Canada Top Stories

Caterpillar steps up game to keep leadership in North America

In the past two years, Cat  has  been  working  on …

RSC Mining and Mineral Exploration partners with Terra Modelling

The agreement provides a considerable combined offering to the mineral…

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Magma completes A$20 million placement

Magma Metals Limited (ASX & TSX: MMW) (“Magma” or the “Company”) is pleased to announce the completion of an A$20 million placement of approximately 71.4 million new fully paid ordinary shares at a price of A$0.28 per share (“Issue Price”) (the “Placement”).

Orbite identifies rare earths in its Grande-Vallée deposit

Exploration Orbite VSPA has discovered the presence of high-value byproducts such as scandium, gallium and other important rare earth elements in its Grande-Vallée deposit in the Gaspé region of Quebec, all of which offer strong economic potential for the company and for Canada, the company believes.

Osisko Mining pours first gold at Malartic

Osisko Mining (TSX: OSK) poured its first gold at the Canadian Malartic open-pit gold mine in Quebec on Wednesday, April 13, 2011. The act ushered in not only one of Canada's newest miners, but one of its largest, with production at Malartic planned to hit 600,000 ounces gold a year, over a 12-year mine life.

Big Daddy chromite project advancing to feasibility

A preliminary economic assessment (PEA) of the Big Daddy chromite deposit in northern Ontario is recommending that the project advance to the feasibility stage. The PEA was commissioned by Montreal-based KWG Resources, which owns a 28% interest and a 1% net smelter royalty (NSR) in the deposit, located in the remote James Bay lowlands of northern Ontario. The company also has NSRs on the adjacent Black Thor and Black Label chromite deposits, and has the option to increase its interest in Big Daddy to 30%.

Chinese group makes billion-dollar bet on B.C. coal: Globe

A coal project in northeastern B.C. that is being developed by a Chinese consortium could produce up to 2 million tonnes of met coal annually for the next 30 years, the Globe and Mail reports: A Chinese group is making a $1-billion bet on coal in British Columbia to secure a key raw material for its steel making industry, the latest in a series of moves this year by international companies to stake a claim on Canadian resources.

Update on regulatory approvals for Consolidated Thompson Iron Mines arrangement with Cliffs Natural Resources

Consolidated Thompson Iron Mines announced that Cliffs Natural Resources has received approval under the Investment Canada Act for completion of the plan of arrangement pursuant to which Cliffs will acquire all the outstanding common shares of CLM. The closing of the Arrangement remains subject to certain other customary conditions, including obtaining approval of the MOFCOM filing with the Anti-Monopoly Bureau of the Ministry of Commerce of the People's Republic of China.

Allana Potash continues to intersect high grade potash at shallow depths with 47.81 percent KCL over one metre

Allana Potash Corp. (TSX VENTURE:AAA) ("Allana" or the "Company") is pleased to announce that drill hole DK-11-13 intersected significant potash mineralization including one metre of 47.81% KCl. Hole DK-11-13 intersected two robust potash zones which appear to correlate with the Sylvinite Zone and Kainitite Zone. The Sylvinite Zone returned 2.8 metres of sylvinite which graded 45.86 % KCl and includes a one metre interval that returned 47.81% KCl. Further down the hole, 8.7 metres of kainitite was intersected which returned 22.91% KCl.