IAMGOLD rejects rumours of planned assets sale

A motion asking the Quebec government to withdraw its offer to finance the province's remaining asbestos mine has failed.

Canadian miner Mandalay Resources (TSX: MND, MND.WT) announced today that scheduled shipment of concentrate for February from the Cerro Bayo silver-gold mine in Chile has been delayed due to increasing public protests in the south of that country.

The Saskatchewan government has given approval for Golden Band Resources Inc. to open its Golden Heart gold mine in northern Saskatchewan.

The job of putting up the proposed hybrid wind farm at Diavik Diamond Mine has begun. Trucks are beginning to take the blades for the windmills and its other components along the Tibbitt to Contwoyto Winter Road to the mine.

According to a recent report generated by the Ontario Ministry of Tourism and Culture, the Prospectors and Developers Association of Canada's (PDAC) Convention contributed nearly $72 million to Toronto's economy in 2011.

In the midst of intense lobbying from Canada, a committee of the European Union Parliament blocked passage of a proposed fuel quality directive that would label Canada’s oil sands as a more carbon-intensive source of oil than conventional crude

Eastern Canada’s New Brunswick claimed the top spot at the world’s most attractive jurisdiction for mineral exploration and development list, released by the Fraser Institute today.

An emerald cut diamond valued between $900,000 and $1 million is set to be auctioned in Vancouver on Sunday at the Sutton Place Hotel.

On much heavier volumes than usual Grizzly Discoveries shed 3c or 6.52% by midday Tuesday. Before the market open the Edmonton-based company announced a potash discovery near Medicine Hat in Alberta Canada that wasn't as exciting as investors had clearly hoped – drilling yielded potash grades up to 31.1% K2O, but only over 0.3 metres.