Private Placement Ramp Up

Summer Mining Camp

  There are a number of companies now seeking funds through private placements or share offering for operating capital and exploration funds. Most if not all of these companies are publicly traded and looking to establish themselves in the mining sector. Companies recently raising funds through private placement include Enduarance Gold (TSXV-EDG) $500,000, Pretium Resources [...]

Avanti Mining gets $640 million for Kitsault Project

Avanti Mine - Kitsault

Avanti Mining (TSXV:AVT) is pleased to announce that it has entered into a mandate letter with five lenders for up to $640 million of project financing to develop the Kitsault molybdenum mine. The lending group is comprised of: – UniCredit Bank AG (“UniCredit”) – KfW IPEX-Bank GmbH (“KfW”) – Export Development Canada (“EDC”) – Korea [...]

Stewart Port Developemnt

Stewart

The District of Stewart is currently under taking a study on the development of their port to be used for exporting of raw materials. With the Portof Prince Rupertalways expanding the District of Stewart is looking at becoming more of a participant with a creation of a new website www.stewartworldport.com that will eventually promote the [...]

Northern Gateway pipeline: benefits vs. concerns

CBC.ca The Northern Gateway project is a proposal by Canadian oil and gas company Enbridge to build two pipelines stretching 1177-km between the Alberta oilsands and the West Coast. The Northern Gateway would have the capacity to transport 525000 barrels of … Click for more

Aboriginal leaders stand firm against Northern Gateway pipeline

CBC.ca Stars lend power to fight The public hearings continue in Kitamaat Village Wednesday before moving on to Terrace, BC, Thursday afternoon. MAP Canada’s crude oil pipeline Charting TransCanada’s proposed Keystone XL pipeline Members from Douglas Channel … Click for more

BC won’t endorse Northern Gateway until environmental assessment complete: Clark

BC won’t endorse Northern Gateway until environmental assessment complete: Clark Vancouver Sun By PETER O’NEIL, Vancouver Sun December 13, 2011 “Certainly in British Columbia we recognize the big contribution that the oilsands make to Canada and to our national economy,” Clark told reporters after a meeting with Alberta Premier Alison Redford … Click for more

RTI signs two new long-term shipping agreements

BCLocalNews Hilsborough is currently looking to expand production in northeast BC, while Ridley Terminals is in the midst of expanding capacity. “This agreement means communities in Northeast BC, which support the coal mining industry, can plan a future knowing … Click for more

New mines, first nations deals key pillars in BC Premier’s job plan

Globe and Mail After a provincial tour this week during which Ms. Clark released parts of the plan, she released the entire BC Jobs Program that she said would cost less than $300-million over several years. Ms. Clark committed to helping create eight new mines in BC … Click for more

Ridley Terminal Expands

Ridley Terminal

With long term contracts signed with companies such as Arch Coal, Ridley Terminals is expanding to accommodate coal export for Asia. The facility located in Prince Rupert is owned and operated by the Government of Canada. There are planning a 35 acre expansion will include a new rail dump car for coal, iron ore and [...]

Avanti Mining Holds Open House

Avanti Mine - Kitsault

Avanti Mining (TSXV-AVT) is holding an open house in Terrace, BC for the British Columbia Environmental Assessment Office regarding their application for the redevelopment of the Kitsault Mine. The open house will take place on Tuesday March 15 from 430pm to 8pm at the Best Western Hotel in Terrace BC. Click for more

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