Cash from the sale will be used to proceed with the takeover of Spectra Energy and fund other growth projects.
British Columbia Mining News
Vancouver-based JDS Silver Inc. has just received USD$65 million from resources-focused private equity firm Denham Capital.
Mount Rainey Silver’s primary asset is a 100% owned portfolio of 46 Crown-granted mineral claims covering the past-producing, underground Prosperity–Porter Idaho–Silverado silver property located in the Golden Triangle of northwest British Columbia in the Skeena Mining Division.
Restarting idled coal mines might seem like an odd way to fight climate change, but that’s the plan for a U.S. conservationist and his business partners, who recently acquired three Tumbler Ridge-Chetwynd area coal mines.
Natural Resources Minister Jim Carr has until Thursday to make a decision.
Sunset start clause for the pipeline tied to Petronas LNG project extended from June 2016 to June 2017
Out of 75 documented threats against nine designated natural and cultural sites, 23 belong to the "physical resource extraction" category.
Interest is spurred by the rebound in coal price, and by knowledge that steel mills in Asia are looking to diversify their coal import portfolios.
Two years after the mine’s massive tailings pond collapse, the tarnished Golden Triangle environmental and economic fallout continues.
Banks Island Gold along with its CEO and chief geologist, are facing charges for allegedly 200 kg of waste material in the streams around the Yellow Giant gold mine, near Prince Rupert, B.C.
B2Gold’s stock has gained almost 229% so far this year.
Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.
The deal covers the Jesse Creek porphyry copper property, located north of Merritt, BC and is subject to a 2% net smelter return royalty reserved by the property owners.
Recommendations regarding better site investigation procedures, and stricter adherence to tailings management procedures are obvious steps in the right direction.
The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.
Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.
$177 million settlement announced Wednesday requires action to prevent future spills.
The British Columbia-based firm expects to hire approximately 500 full-time employees in the near future.
Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.
The project, close to Seabridge Gold's Iskut venture, covers several gold, silver and base metal prospects that were discovered in the late 1980's near the historic Snip mine.
It was one of the worst environmental disasters in Canadian history, and now, the company behind the 2014 Mount Polley mine tailings breach is looking to make somebody pay.
Billions of dollars of undiscovered gold, silver, and copper still sit within an unexplored area that was once remote. However, only now can these world-class deposits be finally tapped.
Greg Beischer and his team at Millrock Resources (MRO-V) didn't spend the depths of the bear market for exploration juniors bemoaning the awful state of things. Quite the opposite.
Alloycorp Mining Inc. (TSX-V: AVT), a junior miner that has been working on the reboot of a molybdenum mine in Kitsault, is going dark.
Geoscience BC releases comprehensive guide for BC communities on development of direct-use geothermal
Geoscience BC today released its Direct-Use Geothermal Roadmap, a comprehensive guide for communities and businesses to help them evaluate and develop local geothermal energy projects to stimulate economic development and reduce greenhouse gas emissions.