Diamond Fields International Ltd. (TSX-V:DFI) announces that it has invoked binding arbitration to resolve a dispute with its Red Sea Joint Venture Partner, Manafa International Commerce Company of Saudi Arabia over Manafa’s compliance with …
Monthly Archives: January 2014
Benjamin Cox Recaps the Recent Vancouver Resource Investment Conference
Osisko Commences Legal Proceeding to Restrain Misuse of Confidential Information by Goldcorp
Osisko Mining Corporation (TSX:OSK)(FRANKFURT:EWX) today announced that it has commenced a legal proceeding against Goldcorp Inc. in the Quebec Superior Court. In the Quebec proceeding, Osisko alleges that, in making its hostile take-over …
West Kirkland Closes First Tranche of Non-Brokered Private Placement
West Kirkland Mining Inc. (TSX-V:WKM) announces that it has closed the first tranche of its previously announced non-brokered private placement financing of up 15,000,000 shares for gross proceeds of CAD$1,500,000 at $0.10 per share. …
Oreninc Index Falls Slightly
The Oreninc Index fell marginally for the week ending January 23, 2014. Despite the fall, total dollars announced rose to $149.6m, a five-week high. Brokered dollars and bought dollars announced also jumped up to …
Balmoral Set to Resume Drilling on Detour Gold Trend Project
Balmoral Resources Ltd. (TSX:BAR) (OTCQX:BALMF) reports that crews have arrived into the Martiniere and Fenelon exploration camps on the Company’s wholly owned Detour Gold Trend Project in Quebec in preparation for the commencement of …
More Canadians employed in mining than previously reported
New data shows a dramatic increase in the number of Canadians employed in the mining and related industries with more than 418,000 people in full-time-equivalent jobs working in various facets of the sector, according …
Scorpio Gold Signs LOI to Sell Pinon Properties to Gold Standard Ventures
Scorpio Gold Corporation (TSX-V:SGN) reports today that it has signed a binding letter of intent and received a CAD$250,000 non-refundable deposit for the sale of certain mining interests to an affiliate of Gold Standard …
Northern Superior Resources Inc. responds to Government of Ontario’s Statement of Defence
Junior mineral exploration company Northern Superior Resources Inc. (TSXV:SUP) received the Government of Ontario’s Statement of Defence last week in response to the company’s pending $110 million lawsuit against Ontario, for failure to consult …
Yukon Government Increases Funding to Prospectors
The Yukon government is expanding its assistance to the mineral exploration industry. Funding for the 2014/15 Yukon Mineral Exploration Program has been increased to a total of $1.4 million, subject to legislative approval. …