September 6, 2012

Canada’s mining industry joins forces with NGOs to improve transparency

A new working group of national-level mining and exploration associations and transparency-focused NGOs announced today that it has signed a Memorandum of Understanding to improve Canada's transparency regime as it…

September 6, 2012

Canarail awarded major contract in northern Quebec and Labrador

The President of CANARAIL is pleased to announce the recent signature of a contract with the mining company Labrador Iron Mines (LIM) to help the miner improve and optimize its…

September 6, 2012

Paramount raises San Miguel gold project resources estimate by 547%

The new estimate reports 639,000 ounces of gold in the indicated category and another 830,000 ounces of gold classified as inferred.

September 6, 2012

Inmet Mining to make $112 million bid for Petaquilla Minerals

The Toronto-based company said the bid of 48 cents per share in cash represents a 37% premium at the close of Petaquilla's trading on the Toronto Stock Exchange.

September 5, 2012

De Beers and Peregrine Diamonds to partner up for Chidliak

Peregrine Diamonds Ltd. (TSX: T.PGD) and De Beers Canada are negotiating a partnership deal to operate Canadian Chidliak mine.

September 5, 2012

Mariana Resources intersects more silver and gold veins at Las Calandrias Project, Argentina

Canadian explorer Mariana Resources (LON:MARL, TSX:MRY) said the latest set of drilling results from the Calandria Sur deposit in Argentina were “good” with 13 of 21 holes returning “significant intersections”…

September 5, 2012

Diving Chinese demand hits Canadian iron ore market

Canada’s Labrador Iron Mines (TSX:LIM) said it had cut its capital expenditure (capex) budget as a result of iron-ore prices falling sharply during August.

September 5, 2012

Agnico Eagle is spending $158 million on Mexican project

The company says it expects construction costs to be about $158 million for the project and that commercial production will begin in the second half of 2014.

September 5, 2012

Canadian Arctic mining boom draws in China-backed MMG

The new kid on Canadian Arctic block is announcing plans to build two mines in Nunavut in the next six years.

September 5, 2012

SnipGold provides update on drill program

With all core samples have now been delivered to the analytical lab. The assay data will be released to the public once all gold and multi-element analyses have been received.