World’s top uranium miner Cameco swings to loss in first quarter

Morrison Park Advisors ("MPA") is pleased to announce that it is expanding its mining sector presence with the appointment of Stephen Altmann as Managing Director. Previously a CEO-level mining executive and investment banker, Steve will work with MPA's team of seasoned professionals in providing high quality strategic, corporate and financial advisory services to companies in the mining sector.

In the midst of mine ramp-up, Mark Cruise, Trevali Mining president, says cash should start flowing from commercial operations in the second quarter this year.

BHP Billiton could receive less than $500 million for its Ekati diamond mine in Canada's Northwest Territories.

British Columbians support Enbridge Inc.’s proposed Northern Gateway pipeline project by a 48% to 32% margin, according to an Ipsos Reid survey released January 5.

Zone Resources Inc. (CVE:ZNR) has retained Grandich Publications LLC to conduct investor relations and communications for one year for the Vancouver-based iron ore exploration company.

Danny Williams, the colourful ex-premier of Newfoundland, will serve as special advisor to the chairman of iron ore junior Alderon Iron Ore Corp. (CSV:ADV).

LAB Chrysotile Inc., one of the two remaining Quebec’s asbestos miners, has filed for bankruptcy because of high fixed costs and sharply declining revenues.

John Zigarlick Jr., who spearheaded construction of a pioneering winter mining road in the North, died Dec. 16 in Edmonton. He was 74.

Cameco (TSX:CCO) (NYSE:CCJ) announced today it has reached the main mine workings with the second shaft at the Cigar Lake uranium mining project in northern Saskatchewan. Miners removed the final section of rock connecting shaft 2 with the mine workings 480 metres below surface on January 3, 2012. The second shaft will provide for increased ventilation of the underground workings as well as additional means of entering and exiting the mine. SASKATOON, SASKATCHEWAN--(Marketwire - Jan. 3, 2012) -