Canadian Silvercorp Metals (TSX: SVM-News)(NYSE: SVM-News), China’s biggest silver miner that was accused this year of accounting and production fraud in anonymous letters to authorities, has retained independent consultants to confirm resource estimates at four of its properties.
Due to the high Australian dollar and low molybdenum prices, Moly Mines says the Spinifex Ridge molybdenum/copper project is sub-economic and the company won't be developing it.
CALGARY, Dec. 28, 2011 /CNW/ - Athabasca Oil Sands Corp. (TSX: ATH) is pleased to announce that MacKay Operating Corp. (MacKay Opco) has received full regulatory approval from Alberta Energy Resources Conservation Board and Alberta Environment and Water for the MacKay River commercial oil sands project.
VANCOUVER, BRITISH COLUMBIA--(Marketwire - Dec. 27, 2011) - Columbus Silver Corporation (TSX VENTURE:CSC) ("Columbus Silver") is pleased to announce that Santa Fe Gold Corporation (OTCBB:SFEG) ("Santa Fe") has announced it has obtained conditional debt financing to complete its acquisition of Columbus Silver.
In 2012 the Canadian dollar is predicted to stay just below par and Canadian GDP will grow just two percent, according to Doug Porter, Deputy Chief Economist at BMO Capital Market, who released his 2012 predictions on Boxing Day.
Crystallex International received protection today under the Companies' Creditors Arrangement Act of Canada, and the company will also be delisted from the Toronto Stock Exchange next month.