News

  • MERGER: Altius, Callinan to merge, creating diversified royalty company Mar 12,2015

    ST. JOHN'S and VANCOUVER – Altius Minerals Corp. and Callinan Royalties Corp. have announced plans to merge, creating a diversified mining royalty company. Callinan is to become a  wholly owned subsidiary of Altius.

  • DIAMONDS: Stornoway begins pre-stripping at Renard Mar 12,2015

    QUEBEC – Stornoway Diamond Corp. of Montreal reported on March 5 that pre-stripping has begun for the Renard 2-Renard 3 open pit at the Renard diamond project. Renard, located 350 km north of Chibougamau in the James Bay region, will be...

  • Mick Davis' X2 Resources poised for launch after US$5.6B raise Mar 12,2015

    VANCOUVER – A dearth in the availability of traditional equity financing has led to the rise of specialist, mining related investment funds, and there looks to be another major player taking the field. In early March newly minted private...

  • GOLD: West Kirkland improves recovery for Hasbrouck deposit Mar 12,2015

    NEVADA – As part of the prefeasibility work, West Kirkland Mining of Vancouver reports that using high pressure grinding rolls on material from the Hasbrouck deposit boosted heap leach recovery to 72.6% from 60% from earlier tests using...

  • GOLD: Output up at Atna's Pinson mine Mar 12,2015

    NEVADA – Atna Resources of Golden, CO, has added a second shift of miners at its Pinson gold mine near Winnemucca. The change, made in January, has pushed ore output up to 200 t/d with an average grade of 10.7 g/t Au. A total of 2,600 oz...

  • SILVER: Banks Island Gold sells Yellow Giant silver stream Mar 12,2015

    BRITISH COLUMBIA – Vancouver's Banks Island Gold has signed a binding letter of intent with SilverStream SEZC for the silver stream from its Golden Giant gold project on Banks Island. The deal is worth US$1.5 million.