Resources & Agriculture

Vancouver-based Novo Resources has purchased a 70% interest in 103 separate tenements and tenements applications from Australia's Creasy Group, the gold exploration company announced March 4.

British Columbia ranked 11th in Canada and 32nd globally in the Fraser Institute’s ranking of the most attractive jurisdictions for mining investors, according to the think tank’s annual global survey of mining executives.

The ongoing dispute between Canadian miners Goldcorp (TSX:G) (NYSE:GG) and Osisko (TSX:OSK) will be kept outside courts, as both companies reached a settlement Monday over Osisko’s legal action aimed at blocking the gold giant’s $2.6-billion hostile takeover offer.

B.C. companies are on the leading edge of developing natural pesticides

This week's rejection of Taseko's (TSX:TKO) proposed New Prosperity gold and copper mine project near Williams Lake has been lauded as a win by some, including First Nations groups, but not everyone is happy with the decision.

Rig Locator, which provides detailed information on drilling and service rigs in Canada, reported that 625 rigs were working across the Western Canadian Sedimentary Basin the week of February 24, out of a total possible 810, resulting in 77% of the fleet being active.

The British Columbia government collected $25.38 million at its February land sale the last week of February – which included a single bid of $11.48 million – as operators continued consolidating land in the Montney fairway.

NDP leader Adrian Dix met with former employees of Lakeland Mills and their families this week, following WorkSafeBC’s recent decision to recommend regulatory charges but not criminal charges.

The federal government has once again rejected the proposed New Prosperity copper and gold mine near Williams Lake, but the company behind the plan isn’t giving up.

Vancouver-based Endeavour Silver (TSX:EDR) says its proven and probable reserves have dropped by 50% to 11.6 million ounces due to lower-than-anticipated precious metal prices, reports MINING.com.