A tailings berm breached during the Mount Polley mine disaster has yet to be repaired to the point it can withstand the arrival of water…….
Closing the mine will cost $650 million to $700 million over the next five years.
Being eligible for “enhanced Government of Canada economic diplomacy.”
The world’s largest potash supplier had to evacuate workers from its Solikamsk-2 mine in Russia’s Perm region due to an increase in brine inflow.
Thumbs up from the nineteen ratings firms that are presently covering the stock.
Stans acquired a 20-year mining license for the past-producing Kutessay II rare earth mine in December 2009, but a local company had claimed being the rightful owner of such permit.
A year after an export ban on raw gems in the country, reports show its diamonds are being sold to traders from Sudan to Belgium.
Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.
About 1,200 Aboriginal communities are located within 200 kilometres of approximately 180 producing mines.
While most senators support the pipeline, a binding vote has not been held in the Senate under a Democratic majority since 2012.
The friendly deal creates a tMontreal-based gold-royalty company with a market capitalization of about $1.15 billion (Cdn$1.3 billion).
The fate of Canada's Jericho diamond mine —declared by Ottawa to be “closed or abandoned” in January 2014— seems no clearer today than it was a year ago.
Canadian mining equities suffered in the third quarter due to a fall in metals prices, especially gold prices, as a result of a strengthening U.S. dollar, said EY.
Veto likely if passed by Congress.
First Point Minerals Corp. (FPX-TSX) ("First Point" or the "Company") is pleased to announce results from its first diamond drilling campaign at the 100%-owned Mich nickel-iron alloy ("awaruite") property, located 55 kilometres southeast of Whitehorse in the southern Yukon Territory.
Canada Zinc Metals Corp. is pleased to announce that the planned airborne geophysical survey for the Akie and select Kechika Regional properties has commenced. The helicopter-borne FALCONTM gravity gradiometry survey is being flown by CGG of Mississauga, Ontario.
Alberta, which derives a quarter of its economy from the oil sands and other energy resources, is poised to grow at the slowest pace in five years as crude prices slump.
Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.
The news come only a day after the project executive director in Chile, Eduardo Flores, told local media that Barrick was hopeful it could find a way forward with the long-delayed mine.
Century Iron Mines Corporation (“Century” or the “Company”) is pleased to announce positive assay results for the first two batches of samples from its 2014 drilling program (the “Drilling Program”) at the Sunny Lake Properties, which are located about 50 kilometres northwest of Schefferville, Québec.
After losing half of its value, the spot price of uranium has in recent weeks risen from less than $30 per pound to $42 per pound. Roger Lemaitre, President and CEO of UEX Corp., is pleased but not surprised, as a supply shortage looms, and sanctions against Russia are spooking utilities.
The >99% pure HREE Concentrate is a carbonate salt rare earth concentrate ("REC") comprised of heavy rare earths ranging from samarium (Sm) through lutetium (Lu).
Finishing the project would take time and around $4 billion more of what Barrick has already invested.
The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.
Centralized modern processing could make it possible for mining companies in the United States, Europe and Australia to start producing truly critical materials with small capex.
A simple rule of thumb is that price changes have a two-to-one impact on the bottom line, while cost changes have a one-to-one impact.
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