News Release: Cliffs Refuses to Provide First Point with Key Data on Decar Project

May 5, 2012, 9:35 a.m. EDT
 
VANCOUVER, BRITISH COLUMBIA, May 05, 2012 (MARKETWIRE via COMTEX)
— First Point Minerals Corp. /quotes/zigman/157178 CA:FPX 0.00% (“First Point” or the “Company”) announces that it has served notice of arbitration on Cliffs Natural Resources Exploration Canada Inc. and Cliffs Natural Resources Exploration Inc. (collectively “Cliffs”) over Cliffs’ refusal to provide First Point with information prepared by their consultants with respect to the Decar Nickel-Iron Alloy Project in British Columbia.

Cliffs has refused to provide First Point with certain key reports prepared by consultants and contractors with respect to the Decar Project. The reporting obligations under the Option Agreement currently in effect require that Cliffs provide First Point, on a timely basis, with: “…copies of all reports…and consultants’ and contractors’ reports.”

First Point regrets having no alternative to taking this step against a major company such as Cliffs, but repeated requests by First Point for delivery of the information have been either refused or ignored, and Cliffs’ refusal thus far to provide these reports is damaging the interests of First Point and its shareholders. Management of First Point cannot speculate on the possible nature of the content of the reports that would cause Cliffs to refuse to share the information with First Point as required in the Option Agreement.

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Mining company [Taseko Mines] asks government not to consider aboriginal spirituality in environmental probe – by Peter O’Neil (Postmedia News – April 30, 2012)

http://www.canada.com/index.html

OTTAWA — A Vancouver company pushing the Harper government to reconsider a controversial gold-copper mining project in the B.C. Interior has privately urged Ottawa to ignore aboriginal requests to consider native “spirituality” as a factor in their determination, according to a letter the company sent to Environment Minister Peter Kent.

A new federal environmental review panel “does not have any right to attribute significance to the spirituality of a place per se,” wrote Taseko Mines Ltd. president Russell Hallbauer in a letter obtained under the Access to Information Act and provided to the Vancouver Sun by B.C. independent provincial representative Bob Simpson.

Taseko, which failed in its 2010 bid to get federal approval after a “scathing” federal review, also asked Ottawa to not permit aboriginal prayer ceremonies at pending hearings on the revised proposal.

And children’s plays should also be banned, Hallbauer told Kent in his November letter.

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NEWS RELEASE: Yukon-Nevada Gold Corp. Signs Socio-Economic Participation Agreement with Five Kaska First Nations

VANCOUVER, April 30, 2012 /CNW/ – Yukon-Nevada Gold Corp. (TSX: YNG) (Frankfurt Xetra Exchange: NG6) is pleased to announce that, along with its wholly owned subsidiary, Ketza River Holdings Ltd., it has signed a Socio-Economic Participation Agreement (“SEPA”) with Kaska First Nations (“Kaska”) located in both Northern British Columbia and the Yukon Territory.
 
The SEPA has been negotiated over the last five years and is designed to foster and promote social and economic opportunities for First Nations members and contractors. There are also numerous beneficial effects that accrue to Yukon-Nevada Gold Corp. (“YNG” or the “Company”).
 
In addition to annual fixed and variable payments, YNG commits to the provision of both training and employment opportunities to the local First Nations. YNG seeks to the further development of the Kaska workforce from which the Company will hire employees and/or contractors and to that end will make annual payments into a scholarship fund for qualified Kaska citizens.
 
Ongoing input by Kaska Citizens to the Ketza River Project (“Project”) will be facilitated by the hiring of an Aboriginal Liaison Officer (“ALO”). The ALO will act as a communication link between YNG and Kaska citizens.

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Federal budget: Critics blast Ottawa’s plan to overhaul environmental review process – by Michael Woods (Toronto Star – April 18, 2012)

The Toronto Star, has the largest circulation in Canada. The paper has an enormous impact on federal and Ontario politics as well as shaping public opinion.

Critics cried foul Tuesday over the federal government’s decision to overhaul its environmental assessment process, calling it a bid to fast-track big oil and gas projects at the expense of the environment.

