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Cat Financial Commits $20M to Fund Mining Fleet for Atlantic Gold’s MRC Project, Nova Scotia
February 23, 2016
Atlantic Gold Corporation has executed a commitment letter and supporting term sheet with Caterpillar Financial Services Corporation, pursuant to which Cat Financial has agreed to underwrite up to $20 million in mining fleet equipment financing to fund the company’s acquisition
Dominion Diamond Releases PFS for Its Sable Kimberlite Pipe Deposit, Canada
February 23, 2016
Dominion Diamond Corporation has released positive results of a pre-feasibility study of the Sable kimberlite pipe deposit located within the Core Zone Joint Venture property in Canada’s Northwest Territories, in which the company holds an 88.9 percent interest. The pre-feasibility
Cyprium Mining Begins Rehabilitation of Its Potosi Silver Mine, Mexico
February 23, 2016
Cyprium Mining Corporation has signed an agreement with Chihuahua, Mexico based mining contractor Bergmann Mexico SA de CV with respect to the rehabilitation of shaft #3 of the company’s Potosi silver mine located in the historic Santa Eulalia mining district
Crevice Mining Fires Back Against Environmentalists Over Its Gold Project, Montana
February 23, 2016
The head of a Spokane mining company fired back against an environmental group campaigning against the company’s bid to look for gold near the borders of Yellowstone National Park. Michael Werner, of Crevice Mining Group LLC, sent a letter this
Almadex Minerals Acquires Alianza Minerals’ Mexican Mineral Properties
February 22, 2016
Almadex Minerals Limited has acquired three Mexican properties from Alianza Minerals Ltd. “This transaction continues our strategy of refining our mineral asset portfolio. We are very familiar with these properties, given that we currently hold NSR royalties on each of
Western Copper and Gold’s Casino Copper-Gold Project Moves to Panel Review Stage, Canada
February 22, 2016
Western Copper and Gold Corporation’s wholly-owned subsidiary, Casino Mining Corp. has been informed that the executive committee of the Yukon Environmental and Socio-Economic Assessment Board (YESAB) has notified the Federal Minister of Environment and Climate Change that it is requiring
Canarc Raises C$2 Million; Set to Secure US$8 Million to Develop Its El Compas Mine, Mexico
February 22, 2016
Canarc Resource Corp. has arranged a non-brokered private placement equity financing to raise aggregate gross proceeds of up to CAD$2.0 million, in which certain insiders and existing shareholders intend to participate. With the completion of the preliminary economic assessment for
Champion Iron Secures Quebec Government Financing for Bloom Lake Mine & Related Assets Acquisition
February 22, 2016
Champion Iron Limited has entered into a letter of intent with Ressources Québec Inc., acting as mandatary of the Québec government, and that the company’s wholly-owned subsidiary, Québec Iron Ore Inc. (QIO), also entered into a letter of intent with
Paringa Completes Scoping Study for Buck Creek No.2 Mine, Illinois
February 22, 2016
Paringa Resources Limited has received the results of a scoping study on the Buck Creek No.2 Mine, which is located within the Buck Creek mining complex and south of the Buck Creek No.1 Mine’s proposed 3.8 million tons per annum
Michigan Suspends Plans to Comply With Clean Power Plan
February 19, 2016
Michigan is suspending a plan to comply with federal requirements for reducing carbon emissions from power plants after the U.S. Supreme Court put the rules on hold until legal challenges are resolved. Gov. Rick Snyder’s administration announced the decision Tuesday,
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