Alexco Expands Bermingham Mineral Resource Estimates, Yukon

Alexco Expands Bermingham Mineral Resource Estimates, Yukon
VANCOUVER – Alexco Resource Corp. (NYSE American: AXU) (TSX:AXR) today reports an updated and expanded mineral resource estimate for the Bermingham deposit, located within the Keno Hill Silver District in Canada’s Yukon Territory. As a result of exploration work conducted in 2017 and 2018, the Bermingham indicated mineral resources have expanded from 17.3 million ounces to 33.3 M ounces of contained silver at an average... Read More

B.C.’s Golden Triangle, a resurgence in infrastructure investment

B.C.’s Golden Triangle, a resurgence in infrastructure investment
VANCOUVER – The Golden Triangle is an area of northwestern British Columbia that has seen extensive historic mining and prospecting activity, and has recently been the site of modern discoveries, including the Premier Gold, Snip and Eskay Creek Mines. The area has seen a resurgence in infrastructure investment which supports exploration activities, including upgraded transmission lines supplying clean, affordable and... Read More

Eldorado Gold seeking $1.1B from Greece as compensation for permit delays

Eldorado Gold seeking $1.1B from Greece as compensation for permit delays
VANCOUVER — Eldorado Gold Corp. is seeking $1.1 billion from the Greek government for damages it says it suffered due to permit delays related to its Skouries project. The company says the application is a non-judicial request for payment and does not initiate legal proceedings. Eldorado chief executive George Burns called it a “good-faith attempt” to resolve the matter with the... Read More

American Creek Samples High Grade Gold in BC’s Golden Triangle

American Creek Samples High Grade Gold in BC’s Golden Triangle
VANCOUVER – American Creek Resources Ltd. (TSXV: AMK) is pleased to report final assays from high-grade gold samples that have now been received from the late fall of 2017 sampling program that was conducted at the company’s 100% owned Dunwell Mine project located in the Golden Triangle of British Columbia. A total of 30 rock samples were collected from multiple... Read More

Osisko Gold adds 5.4 million shares of Osisko Metals

Osisko Gold adds 5.4 million shares of Osisko Metals
Osisko Gold Royalties Ltd.  said Thursday September 13 that it has acquired direct ownership of 5.4 million common shares of Osisko Metals Inc.  for 55 cents a share. Prior to the transaction, Osisko held just over 9 million common shares of Osisko Metals, and warrants entitling it so purchase 1.25 million common shares. Assuming the warrants were exercised, Osisko... Read More

Vale completes billion-dollar Sudbury smelter emissions reduction project

Vale completes billion-dollar Sudbury smelter emissions reduction project
SUDBURY, Ont. — Vale Canada Ltd. says it has completed a billion-dollar project to reduce emissions at its Sudbury, Ont., smelter complex that has made the distinct ‘superstack’ chimney at the site obsolete. The company, a subsidiary of Brazil-based Vale S.A., says the upgrades will reduce sulphur dioxide emissions by 85 per cent as well as reduce metal particulate emissions by 40 per cent. The modernization,... Read More

Shell Canada gives up exploration permits to make way for protected area

Shell Canada gives up exploration permits to make way for protected area
VANCOUVER — Shell Canada Ltd. has given up it offshore exploration rights, clearing the way for the creation of Canada’s first protected marine area under the Canada Wildlife Act. Shell voluntarily released about 50,000 square kilometres of permits in an area off northern Vancouver Island to allow for the creation of the Scott Islands marine National Wildlife Area. The permits cover an offshore area more than one-and-a-half times the... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,049.02, down 45.23 points). Aurora Cannabis Inc. (TSX:ACB). Healthcare. Up two cents, or 0.22 per cent, to $9.11 on 40.7 million shares. RNC Minerals. (TSX:RNX). Metals. Down four cents, or 14.3 per cent, to 24 cents on 34.8 million shares. Aphria Inc. (TSX:APH). Healthcare. Down 79 cents, or 3.66 per cent, to $20.82 on 16.2 million... Read More

ATCO buys 40 per cent stake in South American port operator for $450 million

ATCO buys 40 per cent stake in South American port operator for $450 million
Calgary-based ATCO Ltd. says it will buy a 40-per-cent stake in South American port operator Neltume Ports for about $450 million. ATCO, which has interests in logistics, energy, and real estate, says the stake in the port operator and developer will further diversify its business. The deal adds to ATCO’s partnership with Parkland Fuel Corp. subsidiary Ultramar, which owns Neltume Ports. The two companies... Read More

Most actively traded companies on the TSX

Most actively traded companies on the TSX
Some of the most active companies traded Thursday on the Toronto Stock Exchange: Toronto Stock Exchange (16,094.25, up 37.16 points). RNC Minerals. (TSX:RNX). Metals. Up 10.5 cents, or 60 per cent, to 28 cents on 54.2 million shares. Aurora Cannabis Inc. (TSX:ACB). Health care. Up 83 cents, or 10 per cent, to $9.09 on 30 million shares. Aphria Inc. (TSX:APH). Health care. Down nine cents, or 0.41 per cent, to $21.61... Read More