Canada Mining News

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.

Lundin Mining grabs Brazilian mine from Yamana in $1B deal

The Chapada copper-gold mine, in the northwest Brazilian state of Goiás, began production in 2007 and is expected to churn out about 54,500 tonnes of the red metal and 100,000 ounces of the precious one this year.

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%.

Newmont-Goldcorp $10B merger to close this week

Deal creates the world’s largest gold producer by market value, output and reserves.

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

The miner maintains production guidance for 2019.

Polish parliament’s lower house approves 15% cut to copper tax

If rubber-stamped by the senate, the move would give state-run KGHM a bit more room to breathe, as the miner has been struggling with rising costs, falling copper prices, technical problems and higher-than-expected capital spending in the past years.

Mining Association of BC names new President and CEO

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

Troilus Gold makes $12m share offering

Net proceeds from the offering will be used to continue exploration and definition drilling at the Troilus gold-copper project.

Mountain Province stock takes off on 74% diamond resource increase

The updated inferred mineral resource at Faraday 2 highlights 5.45 million carats of diamonds, a hefty 74% increase over its 2017 estimate.

Newmont shareholders overwhelmingly approve $10B Goldcorp takeover, creating world’s top gold miner

Deal creates the world’s largest gold producer by output, robing Barrick of its recently cemented supremacy.

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.

First Cobalt targets Canada plant restart within 2 years — CEO

The company is reportedly in talks to supply its battery-grade product to four leading automakers.

Copper producer KGHM may freeze more mines in Canada, US – CEO

KGHM's foreign assets have struggled with rising costs, falling copper prices, technical problems and higher-than-expected capital spending.

Vancouver gold junior bounces on Golden Triangle drill results

Benchmark Metals has released additional assay results from its Lawyer's gold and silver project.

Canada Trans Mountain Pipeline financials provide few clues on actual price tag and future costs

The controversial Trans Mountain Expansion Project is structured in a way that makes it difficult to determine how much Canadian taxpayers are paying now and will pay in the future.

Carube Copper eyeing Nova Scotia's gold

The Toronto-based miner acquired 300 mineral claims covering the Stewart Brook gold project area in Guysborough County.

SolGold scores again at Cascabel project

The miner has found further mineralization at its Cascabel copper-gold project. Cascabel is believed to have the potential to become one of the largest copper-gold assets ever discovered.

Frontier Lithium shows depth at Spark pegmatite

The company recently drilled 1,340 metres across five holes at the Spark pegmatite zone, part of its PAK lithium project in Ontario. All five holes intersected significant spodumene pegmatite.

Great Bear goes home with NWOPA discovery trophy

The company's exploration team has won the Bernie Schnieders Discovery of the Year Award for finding high-grade gold zones at its Dixie property.

The pipeline Canada doesn't know

World’s largest CO2 pipeline is being built in Alberta, but underground sequestering of carbon gets little love from governments.

Purepoint completes initial fieldwork at Hook Lake

The project lies on the southwest edge of the Athabasca Basin in the Patterson uranium district.

Stornoway Diamond halts open pit operations at Quebec mine

The Montreal-based diamond producer said the move would not have an impact on total revenue for 2019.

Centerra, Premier Gold get drilling at Ontario project

Development envisions an open pit gold mine that could be in production for almost 15 years.

De Beers diamond sales hit highest level since mid-2018

The world’s top diamond producer by value sold  $575 million in its third sales cycle of this year, the highest since the fifth cycle of 2018, when it recorded $581 million.

Harte Gold completes feasibility study on Sugar mine

The study demonstrated a post-tax net present value at a 5% discount rate of $266.9 million.