British Columbia Mining News

Benchmark Metals to start drilling campaign at Lawyers property in BC

Benchmark believes the Lawyers Trend has potential for near 5 million gold equivalent ounces.

Westhaven stock takes hit after Shovelnose drill results

Shares of Westhaven Ventures were down over 12% at market open on Monday.

Canarc's stock jumps on PEA at New Polaris

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

Ximen to expand precious metals exploration efforts in BC

Three British Columbia properties are seeing some action in 2019.

Copper Fox updates exploration at Schaft Creek JV

The property is a potential producer of copper, gold and molybdenum.

New Gold gets green light for $1.8B Blackwater project in BC

As proposed, the Blackwater gold project would produce 60,000 tonnes per day of gold and silver ore, over a mine life of 17 years. 

British Columbia government to restore structure at historic coal mine

The 22.5-metre concrete headframe and tipple structure at the Morden Colliery coal mine was built in the early 1900s by the Pacific Coal Company.

American Manganese’s lithium-ion battery recycling technology achieves high recovery rates

An independent lab ran a series of tests and average recovery rates ranged from 91.4% to 94%.

Coeur Mining’s shares hit on first quarter 2019 production and sales report

The miner maintains production guidance for 2019.

Mining Association of BC names new President and CEO

Michael Goehring will serve as President and CEO, effective May 1, 2019.

Vancouver junior gold exec fined for false statements about Pascua Lama

The president and CEO of Vancouver-based Mountainstar Gold has been slapped with a C$150,000 penalty by the British Columbia Securities Commission.

Pretium plans 40% increase in Brucejack throughput, shares jump

The Brucejack mine and mill are increasing throughput to 3,800 t/d from 2,700 t/d over the course of the year.

Plans for logging, mining near British Columbia parks spark concern

Cross-border concerns about mineral exploration and logging in British Columbia's Skagit River watershed may put a long-simmering campaign to close a hole in the middle of two provincial parks back on the front burner.

ArcWest finalizes acquisition of Sparrowhawk property in BC

The property is adjacent to two significant porphyry copper-gold deposits, including Glencore Canada's Bell and Granisle mines.

Northern Vancouver Island’s mineral potential to be surveyed

According to Geoscience BC, every time its team runs projects like this one, new investment comes into the region at hand.

B2Gold to invest $50 million in Fekola mine expansion

It could take the Malian mine gold output to 7.5-million tonnes a year from the current 6-million tonnes.

Skeena begins metallurgical optimization and PEA at former Eskay Creek mine

The PEA is scheduled for completion in Q3 2019.

Barkerville Gold hits high grades at Cariboo project

The results have also expanded mineralization by 175 metres at Island Mountain.

Paulson opposes Newmont-Goldcorp merger

The holder of over 14 million Newmont shares sent the CEO a letter that outlines how the deal, under the current terms, creates negative value for Newmont shareholders.

Wheaton Precious Metals exceeds 2018 production guidance, declares dividend

Wheaton exceeded production guidance for gold, silver and palladium by 5%, 9% and 41%, respectively.

Imperial Metals pulls ‘a rabbit out of the hat’ with Red Chris deal

Investors ‘flabbergasted’ at $1.1b stake taken in Red Chris mine by Australia’s Newcrest.

Apex confirms gold anomaly at Ore Hill in BC

The company is in the process of permitting the property for further exploration in 2019.

Value of British Columbia's mining M&As rebounded after 2017’s decline

A 272.9% increase since 2014 has driven the median M&A deal value to its highest level in six years.

CIBC upgrades Imperial Metals with Newcrest investment in Red Chris

The bank has upgraded Imperial Metals to a neutral rating from underperformer and lifted its 12-18 month target price on the stock.

Seabridge boosts resource at Iron Cap

The project now contains 423 million indicated tonnes grading 0.41 gram gold per tonne, 0.22% copper, 4.6 grams silver and 41 parts per million molybdenum.