The Globe & Mail reports this week, British Columbia premier Christy Clark announced during her China trade mission that she has secured $860 million in financing to build a coal mine in northeast BC near Hudson’s Hope which will eventually create 4,800 jobs.
What Clark didn’t mention is the hitch: The proposed Gething mine would be built in the West Moberly First Nation’s territory. The province knows full well that the native band – one of a small number with a treaty in BC – opposes the plan.
Fjordland Exploration Inc. (TSX VENTURE:FEX) is pleased to report that it has encountered mineralization in both its Tak (Moffat) and Red Lobster late-season drilling programs, in central and southeastern BC, respectively.
Goldstrike Resources Ltd. (TSX VENTURE:GSR)(PINK SHEETS:APRAF)(FRANKFURT:KCG1) is pleased to announce that follow-up sampling of its Oliver property has confirmed previous results which included 4.003 grams per tonne gold in a grab sample (see news release August 9th, 2011).
A proposed coal mine near Hudson's Hope, BC, got a billion-dollar shot in the arm today.
The BC government reports that CKD Mines, which is developing the Gething metallurgical coal project, will receive $1.36 billion through two separate investments coming from Chinese companies — the first, $860 million, is from CKD Mines, a partnership formed in 2010 that includes the Kailuan Group Co., Ltd, Shougang Group and Canadian Dehua International Mines Group Inc.
CALGARY, ALBERTA–(Marketwire – Nov. 7, 2011) –
Crystallex International Corporation (TSX:KRY)(NYSE Amex:KRY) announced today that its February 16, 2011, Request for Arbitration before the Additional Facility of the World Bank's International Centre for Settlement of Investment Disputes ("ICSID") against the Bolivarian Republic of Venezuela ("Venezuela") has been registered by the Secretary General of ICSID.
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