And environmentalists say there’s no better cautionary tale than the proposed Prosperity mine near Williams Lake in Interior B.C., which the province approved in 2010 but the federal government later disallowed.
 
The Conservative government’s planned changes, announced Tuesday but first mentioned in last month’s federal budget, would hand over environmental oversight for many projects to the provinces and reduce the number of federal review organizations and departments from more than 40 to three.
 
Minister of Natural Resources Joe Oliver said the assessment process needs streamlining because the current one is duplicative and cumbersome, and small projects that pose no risk to the environment are delayed. The government says new rules would provide predictability for investors.

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British Columbia to spend C$25bn improving Asian trading opportunities – by Dorothy Kosich (Mineweb.com – April 3, 2012)

www.mineweb.com

BC’s Premier announced Monday the launch of the Pacific Gateway Transportation Strategy which aims to expand Canadian mining exports to Asia

RENO (MINEWEB) – British Columbia Premier Christy Clark Monday launched the new Pacific Gateway Transportation Strategy 2012-2020 to expand international trade in coal, potash, minerals, forest products, grain, container traffic and growth in air travel.
 
The strategy targets Cdn$25 billion in new public and private sector investment needed to meet demand, in addition to $22 billion already committed since 2005.
 
“We have a once-in-a-generation opportunity to take advantage of the fastest growing economy in history,” Clark said. “Asia is right at our doorstep-our ports are closer than anywhere else in North America. Our government is making sure we can get our goods to market as efficiently and quickly as possible and this strategy is a huge part of that plan.”
 
For instance, Teck has invested more than $1 billion and hired an additional 1.000 people in British Columbia to expand its steelmaking coal, copper and zinc operations.

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B.C. mining company sues environmental advocacy group for defamation – by The Canadian Press (Canadian Business Magazine – March 01, 2012)

Founded in 1928, Canadian Business is the longest-publishing business magazine in Canada.

VANCOUVER – The company behind a controversial mining proposal in British Columbia has filed a lawsuit against one of its critics, alleging an environmental group has made inaccurate and defamatory comments that threaten to mislead the public.

Taseko Mines Ltd. (TSX:TKO) filed a notice of claim in B.C. Supreme Court on Thursday targeting the Western Canada Wilderness Committee and one of its employees over statements the environmental group has made about the company’s New Prosperity gold and copper project.

The project has faced fierce opposition from environmentalists and local First Nations communities and was rejected by a federal government environmental review in 2010.

Late last year, Ottawa agreed to hear a second environmental review after Taseko promised changes designed to address environmental concerns — but those changes have done little to quiet opponents such as the Wilderness Committee.

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NEWS RELEASE: Fraser Institute’s Survey of Mining Companies shows British Columbia’s steady improvement

Vancouver, BC – February 23, 2012 – Today, the Association for Mineral Exploration BC (AME BC) responded to the Fraser Institute’s rankings of mining companies’ perceptions of British Columbia. Although the province shows steady improvement in perception, not all policy improvements have been fully recognized in the survey results announced this year. BC has moved up the rankings to 31st out of 93 jurisdictions in the survey’s Policy Potential Index, up from 36th out of 79 jurisdictions included in 2011.

“British Columbia’s government worked throughout 2011 to provide further resources to agencies responsible for the industry, improve consultation timelines with aboriginal communities and address permitting efficiency,” said Gavin C. Dirom, President & CEO of AME BC.

“While we know that some very important challenges still need be addressed – particularly in land access and use matters – it’s fair to say that in the past year, the BC government has taken a number of coordinated and strategic measures to tackle many of the challenges identified by AME BC.

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The Windy Craggy Experience (British Columbia Mining History) – by Mary Page Webster (Fraser Institute – undated)

This article came from the Fraser Institue website: http://www.fraserinstitute.org/

I first learned of the Windy Craggy copper-cobalt deposit when I was a student working towards my degree in Geology. Geddes Resources Ltd. was exploring the property and the president of Geddes (my father) showed me some surface samples. The massive sulphides in the samples indicated that Windy Craggy was one of the most important mineral finds in North America.

