front (NDF), a confederation that encompasses many of the country’s leftist groups — including the Communist Party of the Philippines (CPP) and its New People's Army (NPA) military wing — warned that it intended to increase the tempo of attacks against mining companies.