Canada Mining News

Canada’s mining industry backs national carbon price

The country's largest mining companies recommend a broad-based carbon price applicable to all sectors of the economy.

Lucara revenues for first exceptional tender exceed US$51 million

The 10 diamonds, found at the Karowe mine in Botswana, were sold for gross revenues of $33,632 per carat.

A Canadian gold explorer with skin in the game

Can the team behind Richfield Ventures' $500-million sale to New Gold do it again?

Canada-Chile lithium project in Argentina to begin operations in 2019

The Cauchari-Olaroz project, in northern Argentina, is forecast to initially produce 40,000 tonnes of lithium carbonate equivalent a year.

Tree-top sampling program may help uncover new mineral deposits in B.C.

Geoscience BC is looking at whether concentrations of trace amounts of metals found in trees could lead prospectors to the next big mineral discovery.

Endeavour Mining begins construction of new African gold mine

The Hounde project, in Burkina Faso, is forecast to produce about 1.9 million ounces of gold over a 10-year mine life.

Imperial Metals recalls half of all workers laid off from Huckleberry mine

Imperial said the 44 recalled workers will focus on tailings dam construction.

Top 10 copper producing countries

Peru's output surges, North American producers slip down the rankings and Chinese mines shut down.

Nunavut Impact Review Board objects new diamond project

Based on comparable widths and grades, Dunnedin Ventures' Kahuna project has similarities with DeBeers’ Snap Lake.

Nautilus Announces Closing of Rights Offering

Net proceeds from the rights offering will be used by the Company to advance the construction and development of the Company's Seafloor Production System and for general working capital requirements.

Lundin biding time to complete mining portfolio with more deals

The company recently offered as much as $262.5 million to buy a stake in Freeport-McMoRan Inc.’s Timok copper and gold project in Serbia.

Canada unveils final anti-corruption law for the extractive sector

Estimated to cover the nearly 2,000 natural resource companies whose businesses are registered in Canada or trade on Toronto’s stock exchange.

Alberta shuts oil sands environmental monitoring agency

After report concluded the program was a “failed experiment.”

Energy conservation programs in Ontario may cost much more than they’re worth

Ontario taxpayers and ratepayers have doled out billions of dollars in energy conservation subsidies over the decades with no verifiable evidence that conservation programs actually save consumers money, finds a new study released today by the Fraser Institute

Centerra Gold announces US$150M financing for Oksut project

OMAS will use the Facility to finance a substantial portion of the construction, development and operation of the Öksüt gold mine and its related infrastructure in the Kayseri region of central Turkey.

Canadian miners need stronger oversight abroad: Liberal MP McKay

The politician is calling for stricter oversight of mining companies abroad after a New York Times front-page story over the weekend shone a spotlight on a Canadian mining company accused of serious crimes in Guatemala.

De-carbonizing our energy sector

Nuclear energy currently provides around 11 percent of the world's electricity.

Vancouver junior off to the races on Red Lake drilling

Latest high-grade intercepts for Pure Gold Mining at northwest Ontario property supports "geological re-interpretation".

A revival takes shape in BC's Golden Triangle

This is a story about past, present and future in a mineral-rich corner of the North American continent.

TransCanada shuts Keystone pipeline after leak in South Dakota

The Keystone pipeline carries oil south from Canada through eastern North Dakota, South Dakota and Nebraska.

Tahoe Resources provides new 2016 guidance, after Lake Shore acquisition

The company has emerged as a new leader in the precious metals sector with a well-diversified, Americas-based operating platform, a strong balance sheet and an attractive growth profile.

INFOGRAPHIC: Receding Arctic ice unlocking fathomless mineral resources

If you don’t mind frost and cost.

The uranium shakedown: How Mongolia and Russia conspired against western investors (Part 3 of 3)

In the final part of our probe into the curious case of Khan Resources, we review events leading to the seizure of the company’s Mongolian assets and its chairman’s unusual death in an Ulaanbaatar hotel.

The uranium shakedown: How Mongolia and Russia conspired against western investors (Part 2 of 3)

In the second installment of the curious case of Khan Resources, we explore the company’s turbulent history in Mongolia and document a deal with Russia’s leadership to swap its uranium mines for hundreds of millions of dollars in aid and debt forgiveness.

Canadian police warn of new scam targeting out-of-work miners

Red Maple Mining hoax has been popping up in a classified ad on the website Kijiji, Ontario officers say.