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GOLD

Atlantic Gold buys Nova Scotia exploration properties

Dual-listed Atlantic Gold has entered into an agreement with Singapore-listed LionGold Corp to acquire its subsidiary Acadian Mining Corporation for a mixture of cash and shares. Atlantic Gold recently completed a merger with Atlantic Gold...
1st September 2014
 
ABORIGINAL RIGHTS

Seminal court ruling may affect future of First Nation engagement

The wheels of justice are known for moving slowly. For the Tsilhqot’in Nation they started to grind in 1989, before a ruling by Canada’s Supreme Court finally stopped them on June 26. Delivering a unanimous verdict, the court recognised a...
16th July 2014
 
CANADIAN ECONOMIC GROWTH

Western Canada expected to lead economic growth in 2014

Western Canada can expect the fastest growing provincial economies in the country this year and again in 2015, with Alberta resuming its customary place at the top of the list. The near-term outlook is looking increasingly positive for Manitoba...
18th June 2014
 
RARE EARTHS

Namibia Rare Earths starts PEA on Lofdal project

TSX-listed Namibia Rare Earths (NRE) has started work on a preliminary economic assessment (PEA) on the Area 4 heavy rare earth deposit at it flagship Lofdal project, located in north-western Namibia. South Africa-based MDM Engineering is the...
21st May 2014
 
CORPORATE ACTIVITY

Atlantic inks merger with Canada's Spur

Junior Atlantic Gold has formalised its merger with TSX-listed Spur Ventures, after both parties completed due diligence studies. The merger proposal, which was announced in April, would see Spur acquire all the ordinary shares of Atlantic....
16th May 2014
 
MERGER

Atlantic Gold eyes merger with Canadian firm

ASX-listed junior Atlantic Gold on Monday announced its intention to merge with TSX-listed Spur Ventures. The two companies have signed a heads of agreement, under which Spur would acquire all the ordinary shares of Atlantic. Atlantic...
7th April 2014
 
MINING SURVEY

Alberta top Canadian jurisdiction in global mining survey, Quebec sinking fast

Alberta remains the most attractive jurisdiction for mining investment in Canada, according to the yearly global survey of mining executives released by Canadian public policy think-tank the Fraser Institute. For the second consecutive year,...
4th March 2014
 
OIL SANDS

India’s OVL eyes oil sands assets in Canada

ONGC Videsh Limited (OVL), the overseas arm of Indian oil exploration and production major ONGC Limited, was scouting for oil sand assets in Canada, marking a beginning by setting up an office in Calgary. According to a senior ONGC official, the...
24th January 2014
 
GOLD

Brigus Gold lifts output from Ontario mine

Halifax, Nova Scotia-based Brigus Gold has lifted its third-quarter gold output from the Black Fox mine in Timmins, Ontario, 17% quarter-on-quarter, placing the company on track to achieve its full-year guidance. During the quarter ended September...
9th October 2013
 
GOLD

Gold remains top investment choice – Brigus

Despite volatility in the gold sector over the past few months, gold remained – and would for the next few years remain – a worthwhile investment, NYSE- and TSX-listed Brigus Gold chairperson and CEO Wade Dawe averred on Tuesday. In a letter...
28th August 2013
 
CAPITAL RAISING

LionGold raises funds to pursue gold assets

Singapore-listed LionGold would look to raise up to S$202-million through a share placement and warrant issue to fund its acquisition drive. “The S$200-millio we have proposed raising will provide LIonGold with a war chest to take advantage of...
15th August 2013
 
GOLD

Despite rising output, Brigus Gold posts Q2 loss

NYSE- and TSX-listed Brigus Gold this week posted a net loss of $4.74-million for the second quarter, despite selling 22% more ounces of gold, as a lower realised gold price and higher production costs per ounce sold hurt earnings. The company,...
13th August 2013
 
 
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