Windy Craggy is in the Tatshenshini Area of Northwestern British Columbia, about an hour west of Whitehorse by helicopter. The area is isolated with no ready surface access, and no permanent residents. It is not prime hunting and fishing territory. In fact, the only person working a trapline in the area at the time it was explored was a man named Yurg Hoffer, who had emigrated from Switzerland. His trapline extended along the west side of the Haines Road from about the Yukon Border to the Alaska border near Haines—a distance of about 40 miles. The scenery in the area is typical of the Rocky Mountains which extend northwest through Alaska, and south through the western United States and into Mexico.

My first visit to Windy Craggy was as part of an exploration team several years after I graduated. I spent much of the next 10 years working in the area, including in the Yukon and BC. For four of these years I was exploration manager for Geddes Resources.

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Association for Mineral Exploration British Columbia (AME BC) – Aboriginal Involvement in B.C. Mining Sector Video – January 13, 2012

Stepping Stones to Success AME BC is the predominant voice of mineral exploration and development in British Columbia. Established in 1912, AME BC represents thousands of members including geoscientists, prospectors, engineers, entrepreneurs, exploration companies, suppliers, mineral producers, and associations who are engaged in mineral exploration and development in BC and throughout the world. Through leadership, …

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Descendant of Jack London opposes [Northwest Territory] mine – by By Stephen Hume (Vancouver Sun – January 28, 2012)

The Vancouver Sun, a broadsheet daily paper first published in 1912, has the largest circulation in the province of British Columbia.

Aboriginal opposition to development of silver-zinc deposit in Nahanni National Park Reserve is supported by writer’s great-granddaughter

Celebrated writer Jack London’s great-granddaughter is supporting northern first nations and environmental groups challenging efforts by a Vancouver mining company to redevelop a rich silver-zinc deposit within the Nahanni National Park Reserve.

The park, surrounding the South Nahanni River where it carves through the Mackenzie Mountains about 1,300 kilometres north of Vancouver, has been called Canada’s Grand Canyon.

Last December, the Dehcho First Nations wrote to the federal government saying that a decision by the Mackenzie Valley Environmental Impact Review Board dismissing the need for an environmental impact review for the Canadian Zinc Corp.’s Prairie Creek mine was “troubling and disappointing” in its failure to adequately address their concerns about downstream water quality.

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Major [mining] investments return to BC – by Gavin C. Dirom (Northern Miner – January 23-29, 2012)

The Northern Miner, first published in 1915, during the Cobalt Silver Rush, is considered Canada’s leading authority on the mining industry.

The author is president and CEO of the Association for Mineral Exploration British Columbia (AME BC), which is celebrating its one-hundredth anniversary with special activities planned during AME BC’s twenty-ninth Roundup in Vancouver from Jan. 23–26, 2012. Visit www.amebc.ca for more information.

B.C. is on the cusp of regaining its rightful position as one of the best jurisdictions in the world to explore and develop mineral resources.

Driven by record-breaking expenditures in 2011, encouraging commodity prices and increasingly progressive government policy, mineral exploration and development in B.C. represents a multi-generational, socio-economic opportunity that can be measured in billions of dollars and thousands of jobs.

In 2011, an estimated $450 million to $500 million was spent on mineral exploration in B.C. This is higher than the $322 million recorded in 2010 and illustrates spending not seen since the eighties. One million metres of rock was drilled in search of rare mineral deposits for developing into viable mines to produce critical raw materials, such as copper, gold, coal and zinc.

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Celebrating Our First Century of Global Discovery – by Jonathan Buchanan (Vancouver Sun – January 21, 2012)

The Vancouver Sun, a broadsheet daily paper first published in 1912, has the largest circulation in the province of British Columbia.

The Association for Mineral Exploration British Columbia Turns 100

One hundred years ago, Vancouver was a prosperous place. Industry was booming, the Vancouver Sun was born, and the first professional hockey game Vancouver Millionaires vs. the New Westminster Royals was played in Vancouver’s Denman Arena -the first Canadian artificial ice rink and reportedly the largest in the world. The Association for Mineral Exploration British Columbia (AME BC) also had its start in 1912 – as the Vancouver Chamber of Mines.

