Quebec
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Stornoway splashing $28.4 million for Renard engineering
Stornoway Diamond Corp will spend $28.4 million to advance its Renard diamond project in northern Quebec, the Vancouver-based company (TSX:SWY) announced yesterday.
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Osisko's Canadian Malartic returns to full operation, but fire damage to stock price is 25%
MINING.com News | May 22, 2012
Osisko stock was down another 3.7% today despite the positive news and has now lost 25% of its value since the fire at the Quebec mine was first reported on May 9th.
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Fire-damaged Quebec mill running again
MINING.com Editor | May 17, 2012The mill at Osisko Mining's Canadian Malarctic mine is back in operation after a fire shut it down last week.
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Aurizon discovers three new ore lenses at Casa Berardi
Andrew Topf | May 16, 2012
Canadian gold producer Aurizon Mines has discovered three new lenses at its Casa Berardi mine in northwestern Quebec.
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Osisko stock keeps dropping as fire cleanup begins
Andrew Topf | May 14, 2012
Osisko Mining was down another 12% today after providing an update on a mill fire at its Canadian Malarctic Mine in Quebec last week.
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You're diluted! White Tiger plans massive new share issue without seeking shareholder approval
Frik Els | May 11, 2012
White Tiger is applying to the Toronto Stock Exchange for exemption under the exchange's "financial hardship" provisions.
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Fire sale: Investors punish Osisko for mill damage
Andrew Topf | May 11, 2012
Osisko Mining investors were unimpressed by the fire yesterday at the company's Canadian Malarctic mill. The stock (TSX:OSK) closed down a buck, or 12.94%, on the Toronto main board Friday as Osisko assessed the damage.
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Osisko reports fire damage at Canadian Malartic Mill limited to cyclone number four area
Marketwire - Mining and Metals | May 10, 2012The fire began at 11:50 pm yesterday, and was extinguished at approximately 4:30 am this morning. Proper emergency procedures were followed and there were no injuries to staff or emergency workers during the incident.
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Trade halt issued for Focus Metals, graphite junior
Michael Allan McCrae | May 4, 2012
Trading has been suspended for Focus Metals (CVE:FMS) pending a material announcement.
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Stornoway arranges a $20 million unsecured debt facility for Renard diamond project pre-development work
Marketwire - Mining and Metals | May 4, 2012
Matt Manson, Stornoway's President and CEO, stated: "This financing announcement is another important milestone in the development of Quebec's first diamond mine. This loan will provide Stornoway with good funding flexibility as we begin the ramp-up to the capital programs anticipated at Renard in 2013 and 2014.
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Northern Shield intersects gold and silver mineralization at Tempest
CNW Telbec | Mining/Metals | May 2, 2012Northern Shield Resources Inc. ("Northern Shield") (TSXV: NRN) is pleased to announce results from the five hole drill program completed to date at Northern Shield's 100% owned Tempest property, in northern Ontario, which include two gold mineralized zones intersected in drill-hole TP12-07.
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ArcelorMittal identifies potential to increase production of iron-ore concentrate at ArcelorMittal Mines Canada to 30 million tonnes per annum
ArcelorMittal | April 29, 2012
ArcelorMittal today announces that a scoping study has identified the potential to utilize ArcelorMittal Mines Canada’s existing infrastructure system and to increase annual production of iron-ore concentrate to 30 million tonnes per annum.
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Abcourt Mines Inc.: 43-101 Update Report on Elder and Tagami Gold Resources Shows A Substantial Increase
Marketwire - Mining and Metals | April 25, 2012Mr. Renaud Hinse, President and C.E.O. of Abcourt Mines Inc. (TSX VENTURE:ABI)(BERLIN:AML)(FRANKFURT:AML) (the "Company"), is pleased to announce that a 43-101 update report on the Elder mine and Tagami property, gold resources, prepared by Mr. Jean-Pierre Bérubé, P. Eng., geological consultant, shows a substantial increase.
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Quebec's booming iron mines
Frik Els | April 24, 2012
When planning an expansion at the largest open pit mine in Quebec, thinking big is important.
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Chinese steel company to pump $194 million into Alderon's Kami iron ore project
Andrew Topf | April 13, 2012
Alderon Iron Ore Corp saw a 2% bump in its stock price Friday on news that the Canadian iron ore junior has inked a CAD$194 agreement with China's largest steel producer.
