January 20, 2012

Pretium to raise $18.5m in share sale

Pretium Resources, which owns an 8.3-million ounce gold deposit at the Brucejack property in British Columbia, is raising $18.5-million through a private placement it said on Thursday.

January 20, 2012

Grande Cache says C$1bn buyout still on

TSX-listed Grande Cache Coal said on Thursday it had “no reason to believe” that a report alleging fraud at the Hong Kong-listed firm which agreed to buy it had merit.

January 20, 2012

Panel to check Teck’s Frontier Oil Sands potential for “significant adverse effects on the environment.” Review can take 6 years

Peter Kent, Canada's environment minister on Friday referred Teck Resources's newly acquired Frontier Oil Sands project in northern Alberta to an independent review panel because of the propose mine's "potential…

January 20, 2012

Independence Gold Increases Resource Estimates for 3Ts Project, BC

Independence Gold Corp. (TSX VENTURE:IGO) ("Independence Gold" or "the Company") is pleased to announce an increased National Instrument ("NI") 43-101 compliant Inferred Resource estimate for three mineralized veins on its…

January 20, 2012

Northern Gold and Wahgoshig First Nation are working together on Garrison

Northern Gold Mining Inc. (TSX VENTURE:NGM) and the Wahgoshig First Nation jointly announced on Friday that a strong cooperation and working relationship has developed since Northern Gold first began working…

January 20, 2012

Murray & Roberts establishes emergency egress for Finsch diamond mine in record time

Murray & Roberts Cementation has set a mining industry benchmark by establishing an innovative emergency egress system - from design to operation -in just 11 days at Petra Diamonds' Finsch…

January 19, 2012

How whetted is your risk appetite? Gold diggers explore the final frontiers

As attractive deposits become harder and harder to find in traditional markets miners are pushing the limits of the political risk they are willing to take on. But things can…

January 19, 2012

Ekati output down 29% as it enters twilight years

IDEX News reports BHP Billiton's Ekati diamond mine produced 481,000 carats in the last quarter of 2011, a 29% decline compared to a year ago. 80%-owner BHP Billiton wants to…

January 19, 2012

Sunshine Oilsands gunning for $700 million IPO on Hong Kong exchange

A Canadian oilsands company, Sunshine Oilsands, is turning to the Hong Kong stock exhange in hopes of raising between $500 million and $700 million through an IPO.

January 19, 2012

Quadra FNX: Victoria Mine production up 16%

Quadra FNX Mining (TSX:QUX) has updated the resource at its Victoria Mine in Ontario, Canada.