MINING.com Editor

Wheaton resolves tax dispute with Canada Revenue Agency, shares surge 14%

The reassessments were related to income generated by Wheaton’s wholly-owned foreign subsidiaries operating outside of Canada.

Delrey Metals acquires vanadium assets in British Columbia

The Blackie property is located in a historic mining district.

Indonesia's Silkroad Nickel inks $290m offtake agreement

The deal is to supply 15 million tonnes of nickel ore over a period of five to eight years, beginning March 2020.

Excelsior closes $75M deal for Arizona copper project

Excelsior will start construction activities at the Arizona Gunnison copper project before the end of the year.

SSR Mining stakes C$31 million in Silvercrest

The company plans to use the proceeds for the exploration and development of the Las Chispas silver-gold project in Mexico.

Rio Tinto green lights $2.6B Koodaideri iron ore mine investment

Construction will start next year with first production expected in late 2021.

Surge acquires copper-gold mineral mountain property in Omineca mining division

The company stated that the region is host to numerous operating mines.

Metals Creek starts diamond drilling at Garrison project

The company’s stock jumped 12% Wednesday, following the announcement.

Eurasian Resources secures electricity supply for Frontier copper mine in DRC

Frontier mine is a cornerstone of ERG’s copper business and is situated on the DRC-Zambia border.

This Australian mining tool could save lives world-wide

HEX-RITE is a lifting tool used for charging high explosives into drawpoints associated with block-cave, sublevel-cave and open stope mining.

Aecon sells contract mining business to North American Construction Group for C$199m

The closing is effective November 23, 2018. 

Tin pioneer Kay Nimmo named in Top 100 Women in Mining

Nimmo was selected for the Top 100 listing based on criteria such as perseverance in the face of adversity and a trail-blazing approach.

BHP expected to catch up on iron ore shipments

BHP's maintenance work on its Port Hedland facilities, spare rail capacity and 40 ships waiting to be loaded means it will be able to make its production target for June 2018 - July 2019.

World Gold Council announces update to AISC guidance

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

Sandstorm Gold board approves $18m share buyback, shares jump

The 18.3 million shares represent approximately 10% of Sandstorm’s current shares outstanding.

University of British Columbia students win World Mining Competition

A large component of every World Mining Competition case is an extensive financial analysis.

Golden Ridge closes option deal with Barrick for 100% interest in Hank Project

Golden Ridge spent $4 million on exploration at Hank and completed nearly 11,000m of diamond drilling.

Sibanye-Stillwater signs three-year gold wage agreement with unions

Sibanye-Stillwater currently employs over 32,000 people at its South Africa gold operations.

SACS Cable to boost connectivity in Africa via Teraco Data Centres

Low latency access between Africa and the Americas set to benefit local carriers, content and cloud providers as well as enterprise

ALROSA sells large rough diamonds in Vladivostok for $10.3 million

The company has sold 119 gem-quality rough diamonds with a total weight of 1,890 carats.

Seequent merges Geosoft and Leapfrog brands

Seequent is known for its Leapfrog 3D geological modelling solutions.

Gold production up 60% over last year at RNC Minerals’ Beta Hunt mine

Year-to-date October 31, 2018 mined gold ounces was 71,957.

RSC Mining and Mineral Exploration partners with Terra Modelling

The agreement provides a considerable combined offering to the mineral exploration and mining market.

Kimberlites exploration drilling underway in Fort à la Corne Saskatchewan

Star Diamond Corporation announced that Rio Tinto Exploration Canada commenced an HQ core drilling program on 11 holes.

ALROSA reports October diamond sales $242.8 million – down 28% YoY

ALROSA's total diamond sales in January-October 2018 grew 6% YoY.