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Amex Cuts Large Intercept of Gold Polymetallic Mineralization at Perron, Abitibi, Quebec
Marketwire - Mining and Metals | April 12, 2012AMEX EXPLORATION INC (TSX VENTURE:AMX) ("The Company") is pleased to announced the confirmation of an important large gold bearing polymetallic zone on its 100% owned Perron Gold project. Hole PE-2011-4, the last hole of a 4 drill hole campaign that was initiated late last year, intersected a wide zone of altered and mineralized felsic rhyolitic volcaniclastic unit that returned gold values of 0.41 g/t over 112.3 meters, including multiple higher gold grade sub-zones of up to 5.9 meters grading 2.4 g/t Au, including 2.5 meters at 4.54 g/t Au.
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IAMGOLD Files Mineral Resource Report for Westwood Project: Confirms Resources and Start-up in Early 2013
CNW Group | April 11, 2012Cash costs for Westwood are now forecast to average $533 per ounce over the life of the operation, higher than previously forecast.
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GeoMegA closes the second tranche and completes its brokered private placement
Marketwire - Mining and Metals | April 10, 2012GéoMégA owns 100% of the Montviel Rare Earths/Niobium project in northern Quebec.
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Standard Graphite options Quebec graphite claims
Marketwire - Mining and Metals | April 4, 2012
Standard Graphite Corp. (TSX VENTURE:SGH) (the "Company") is pleased to report that it has signed an option to acquire a 100% interest in 31 mining claims in Quebec.
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Partners in Abitibi — Bowmore, Threegold find broad gold mineralization in Quebec
Financial Post | April 4, 2012Crowded as Quebec’s Abitibi region is with big players, it’s mostly the juniors who find the gold. Two of them think they’ve found something very big indeed in their Standard Gold-Duverny Project, a joint venture of Bowmore Exploration (TSXV:BOW) and Threegold Resources (TSXV:THG). It’s early days, but Phase I drilling results announced last week have the partners very excited.
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Oй! White Tiger misses deadline to submit financials, says struggling to account for Century buy
Frik Els | March 30, 2012
White Tiger Gold (TSX:WTG) is worth only one-tenth of what it was last year and news out late on Friday will do little to restore investor confidence in the Canada-Russia gold miner.
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White Tiger Gold increases ore production at Lamaque
Marketwire - Mining and Metals | March 27, 2012White Tiger Gold Ltd. ("White Tiger") (TSX:WTG) announced today, the Company's 100% owned Lamaque Project, has improved its grade over the past month, such that it is now 40% higher than that achieved in 2011.
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CN-Caisse rail project in Quebec faces clash with miners
Financial Post | March 23, 2012
A clash over infrastructure assets is shaping up in northern Quebec, pitting the interests of two corporate titans against a group of junior miners.
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Canada’s Quebec budget banks on mining royalties to balance books
Cecilia Jamasmie | March 21, 2012
The government of Quebec, Canada’s most indebted province, is banking on a royalty windfall from its natural-resources sector, especially mining, to help begin its long climb out of the red.
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Focus Metals and SOQUEM report significant rare earth element results from the fall 2011 drilling program at Kwyjibo, Northeastern Quebec
Marketwire - Mining and Metals | March 15, 2012
Focus Metals Inc. ("Focus" or the "Corporation") (TSX VENTURE:FMS)(OTCQX:FCSMF)(FRANKFURT:FKC) and partner SOQUEM Inc. ("SOQUEM") are pleased to report the results of the fall 2011 core drilling program on the Kwyjibo Polymetallic Property (the "Property"), located in the Grenville Geological Province of northeastern Québec (see figure 1).
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Xmet to expedite acquisition of 100% interest in Duquesne-Ottoman Project (853,000 ounces Au and growing)
Marketwire - Mining and Metals | March 4, 2012Xmet Inc. ("Xmet" or the "Company") (TSX VENTURE:XME)(OTCQX:XMTTF) is pleased to announce that it has signed a New Option Agreement with Globex Mining Enterprises Inc. and Geoconseil Jack Stoch Ltee which allows the Company to now acquire a 100% interest in the Duquesne-Ottoman rather than the 75% provided for in the current Xmet Inc.
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ANNOUNCEMENT
Orezone Completes the Sale of Sega to Cluff Gold for $26.5M
Orezone Gold Corporation (ORE:TSX) is pleased to announce that it has completed the sale of its Sega Gold Project ("Sega") in Burkina Faso to Cluff Gold plc (Cluff) for total consideration of approximately US$26.5M.
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