Wesdome extends Eagle River zone 7 at depth

Cenovus generated cash flow of $939 million or $1.24 per share diluted in the second quarter of 2011. Refining operating cash flow was $322 million during the quarter mainly due to improved refined product prices and higher throughput.

Ditem Explorations (TSX VENTURE:DIT) is pleased to announce that the summer exploration program on the Lalande property is now underway.

Zimbabwe's state media has reported that the state mining corporation says it is paying government employee raises this month with revenues from controversy-mired diamond fields in eastern Zimbabwe.

The chief of a Saskatchewan First Nation located near BHP Billiton Ltd.'s Jansen potash project is calling on the province to consult aboriginal communities in the region about the potential mine.

As the State Department weighs approving an oil pipeline stretching from Canada to Texas, experts are divided on whether the Keystone XL project would worsen global warming.

The value of mergers and acquisitions in the mining sector more than doubled to $96.3 billion in the first six months of the year and could top $200 billion for the whole of 2011 says a new research report. Canadian companies – both as acquirers and as the targets of buyers – dominated corporate finance activity in the first half shaking on more than a deal a day and at 325 deals accounting for almost two-thirds of all the metals and minerals transactions carried out around the world.

Grizzly Discoveries Inc. announced on Monday it has applied for a new metallic and industrial mineral permit in Alberta along the Saskatchewan border covering approximately 4,672 hectares to add to its existing land holdings of more than 2.4 million acres for its Alberta Potash Project. Stocks in the micro-cap company was steady at 70c on Monday following the news and is worth more than double what it was at the start of 2011. Apart from potash Grizzly is exploring for gold and base metals in British Columbia and diamonds in Alberta.

A proposed oil pipeline running from Alberta to the B.C. coast gets a critical look by National Geographic, a media company that has a potential reach of 280-million people each month. The article, Pipeline Through Paradise, looks at the coastline and the potential for mis-haps. The Enbridge Northern Gateway Pipelines Project is a proposed $5.5-billion pipeline running 657 kilometres from Bruderheim, Alberta to Kitimat, located on the central coast of British Columbia. The oil would then be sent overseas on tanker traffic.

Canadian company Northern Graphite Corporation says it has successfully produced graphene from  its Bissett Creek project in Northern Ontario. MINING.com recently reported […]