The charge is related to the first exploration well of its joint venture in the Shelburne basin, south of Nova Scotia.
Canada Mining News
Gahcho Kué, a joint venture between De Beers Canada (51%) and Mountain Province Diamonds (49%), is expected to inject $5.2bn into Canada’s economy.
A new report by the Conference Board of Canada states that the Yukon’s economy is facing the bleakest near-term outlook in the country.
Natural Resources Minister Jim Carr has until Thursday to make a decision.
Montana's Department of Environmental Quality expressed concerns about the Black Butte copper project's potential impacts from tailings.
More than half of the world’s identified resources of the mineral are found in South America's "lithium triangle", a region where Canada's Wealth Minerals has been acquiring assets.
Seabridge Gold Inc. announced today the results of an updated Preliminary Feasibility Study (the “2016 PFS”) for its 100% owned KSM project located in northern British Columbia, Canada.
Operations returned to normal in all areas, excluding around the location where an accident occurred on September 10, 2016, while investigations continue.
The only way companies will cut costs and increase efficiency will be to embed digital technologies in every dimension of how mines are operated and managed, says Barrick Gold.
Sunset start clause for the pipeline tied to Petronas LNG project extended from June 2016 to June 2017
James Kwantes recently travelled to northern British Columbia to visit IDM Mining's Red Mountain property, a high-grade gold project in a region dubbed "The Golden Triangle" for its rich endowment of precious metals.
A World Conservation Congress’ motion urges the US government to prevent the granting of permits for large-scale mining.
The proposed operations, worth about $3 billion in potential investments, could add up to 95,000 barrels of oil per day to current output.
The energy company is making the move as an acquisition by Enbridge looms.
Peace Valley Landowner Association president calls court's decision on panel recommendations ‘scary.'
Out of 75 documented threats against nine designated natural and cultural sites, 23 belong to the "physical resource extraction" category.
The incident happened on Sep. 8, when a pipe carrying process solution in the heap leach area was struck by a large block of ice that had rolled down the heap leach valley slope, Barrick said.
The properties are located in the southern Chihuahua state.
De Beers, the world's biggest diamond producer, warns that many of the challenges affecting the industry last year are likely to continue over the next decade.
The Ity mine has produced more than 1.2 million ounces of gold in its over 20 years of operations and Endeavour is working on extending the mine life by at least another 10 years.
Klondex reaches positive production decision and updates reserves at historic mine near Bisset in Canadian province.
The goal is to apply the latest technology available to cut costs and bring additional value out of existing operations.
Fully permitted Eagle Gold mine will average 200,000 ounces per year for 10 years at all-in costs of just $638 an ounce.
The combined firm will be the world's largest crop nutrient producer and third largest natural resource company in Canada.
Prospect of another big oil sands mine in Alberta raises issues of growth and cap on emissions.