Northern Dynasty Minerals Ltd. reports that the Pebble Limited Partnership executive and management team that will oversee completion of a Prefeasibility Study in the second half of 2009, and lead the Pebble Project into permitting, is largely in place in Anchorage, Alaska.
Along with its 50-50 partner, an affiliate of Anglo American plc, a wholly-owned affiliate [...]

NovaGold Resources Inc. announced that it has reached a binding agreement to sell 100% of its NovaGreenPower subsidiary for up to $40 million to AltaGas Ltd., a Calgary based energy infrastructure company. NovaGreenPower owns several development-stage run-of-river hydroelectric projects located in northwest British Columbia.
The transaction is expected to close later today, with payment to NovaGold [...]

On July 6, 2008, Inmet Mining Corporation announced that it intends to make an all-cash offer (the “Offer”) for all of the outstanding common shares of Petaquilla Copper Ltd. (the “Company”) (Toronto:PTC.TO) at a price of $2.00 per share.
Until the Offer is formally commenced and has been reviewed, the Board of Directors is unable to [...]

East West Resource Corporation is please to announce that a 3000 metre core drilling program to test as many as 27 targets has commenced on their Marshall Lake Property. 15 drill targets were selected from airborne electromagnetic (VTEM) anomalies generated in the fall of 2007. The remaining targets are Induced Polarization (IP) anomalies in [...]

International Nickel Ventures Corp. (TSX: INV) reports that Mr. Jim Clucas, the Company’s current Chairman, has also been appointed President and Chief Executive Officer, effective February 5, 2007.
Mr. Roland Horst has resigned as the Company’s President and CEO effective February 5, 2007 to accept the position of CEO of a private company. Mr. Horst will [...]

A group of influential Alaskans has formed a nonprofit group to counter what they called misinformation being disseminated in television and newspaper advertisements by groups opposing Pebble, a possible mine on the Alaska Peninsula southwest of Anchorage.
The move is sure to ramp up the public relations war between those opposing and those supporting the mine.
The [...]

Teck Cominco Limited and UTS Energy Corporation announced that they have jointly acquired a total of 18 new leases in the Athabasca Oil Sands Region of Alberta on a 50:50 basis. UTS first announced its joint bidding relationship with Teck Cominco in its 2006 third quarter results; the following table identifies the leases [...]

The B.C. Coroner’s Service has decided to hold a public inquest into the deaths of four people earlier this year at the decommissioned Sullivan Mine in southeastern B.C.
Two mine employees and two ambulance paramedics died in May in an above-ground water-sampling hut at the Teck Cominco mine site just outside Kimberley.
Following a lengthy investigation, B.C.’s [...]

Canadian mining companies are leading the industry worldwide in certain areas of financial reporting, but the transition to International Financial Reporting Standards is an emerging challenge, according to a survey released by KPMG.
The 2006 KPMG International report, entitled Global Mining Reporting Survey, found that Canada is ahead of the pack in disclosing reserve and resource [...]

Bravo Venture Group, Inc. said today mud-rotary drilling is underway at the company’s South Lone Mountain project and reverse-circulation drilling continues at its Signal project, after an unanticipated delay. These are two of the company’s 13 projects (approximately 65 sq.mi.) in the Battle-Mountain/Eureka (Cortez) gold trend.
The first of four mud-rotary holes at South Lone Mountain [...]