Banks Island Gold Ltd. (TSX-V:BOZ) announces that, further to its news release of March 8, 2013, it has closed the first tranche of its private placement of 1,701,000 flow-through units at a price of $0.68 per unit, for gross proceeds of $1,156,680, and 2,138,771 non–flow-through units at a price of $0.62 per unit, for gross [...]
Banks Island Gold Ltd. (TSX-V:BOZ) is pleased to report an update of its recent developments, activities, and exploration plans for the Yellow Giant Gold Property, located on Banks Island, British Columbia. Banks Island Maintains 100% Ownership of Yellow Giant As announced on November 9, 2012, the Company provided formal notification to Selkirk Metals Corp. (“Selkirk”), [...]
Fortune Minerals (TSX:FT) (OTCQX:FTMDF) announce the results of an updated Definitive Feasibility Study (“DFS”) for the Arctos Project (formerly known as the Mount Klappan) in northwestern British Columbia (“BC”), Canada. Arctos, project, is a collaborative international development project by the Arctos Anthracite Joint Venture (“AAJV”) between Fortune (80%) and POSCAN (20%), the Canadian subsidiary of [...]
Avanti Mining Inc. (TSX-V: AVT) (OTC: AVNMF.PK) and its wholly owned subsidiary Avanti Kitsault Mine Ltd. announces that on June 29th, 2012 they have closed on the previously announced bridge loan with CEF Holdings Limited (“CEF”) and Resource Capital Fund IV L.P. (“RCF”) (collectively referred herein as Lenders) to provide a US$20 million bridge loan [...]
Seabridge Gold (TSX:SEA) announced that it has acquired ownership and control of 4,000,000 common shares of Banks Island Gold Ltd. (TSXV: BOZ) (“Banks Island”) by private issuance upon entering into an Option Agreement with Banks Island in respect of Seabridge Gold’s Red Mountain Project. The BOZ Shares held by Seabridge Gold represent approximately 15.4% of the [...]
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
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 [...]
Business in Vancouver Avanti Mining Inc. (TSX-V:AVT) has landed a South Korean partner to build its molybdenum mine near one of BC’s famed ghost towns. … Click for more
Western Coal (TSX-WTN) is now implementing the use of Capesize bulk carrier ships at Ridley Terminals. Western Coal previously utilized 75,000 tonne Panamax vessels but since September 2010 has switched to the 170,000 tonne Capesize vessels. The next Capesize ship scheduled to load the Company’s coal is expected to arrive at Ridley Terminals in November [...]
Today’s Trucking News PRINCE RUPERT, BC — Coal may not be the most ideal thing to get in your Christmas stocking, but BC’s Ridley Terminals Inc. (RTI) couldn’t have asked for a … Click for more
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