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Resource Development in Northern British Columbia

Resource Development in Northern British Columbia

Here in Northern BC the next 6 months will be busy with numerous projects in the natural resource sector. In the short term there are a number of events that will help set the pace forward for the next 10-20 years of business development. Cambridge House First up is the…

High-quality coal and house prices: A B.C. town’s second chance

High-quality coal and house prices: A B.C. town’s second chance

From the Globe and Mail Tumbler Ridge Mayor Darwin Wren predicts that the quality of British Columbia coal will keep his northeastern B.C. community afloat. In 2001, Mr. Wren moved from Fort Nelson to Tumbler Ridge, where he bought a house for $28,000, just months after the nearby Quintette coal…

Thick Shallow Anthracite Seams Intersected at Groundhog

Thick Shallow Anthracite Seams Intersected at Groundhog

We are pleased to update shareholders on current drilling activities at the Company’s flagship 1.57Bt Groundhog Anthracite Project in British Columbia, Canada. Atrum has had an exceptional start to reserve definition drilling with the high ranking ‘s70’ coal seam encountered with significantly thicker and shallower coal intercepts including 6.8m thickness…

Quintette Mine to Reopen

Quintette Mine to Reopen

The Quintette mine is reopening with the Government of BC announcing  the approval of the permit applications by Teck Resources. The re-opening of the mine, which was closed operating from 1982 to 2000 is expected to cost Teck $860 million into the facilities and operations, and part of that is…

Cardero’s Carbon Creek Project Selected for Streamlined Environmental Assessment Process

Cardero’s Carbon Creek Project Selected for Streamlined Environmental Assessment Process

Cardero Resource Corp. (“Cardero” or the “Company”) (TSX: CDU, NYSE MKT: CDY) provides an update on the Environmental Assessment process for the Carbon Creek Metallurgical Coal project.  The Canadian Environmental Assessment Agency (“CEAA”) and the British Columbia Environmental Assessment Office (“EAO”) recently announced the finalization of a Memorandum of Understanding…

Atrum Secures Option to Acquire Coking Coal Projects

Atrum Secures Option to Acquire Coking Coal Projects

Atrum Coal is pleased to announce it has secured an option to acquire 100% of both the Adams Project and White Rabbit Project in the coking coal rich Peace River region of British Columbia, Canada. The projects, which total 20,876 hectares in size, are close to key infrastructure and immediately contiguous (north and…

Fortune Minerals Featured in the Smithers Interior News

Fortune Minerals Featured in the Smithers Interior News

A recent edition of Interior News included an article on the Arctos Anthracite Project. The project is an international collaboration between Fortune Minerals Limited (80%) and POSCO Canada Ltd. (20%), the Canadian subsidiary of South Korea’s POSCO, one of the world’s largest steel producers. Local Community to Benefit From Worldwide…

Fortune Minerals Completes Coal Study

Fortune Minerals Completes Coal Study

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…