ArcWest expands Oxide Peak copper-gold project

Q2 highlights include gold production of 92,003 ounces, a new quarterly record, operating cash flow of $55.7 million and record mill throughput and mined tonnage.

"This promotion is consistent with a renewed focus on operational fundamentals, delivering on key metrics at our sites, and reducing costs across our operations and projects."

Canadian miner Goldcorp appointed George Burns as the new executive vice president and chief operating officer. Burns replaces Steve Reid, who is leaving the company to pursue other interests.

Canadian oil industry support group, EthicalOil.org, filed a 143-page complaint with the Canada Revenue Agency accusing Tides Canada of funnelling charitable donations to highly political, and non-charitable, groups like PETA and ForestEthics.

The president of the Qikiqtani Inuit Association is on a junket at the London Olympics as a guest of ArcelorMittal, which is in the final stages of getting approval for its giant iron mine on Inuit land.

US Silver board of directors voted instead to merge with Canadian RX Gold & Silver and form a new firm.

For those who expected that Canada’s reporting season would give its subdued mergers-and-acquisitions market a good push, consultants from Ernst & Young have a clear message: a merging frenzy this way comes.

Mountain Province Diamonds Inc. confirmed that joint venture operating partner, De Beers Canada Inc. has reported that the permitting of the Gahcho Kué diamond project is progressing on schedule. The 24-month environmental review is nearing completion with the final hearing scheduled in approximately four months.

A deal between BHP Billiton and Toronto-based jeweller Harry Winston Diamond might be around the corner according to the Financial Times.