Articles Tagged "british columbia"

BC Buys Arctos Project From Fortune Minerals and POSCAN for $18.3 Million

On Monday, the British Columbia Government announced that BC Rail would buy 61 coal licenses in northwest British Columbia from Fortune Minerals and POSCO Canada for approximately $18.3 million. The buy comes as the government looks to resolve issues raised by the local Tahltan Nation regarding development of the project.

Highbank Resources Ready for Production This Quarter

On Tuesday, Highbank Resources (TSXV:HBK) reported that its Swamp Point North project will be ready for production during the first quarter of 2015. According to its release, the company has already generated quite a bit of interest from contractors for construction projects in northern BC and has already given out a number of quotes for future orders.

Cardero Announces New Resource Estimate for Carbon Creek

Cardero Resource has made good on a promise to put out a new technical report for its Carbon Creek joint venture project. Carbon Creek underwent a significant change back in June when Cardero withdrew from a coal lease that made up part of the project, rendering a previous prefeasibility study invalid.