Bankers feel pain from industry slowdown: VANCOUVER SUN

The downturn in the mining industry is beginning to ripple through brokerage firms and investment banks in Canada. One small brokerage firm, Fraser Mackenzie Ltd., closed earlier this year. Casimir Capital Ltd., a closely held investment bank, has cut jobs on its mining team and...
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Plunging prices take shine off gold mining profits: VANCOUVER SUN

The second-quarter gold earnings were expected to be noisy, and they have not disappointed so far. Writedowns, plummeting profits and a vast range of realized prices have been key themes in the reports. Most importantly, the miners are unveiling the cost and capital spending...
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The pain of the plunge: Moody’s new world for gold: GLOBE AND MAIL

The plunge in gold prices hasn’t put the gold sector’s debt-laden major producers at odds with their credit raters – yet. But gold’s retreat has exposed and deepened the cracks in some very large balance sheets. Debt-rating giant Moody’s issued a...
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Lower prices cut into Teck Resources’ (TCK.B) profits in Q2: CP

VANCOUVER (Canadian Press) – Teck Resources Ltd. (TSX: T.TCK.B) is reporting second-quarter adjusted profit of $197 million, about half what it delivered in the same period last year, and says it’s increasing cost-reduction efforts to deal with lower prices for its...
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SAVING SACRED FISH LAKE: Global TV BC

Thu, Jul 25 – Global News visits the remote, pristine lake that’s at the center of BC’s biggest resource development battle. Read more: http://globalnews.ca/video/742958/saving-sacred-fish-lake
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Land dispute causes development ban in southern Nunavut: CBC

The federal government has prohibited development on several parcels of Crown land in southern Nunavut while a dispute continues between Nunavut Inuit and First Nations in Saskatchewan and Manitoba. The Crown lands can’t be sold or leased for the next three years. The...
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Taseko mine approval would be ‘environmental racism’: PG CITIZEN

A self-taught mining expert challenged the economics behind the proposed New Prosperity copper and gold mine on Tuesday as federal review hearings continued in Williams Lake. Tsilhqot’in National Government representative Joan Kuyek said she doesn’t trust information...
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Hearings begin into proposed billion-dollar open pit mine: GLOBAL TV

Public hearings begin today for Taseko’s proposed open pit gold and copper mine near Williams Lake. It is the seventh largest undeveloped deposit of its kind in the world and Taseko says it will mean five and a half billion in tax revenue for B.C. alone. Ottawa rejected it in...
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Taseko should expect local opposition a mine hearings: MINING WEEKLY

The Tsilhqot’in First Nation on Monday said it was disappointed at being forced to once again oppose base metals producer Taseko Mine’s proposed New Prosperity mine, in the Cariboo-Chilcotin region of British Columbia, imploring the federal government to listen to community...
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New Prosperity CEAA Review Panel – hearings begin: CBC NEWS

Public hearings begin today for Taseko’s proposed $1-billion open pit gold and copper mine near Williams Lake, B.C. The New Prosperity project is being reviewed by the Canadian Environmental Assessment Agency for the second time after the federal government rejected it in 2010...
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10 reasons why mine must be rejected: TSILHQOT’IN NATION

Williams Lake, B.C. July 21, 2013: The Tsilhqot’in Nation is preparing today to participate in the Public Hearings for the controversial “New” Prosperity Mine proposal, and is calling on the Federal government to listen to community members, scientists and the public who are...
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TNG rally as July 22 CEAA panel hearings begin: TSILHQOT’IN

Read more: http://www.fnwarm.com/media/79eab82b694d8176ffff83ceffffe417.pdf
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