British Columbia Mining News and Commentary

BC mining industry earned extra $2 billion in 2011 on strength of coal, silver

Andrew Topf | May 16, 2012

The mining industry in British Columbia produced some healthy numbers in 2011, buoyed by high commodity prices and continued growth in mineral exploration, according to PwC’s annual BC Mining Survey.

Shell consortium plans $12 billion LNG plant in Kitimat

Business in Vancouver | May 16, 2012

Four global energy giants plan to develop what is likely to be a $12 billion liquefied natural gas (LNG) plant in Kitimat – a project that would be the largest of four LNG plants proposed for British Columbia.
Xstrata Coal, JX Nippon plan $35 million study of B.C. coal project

canadianpress | May 15, 2012

A partnership formed by JX Nippon Oil & Energy and Xstrata Coal will invest $35 million on a preliminary study of the Suska coal project in eastern British Columbia.
New preliminary feasibility study improves Seabridge Gold's KSM Project

Marketwire - Mining and Metals | May 14, 2012

Seabridge Gold Inc. (SEA.TO)(SA) announced today the results of an updated National Instrument 43-101-compliant Preliminary Feasibility Study ("PFS") for its 100% owned KSM project located in northern British Columbia, Canada.
Mulcair accuses the West of creating Dutch Disease, Clark says the NDP are speaking gobbledygook

Michael Allan McCrae | May 12, 2012

British Columbia Premier Christy Clark pushed back after the NDP's new federal leader, Thomas Mulcair, said that the resource ramp up in Western Canada is coming at the expense of manufacturing jobs out east.
BC mining industry the epicentre of investment

Vancouver Sun | May 10, 2012

These are the good old days for the British Columbia mineral exploration sector.
Taseko redux? BC first nation flexes muscles on Red Chris

MINING.com Editor | May 9, 2012

A proposal by Imperial Metals to develop the Red Chris mine in northern BC is not sitting well with a local First Nation.
Imperial Metals granted mining permit for BC copper/gold project

Mineweb | May 7, 2012

British Columbia-based Imperial Metals Corp has been granted a mining permit for its Red Chris copper-gold project, which gained provincial and federal environmental approvals in 2005 and 2006, respectively.
White Rock protestors released from custody after blocking a coal train

Global BC | May 6, 2012

Fourteen protesters arrested for blocking a coal train in White Rock have now been ticketed and released.
Goliath vs David and Goliath battle brewing over world-first 'stainless steel' deposit

Frik Els | May 5, 2012

Vancouver's First Point Minerals served notice of arbitration on Cliffs on Saturday because the iron and coal giant refuses to hand over crucial information about the tiny explorer's Decar project, set to become the world's first commercial nickel-iron alloy mine, effectively naturally-occurring 'stainless steel'. BlackRock, an asset manager with more than $3 trillion in assets picked up a stake in First Point two months ago.
Vancouver opposition to oil sands pipeline chance for Redford to be peacemaker

Calgary Beacon | May 4, 2012

The rallying cry is a simple one: Cui bono? Who benefits?
Fluor wins copper mill optimization work in British Columbia worth $397 million

Fluor Corporation | May 4, 2012

Fluor Corporation (NYSE: FLR) announced today that it was awarded a contract from Teck (NYSE: TCK) to provide engineering, procurement and construction management (EPCM) services for the Highland Valley Copper Mill Optimization project in British Columbia, Canada.
Pretium raises $70 million through share offering

Andrew Topf | May 3, 2012

Pretium Resources, a gold junior developing the Brucejack and Snowfield properties in British Columbia, today raised $70 million through a share offering.
Pretium Resources Inc.: Valley of the Kings intersects 9,110 g/t gold as drilling resumes

Marketwire | May 2, 2012

Pretium Resources Inc. reported initial results from the 2012 drill program at its high-grade gold Brucejack Project in northern British Columbia.
BC overpaid by $21 million to settle uranium mine claim: NDP

Andrew Topf | April 29, 2012

The Opposition New Democratic Party is alleging the Liberal government of BC overpaid Boss Energy to abandon plans for a uranium mine near the Interior city of Kelowna.
The Great Bear Rainforest becomes The Great Trade Barrier

Michael Allan McCrae | April 24, 2012

Vivian Krause, a Vancouver blogger who has been digging into the finances of green groups, takes a hard look at the finances of Suzuki Foundation and draws linkages to foundations in the U.S. who may have an interest in tying up Canada's oil supply rather than let the country diversify exports in the east.
Record revenues for Teck despite lower metals prices

Andrew Topf | April 24, 2012

Teck Resources fought against lower metals prices to post record revenues for the first quarter.
Jim Rogers becomes director of a B.C. gold company

Michael Allan McCrae | April 21, 2012

Jim Rogers, legendary commodity investor and co-founder of the Quantum Fund, became a director at Spanish Gold Mountain.
Avanti pops 20% after securing $640 million loan for moly mine

Andrew Topf | April 20, 2012

Avanti shares rose 20% Thursday after the Vancouver company secured $640 million in financing for its Kitsault molybdenum mine.
Thompson Creek Announces Completion of the Endako Mill Expansion Project and Preliminary First Quarter 2012 Production and Cash Cost Results

CNW Telbec | Mining/Metals | April 19, 2012

Thompson Creek Metals Company Inc. (the "Company" or "Thompson Creek"), a growing, diversified, North American mining company, today announced the completion of the mill expansion project at the Endako mine.
NovaGold On Track To Complete the NovaCopper Spin-Out on April 30

Marketwire | April 17, 2012

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) ("NovaGold" or "the Company") is pleased to announce that it will be implementing the previously approved spin-off of NovaCopper Inc. ("NovaCopper") on schedule and as planned Monday, April 30, 2012 to NovaGold shareholders of record as of the close of business on Friday, April 27, 2012 (the "Record Date").
New Gold Provides Development and Exploration Update on New Afton and Blackwater Projects in British Columbia

PRNewswire | April 17, 2012

New Gold Inc. ("New Gold") (TSX and NYSE AMEX:NGD) today provides a development and exploration update for its two exciting British Columbia growth projects, New Afton and Blackwater.
Chieftain Metals addresses historic environmental legacy at Tulsequah

Marketwire - Mining and Metals | April 12, 2012

Victor Wyprysky, President and CEO of Chieftain Metals Inc., commented: "Chieftain's immediate attention to provide a solution to the historic environmental issues at Tulsequah demonstrates the high importance we place on community and stakeholders concerns as we move "The Chief" to construction start."
C$25 billion to improve Canada’s Asian trading opportunities

Cecilia Jamasmie | April 3, 2012

Christy Clark, the Premier of Canada’s British Columbia unveiled details of a C$25 billion public and private sector plan to expand trade with Asia, by improving the province's transportation system.
Taseko reports 170% increase in niobium mine resources

Andrew Topf | April 1, 2012

Canadian base metals producer Taseko Mines (TSX:TKO) has come out with a new resource estimate at its Aley niobium project in northern BC.
NovaGold shareholders OK copper spin-out

Mining Weekly | March 30, 2012

TSX-listed NovaGold shareholders on Wednesday gave a big thumbs up to the spinout of NovaCopper, with less than 1% of them voting against the deal at a meeting in Vancouver.