“The necessity of a reliable centre in Vancouver,” the Chamber noted at the time, “where mining men can meet, exchange views, and discuss matters relating to mining, was recognized long ago. A big city is the natural mecca of the miner and prospector, the logical place for him to gravitate to in the hope of attracting capital either to buy or develop his prospect.

“One hundred years later, the Association has more than fulfilled its mandate as a “reliable centre” – AME BC now represents thousands of members – hundreds of whom are now women – including geoscientists, prospectors, engineers, entrepreneurs, exploration companies, suppliers, mineral producers, and associations who are engaged in mineral exploration and development in BC and throughout the world.

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MINERS AT WORK, A HISTORY OF BRITISH COLUMBIA’S GOLD RUSHES – by B. Griffin (Royal British Columbia Museum, Victoria, B.C.)

ABSTRACT
 
The search for gold is the single most dramatic event of British Columbia’s early history. Although European settlement originally was founded on furs, it was the gold rushes of 1858 through the 1860s that changed the direction of development in this province for considerable time. These gold rushes not only brought a sharp increase in population and wealth but also initiated development of an early infrastructure of roads and services and directly influenced the shape of British Columbia’s politics.

It has been estimated that between 1860 and 1880 about $35 000 000 worth of gold was extracted from the 130 square kilometres (50 square miles) surrounding Barkerville. Although the later gold rushes were smaller, they also played an important role in our history. 

The rush to British Columbia was only one of a series of sudden shifts in population and wealth that resulted from the search for placer gold. California and Australia both attracted hordes of miners in search of riches. This paper places the British Columbia gold rush in a world context; it drew less world attention and was smaller than either the Californian or Australian rushes.

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NEWS RELEASE: AME BC Salutes Canadian Mining Hall of Fame Inductees

AME BC represents 4,000 thousand individual and 360 corporate members and is the predominant voice of mineral exploration and mine development in British Columbia.

Vancouver, B.C. — January 13, 2012 — The Association for Mineral Exploration BC (AME BC) salutes Robert Hunter (1927-2007) and Robert Dickinson, who were jointly inducted into the Canadian Mining Hall of Fame on January 12 in recognition of their outstanding lifetime achievements to the Canadian minerals industry.

Hunter and Dickinson are founders of Hunter Dickinson Inc. Today, because of the vision and leadership of Mr. Hunter and Mr. Dickinson, HDI is a diversified, global mining group with more than 25 years of mineral development success. From its head office in Vancouver, B.C., HDI applies its unique strengths and capabilities to acquire, develop, operate and monetize mineral properties that provide consistently superior returns to shareholders.

HDI is characterized by the drive and commitment of its founders, senior management and multi-disciplinary team. It is known for its technical excellence, experience and reliability. And it is passionate about bringing responsible mineral development to life in creative ways for the benefit of shareholders, partners and communities. 

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A cautious optimism for coal – by David Ebner and Brenda Bouw (Globe and Mail – January 4, 2012)

The Globe and Mail is Canada’s national newspaper with the second largest broadsheet circulation in the country. It has enormous influence on Canada’s political and business elite.

RIDLEY ISLAND, B.C. AND VANCOUVER – The sky is a hard grey and the small mountains of coal piled a dozen metres high are thick black. From this outpost in northwestern British Columbia, about 700 kilometres from Vancouver, coal trundles on conveyors from train cars to the piles, and then onward to docked ships destined for steel mills in China, Japan, and South Korea.

New equipment – huge rings of steel – lays nearby. The gear will increase the capacity of Ridley Terminals Inc. to unload coal from trains, one step in a four-year, multimillion-dollar effort to double exports to 24-million tonnes a year, and handle new and increased production from coal mines in British Columbia, Alberta and the United States.

It is the second time Canada has bet big on higher coal exports to steel makers in Asia. Last time, the bet on Japan failed badly when the forecasted prolonged boom didn’t last. Today, the same belief, and certainty, has been attached to China, the world’s largest steel-producing nation.

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