Galaxy to buy Canada's Lithium One for C$109m

Galaxy Resources said on Friday it will take over Canada's Lithium One in a friendly, C$109-million ($109.10-million) deal that will enable the Australian miner to expand its global resources and become a top player in the lithium. Lithium One...

Century hires former Cliffs, Consolidated Thompson manager

Canadian iron-ore hopeful Century Iron Mines has appointed Hubert Vallee, a former Cliffs and Consolidated Thompson manager, as logistics, mine development and operations VP, the company said on Monday. Vallee was part of the team that built the...

Century aims for 10Mt/y iron output in 5 years

Century Iron Ore, the junior that concluded talks over a joint venture agreement this week with China’s Minmetals and Wuhan Iron and Steel Company (Wisco) on its Canadian properties, hopes to be a 10-million ton a year producer by around 2015...

Galaxy Resources to fast track Quebec spodumene project

Australian lithium miner Galaxy Resources has started a definitive feasibility study (DFS) at James Bay, paving the way to increase its stake in the Canadian spodumene project to 70%. ASX-listed Galaxy entered into a farm-in agreement with...

Aurizon inks earn-in deals for two Quebec prospects

Vancouver-based Aurizon Mines has signed earn-in agreements on two gold exploration prospects in the James Bay area of Quebec, the firm announced on Thursday. Aurizon can buy up to 65% of Everton Resources' Wildcat property, and also signed a...

Stornoway begins permitting for Renard diamond project

Vancouver-based Stornoway Diamond Corp has filed a notice of intent for its Renard diamond project in north-central Quebec, which marked the initial step in the permitting process for the mine. The process is expected to take between 18 and 24...

Gem giant resumes work on Canadian project

Diamond giant De Beers said on Tuesday it would proceed with its winter exploration programme on its key Victor diamond project in Canada, which was stalled pending an agreement with an aboriginal group.

Gem giant postpones Canada exploration

Diamond industry titan De Beers said on Friday it had postponed plans for a vital winter exploration programme for its Victor diamond project in Canada, after talks with an aboriginal group failed to resolve differences over benefits to the...

Diamond giant eyes bigger Canada role

The world’s leading diamond producer, De Beers, is looking for a bigger stake of Canada’s growing diamond industry, and said it wants more work done on a diamond-bearing property in northern Ontario before it makes a decision to build...