June 15, 2012

Why a slowdown in China would be particularly bad for Canada

Andrew Hepburn writes that everyone is looking for signs that China is falling apart, but forget to consider how badly Canada would be hurt.

June 15, 2012

Kumtor’s freezing Kyrgyzstan’s ceasing

Kyrgyzstan's economy will grow by barely a quarter of the 7.5 percent originally forecast because of the collapse in output from the nation's flagship venture with Canada's Centerra Gold.

June 15, 2012

Galaxy Graphite Corp. commences field work at SUN project, Quebec

The Phase 1 work program will consist of prospecting, mapping and sampling, and will be completed by early July, 2012.

June 15, 2012

Sirios Resources Inc.: exploration program begins on the Cheechoo gold project, Eleonore Region, James Bay, Quebec

The agreement between the companies allows an exploration program on Golden Valley's Cheechoo and Sharks gold properties. The area has an estimated annual production of 600,000 ounces of gold, over…

June 15, 2012

ATAC Resources Ltd. to raise $11.9 million through bought-deal private placement

An agreement has been met with Macquarie Capital Markets to purchase 700,000 common shares of the mining exploration company.

June 14, 2012

Drilling funded by Freeport-McMoRan of Canada Limited underway on Serengeti’s Choo and Tchentlo properties, British Columbia

The gold-copper Tchentlo and Choo properties, located in the Quesnel Trough porphyry belt, are largely covered by glacial till, which has hampered prior exploration efforts and provides the opportunity of…

June 13, 2012

Labrador Iron Mines commences 2012 exploration program

An exploration budget of $8.6 million has been approved for 2012, comprising 11,280 metres (m) of drilling and 3,600 m of trenching, supported by geophysics, in 12 target areas.

June 13, 2012

Lake Shore Gold forecasts 2012 cost savings while remaining on track to achieve key production targets

Lake Shore intends to reduce its 2012 capital spending by $20 million in hopes of keeping the Bell Creek Mill expansion on schedule.

June 13, 2012

The Duvernay shale is a colossal oil and gas play

In many ways the oil industry is a fashion industry, and in 2011 the exciting new model on the investment bankers’ catwalk was the Duvernay shale.

June 13, 2012

San Gold’s clearcut raises ire of environmentalists

To get a replacement tailing pond started for its mine, San Gold (TSE:SGR) clearcut a forest near the Wanipigow River, but the Manitoba branch of the Wilderness Committee accuses the…