BHP already operates the world’s largest copper mine, Escondida, which sits, quite literally, across the road from Zaldivar.
The objective is to try finding Val-d'Or's next big gold discovery.
Teck is facing sanctions over infractions that include openings in the deposit where the ore is stored and a failure to build sufficient water infrastructure.
Until now Canadian companies needed to have at least 51% stake in any uranium project.
Collectively, Canada's energy sector lost more than $600 million in the first three months of this year, and the Canadian economy shrank in the same period, as the collapse in oil prices took its toll.
In recent months the mine has been pumped out and now the company is working on fixing existing power lines and bringing equipment to the site.
The Chinese firm already mines gold next door to a Phoenix deposit.
The mill feed is expected to be processed for gold, silver, copper, lead and zinc.
"I can feel the dust on my teeth."
Seabridge's KSM project in BC, world's largest undeveloped gold deposit, comes under attack from non-profit founded by Sierra Club chairman.
It also plans to review the legal status of the joint venture, while it negotiates with Ivanhoe to raise its stake to 20% from the current 5% it holds.
The news came on the same day Royal Bank of Canada downgraded Goldcorp’s stock to “sector perform” from “outperform,” citing concerns over the miner’s ability to continue paying its monthly dividend.
Production is expected to reach 110,000 barrels per day, bringing total production to 220,000 barrels per day.
They are calling the company's shareholders “not to pay the price of ignorance” when it comes to investing in the Solwara 1 deep sea copper, gold mining project in Papua New Guinea.
The miner continues to extract high-grade ore samples at its Amaruq deposit, near its Meadowbank asset, Nunavut's only fully operational gold mine.
A third of money raised is destined for Canadian projects while Australia's share of global total drops to only 5%.
ConocoPhillips and Husky have both suspended exploration in the play, scared off by the oil price rout.
The industry body said that instead of fighting fossil fuels, industrialized nations should try to make them cleaner.
The country's national pension fund has bought 15.9 million shares of Zambia's Consolidated Copper Mines-Investment Holdings for almost $80 million.
Copper concentrate throughput at Imperial Metal’s greenfield project exceeds projections after installation of ABB’s reliable low-speed dual pinion ring-geared mill drive solution
Meanwhile, the country’s overall oil production is expected to reach 5.3 million barrels a day by 2030, which is 1.1 million barrels per day lower than last year's expectations.
The proposed sum is on top of the $75 million the firm agreed to pay to Michigan last month.
The 400-tonne heavy haulers that rumble along the roads of northern Alberta’s oilsands sites are referred to in Fort McMurray as “the biggest trucks in the world,” employing thousands of operators to drive the massive rigs through the mine pits.
U.S., Canada, Germany, France, the UK, Japan, and Italy agreed to cut greenhouse gases by phasing out the use of fossil fuels by the end of the century.
The company said the mine will either be put on "care and maintenance" for a possible restart or closed.
Junior oil sands companies have been falling like dominoes lately, but that doesn’t mean the species is doomed, says the CEO of BlackPearl Resources Ltd., insisting his junior oilsands company will survive and thrive despite current low oil prices and unfavourable capital markets.
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