February 23, 2012

New Brunswick is the new world’s top mining jurisdiction

Eastern Canada’s New Brunswick claimed the top spot at the world’s most attractive jurisdiction for mineral exploration and development list, released by the Fraser Institute today.

February 22, 2012

One million dollar diamond to be auctioned in Vancouver

An emerald cut diamond valued between $900,000 and $1 million is set to be auctioned in Vancouver on Sunday at the Sutton Place Hotel.

February 22, 2012

China has invested $14 billion in the oil sands, and that’s a good thing

A think tank is pushing back against the perception that Chinese firms are locking up Canadian resources, but rather are providing an important financial boost to the sector.

February 21, 2012

Grizzly finds potash in Alberta, investors find somewhere else to put their money

On much heavier volumes than usual Grizzly Discoveries shed 3c or 6.52% by midday Tuesday. Before the market open the Edmonton-based company announced a potash discovery near Medicine Hat in…

February 21, 2012

Concerned Canadian unions say BC government is leaving coal in China’s hands

In unveiling Canada’s British Columbia’s job-creation strategy last September, the Premier Christy Clark said the government planed to capitalize on high demand for minerals, especially in Asia, by opening up…

February 21, 2012

NovaGold to spin-out Ambler Project into NovaCopper

NovaGold Resources Inc. (TSX:NG)(NYSE Amex:NG) provided an update on the previously announced spin-out transaction of NovaCopper, a wholly-owned subsidiary, which holds NovaGold’s interest in the Ambler project located in Alaska,…

February 21, 2012

Gold exploration in Nunavut gets a boost

Toronto and New York-listed gold producer Agnico-Eagle Mines Limited (AEM) has received permission from the Nunavut Impact Review Board (NIRB) to move ahead with an all-weather access road to its…

February 20, 2012

Canadian ‘mining watchdog’ spent $1.1M taxpayer dollars and has nothing to show for it

A Canadian mining watchdog created by the Conservative government has yet to mediate a single case despite costing taxpayers $1.1 million over the last two years.

February 20, 2012

Caledonia gives 51% of Blanket to indigenous Zimbabweans

Caledonia Mining announced on Monday it has signed a deal with the Zimbabwe government to sell 51% of its Blanket mine to indigenous Zimbabweans for $30 million. The purchase price…

February 20, 2012

Regional District Opposes Enbridge Gateway Pipeline; Passes Resolution Calling for Legislated Ban on Oil Tanker Traffic in BC’s Northern Coastal Waters

The Skeena Queen Charlotte Regional District, which provides local government services to four electoral areas and five municipalities with 20,000 residents living on the North Coast of British Columbia and…