November 19, 2011

Tory foreign policy review looks east to China

the past week. The Obama Administration put the brakes on a major pipeline project that would carry Alberta oilsands crude to the U.S. Gulf Coast, and Harper responded that Canada…

November 19, 2011

Indian companies likely to win huge Afghan iron ore mine

International Business Times reports that the Afghan mining ministry is leaning heavily towards two state-owned Indian mining firms to develop the country's massive Hajigak iron ore mine: "Afghanistan's minister of…

November 19, 2011

Laricina looking to expand Germain oilsands project

Calgary-based Laricina Energy said Friday it is seeking regulatory approvals for a 150,000 barrel-per-day expansion at its Germain oilsands project in northern Alberta. The three-phase expansion would add to the…

November 18, 2011

Barrick and Antofagasta won’t be digging Pakistan’s $3 billion Reko Diq

The Globe & Mail reports local authorities in the Pakistani province of Balochistan refused to meet Tethyan Copper, a joint venture between Chile’s Antofagasta and Barrick Gold, for talks before…

November 18, 2011

Central banks switch from sellers to buyers, reversing decades-old trend

The continued surge in the gold price amid financial market turmoil is seeing a dramatic shift in the pattern of gold buying and selling at the world's central banks. The…

November 18, 2011

Accident involving two contractors stops work at Lucky Friday mine

Production was halted temporarily at Hecla Mining's Lucky Friday silver mine due to an accident involving two contractors who were constructing an underground rock bin. The company said the accident…

November 18, 2011

Gold bullion scam leads to 12 years in prison

Jamie Campany was sentenced to 12 years and seven months in federal prison for running a gold bullion scam. Campany, 47, of Delray Beach, was charged in June with wire…

November 18, 2011

MetalCorp Announces Proposed Non-Brokered Private Placement of Units and Flow-Through Shares

MetalCorp Limited ("MetalCorp") (TSX VENTURE:MTC) is pleased to announce a proposed non-brokered private placement of up to 15,000,000 units (each, a "Unit") at a price of $0.05 per Unit and…

November 18, 2011

Teck Recommends That Shareholders Reject "Mini-Tender Offer" by TRC Capital

VANCOUVER, BRITISH COLUMBIA--(Marketwire - Nov. 18, 2011) - Teck Resources Limited (TSX: TCK.A and TCK.B, NYSE: TCK) ("Teck") has been notified of an unsolicited "mini-tender" offer by TRC Capital Corporation…

November 18, 2011

Codelco chief says Anglo American risks future investments in Chile

Global miner Anglo American has risked its future in the world's largest copper producing nation by denying Chile's state-owned Codelco a 49 percent stake in its Sur unit, said Diego…