Canada Mining News

Soros cashes in as Barrick posts best-ever first half rally

Soros Fund, which took a $263.7 million stake in Barrick Gold Corp. in the first quarter, cut its holdings in the world’s biggest producer of the metal by 94% in the ensuing three months.

Gitxaala Nation accuses B.C. government of delaying mining site clean-up

Banks Island Gold along with its CEO and chief geologist, are facing charges for allegedly 200 kg of waste material in the streams around the Yellow Giant gold mine, near Prince Rupert, B.C.

It’s not just oil – Canada’s potash industry is going through its own bust

A wave of overbuilding and production increases in recent years — spurred by a spike in crop prices and a perceived demand that didn't quite materialize — have left the market flooded with supply.

Lithium market small but complex

Every junior commodity market has its share of pretenders to go along with the contenders as prices and demand move up.

B2Gold gets fresh push after announcing at-the-market offering of up to $100M

B2Gold’s stock has gained almost 229% so far this year.

Here is how fertilizers drive food prices

Study shows that, in the long run, a doubling of fertilizer prices leads to a 44% increase in food prices.

US Securities and Exchange Commission asked to investigate Tahoe Resources’ failure to disclose secret lawsuits

Groups is asking the SEC to determine whether Tahoe failed to meet legal requirements for disclosing human rights abuses and lawsuits related to its Escobal mine in Guatemala.

Here is why these mining and metals companies left the TSX

Experts blame increased number of mergers and acquisitions, but there’s more to it, study shows.

Ivanhoe Mines’ DRC project likely Africa's top copper discovery shows fresh drilling results

Shares in the Canadian company were up more than 3.6% Thursday morning on the news.

Rockhaven discovers new gold zone and defines strong geophysical target at Klaza Project, Yukon

Rockhaven Resources Ltd. (TSX-V:RK) ("Rockhaven") is pleased to announce the first results from its 2016 exploration program at the 100% owned Klaza gold-silver property, located in the Dawson Range Gold Belt of southern Yukon.

Skeena to acquire Mount Rainey silver

The Porter Idaho Project has two known silver-bearing vein systems approximately 2,000 metres apart on opposite sides of Mt. Rainey with a surface portion of the intervening terrain masked by the icefield capping Mt. Rainey.

Wealth Minerals signs option agreement for copper deposits in Western Canada

The deal covers the Jesse Creek porphyry copper property, located north of Merritt, BC and is subject to a 2% net smelter return royalty reserved by the property owners.

Tahoe Resources soars on Q2 earnings

Stock rose 7.3% on Wednesday after the company announced Q2 results that beat expectations.

First Majestic Silver swings back to profit in Q2

The Mexico-focused miner has benefitted from an ongoing silver rally and even more so than many of its peers, as it chose not to diversify into other metals.

Mount Polley and Samarco: What can we do to reduce the chances of another tailings disaster?

Recommendations regarding better site investigation procedures, and stricter adherence to tailings management procedures are obvious steps in the right direction.

Ontario Steel goes after US Steel Canada

U.S. Steel Canada —formerly known as Stelco — has been operating under bankruptcy protection since 2014.

Diamond production down, sales volume up

According to the Zimnisky Global Rough Diamond Price Index, rough diamond prices have climbed 8.9% in the last 3 months.

Taseko may look into Gibraltar copper mine expansion after new claims acquisition

The news comes two weeks after Taseko revealed it was considering restarting the molybdenum circuit at Gibraltar mine, which has been idled since the third quarter of 2015 due to low metal prices.

Hatch congratulates De Beers and Mountain Province Diamonds on first diamonds at Gahcho Kué mine

Earlier this week, De Beers and Mountain Province Diamonds announced the Gahcho Kué processing plant has been commissioned and is producing first diamonds from the Canadian mine—the largest new mine currently under development in the world.

Plant revitalizes Canadian helium resource industry with pioneering Linde Membrane/ PSA technology

This first-of-its-kind helium purification facility uses a hybrid process of Membrane and PSA (Pressure Swing Adsorption) technology and promises to revitalize the Canadian helium resource industry.

Golden Predator commences 3 aces project phase II work program

The Phase II exploration program includes detailed soil sampling, detailed structural mapping, geophysical work, road construction, trenching, installation of a bridge, exploration drilling and bulk sampling.

Fort McMurray wildfires eat into Imperial Oil earnings

Imperial, Canada’s No.2 integrated oil producer and refiner, posted a surprise $181-million loss in its second quarter.

Canada invests $133 million in Tata Steel Quebec-Labrador iron ore project

Deal comes at a time of improved steel demand from China and mimics an effort by the UK government to rescue Tata Steel's Port Talbot operations to save jobs.

Suncor burned by wildfire damages and slump in oil production

The largest crude oil producer in Canada announced net losses of C$735 million after Alberta wildfires near Fort McMurray forced its oils sands operations to be temporarily suspended back in May.

Teck delivers surprise profit, stock surges

Systematic cost cutting has taken some strain off Teck's balance sheet over the last few years as metal prices have slumped.