Canada

More than a dozen short-term repairs, plans await Mount Polley remediation: report

Business in Vancouver | November 24, 2014
Canada’s Mount Polley disaster: experts warned tailings pond 'getting large'

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…….

Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

Cecilia Jamasmie | November 19, 2014
Cliffs mulls closing Bloom Lake iron ore mine for lack of buyers

Closing the mine will cost $650 million to $700 million over the next five years.

Michael Torrance - Norton Rose Fulbright

What you need to know about the Canadian government's corporate social responsibility initiative

corporate social responsibility mining norton rose

Being eligible for “enhanced Government of Canada economic diplomacy.”

Uralkali stock plummets on evacuation of potash mine

Cecilia Jamasmie | November 18, 2014
Uralkali stock plummets on evacuation of potash mine brine inflows

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.

Potash Corp. receives consensus recommendation of "hold" from brokerages

Ticker | November 18, 2014

Thumbs up from the nineteen ratings firms that are presently covering the stock.

Stans mining licence rightfully acquired — Kyrgyz Supreme Court

Cecilia Jamasmie | November 18, 2014
Withdrawal of Stans licence is illegal — Kyrgyz Supreme Court

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.

Blood diamonds still at Central African mining sector’s heart

Cecilia Jamasmie | November 18, 2014
Blood diamonds still at Central Africa mining sector’s heart

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.

Iron ore price crashes 4%

Frik Els | November 18, 2014
Iron ore price crashes 4%

Drops to June 2009 levels on the way to $70 a tonne after Chinese house prices fall for sixth month in a row.

Only 38 pct of aboriginal Canadians have a favourable perception of mining

PR Associates | November 18, 2014
suvey of aboriginal perception of mining

About 1,200 Aboriginal communities are located within 200 kilometres of approximately 180 producing mines.

Cecilia Jamasmie

Final decision on Keystone XL pipeline may end up in Nebraska’s hands

Cecilia Jamasmie | November 17, 2014
Final decision on Keystone XL pipeline may end up in Nebraska’s hands

While most senators support the pipeline, a binding vote has not been held in the Senate under a Democratic majority since 2012.

Osisko to buy Virginia Mines for $424m, merge gold assets

Cecilia Jamasmie | November 17, 2014
Osisko to buy Virginia Mines for $424m, merge gold assets

The friendly deal creates a tMontreal-based gold-royalty company with a market capitalization of about $1.15 billion (Cdn$1.3 billion).

Mothballed Jericho diamond mine floats in legal limbo

Nunatsiaq News | November 17, 2014
Owners of Nunavut's first and only diamond mine nowhere to be found

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.

‘Sluggish Q4’ ahead with persistently weak metal prices – EY

Mineweb | November 16, 2014

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.

Obama blasts Keystone as U.S. House votes in favour of approving it

Cecilia Jamasmie | November 14, 2014
Obama blasts Keystone pipeline ahead of vote on potential approval

Veto likely if passed by Congress.

First point minerals intersects broad zones of magnetically recovered nickel in drilling at Mich property in Yukon

First Point Minerals Corp. | November 14, 2014

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 Moves Ahead with Large Airborne Geophysical Survey

Canada Zinc Metals Corp. | November 14, 2014

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 seen growing at slowest pace in 5 years after oil prices plunge

Bloomberg | November 14, 2014
Alabama explores potential of tapping into its oil sands reserves

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.

Canadian miners performance down 15% in Q3 on falling metal prices

Cecilia Jamasmie | November 13, 2014
Canadian miners performance down 15% in Q3 on falling metal prices

Decline was in line with S&P/TSX Composite index, which also plummeted 15% during the quarter.

Barrick names new executive director for Pascua-Lama

Cecilia Jamasmie | November 13, 2014
Barrick names new executive director for Pascua-Lama

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 reports completion of 2014 Sunny Lake DSO drilling program and positive initial assay results

Century Iron Mines Corporation | November 13, 2014

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.

UEX's Lemaitre talks blue chip junior strategy: exploration excellence

The Energy Report | November 12, 2014
uranium one

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.

Ucore uses molecular recognition technology to generate 99%+ pure heavy rare earth concentrate

Newswire | November 12, 2014

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).

Barrick to push ahead with Pascua Lama, ‘no margin for error’

Cecilia Jamasmie | November 12, 2014
Barrick to push ahead with Pascua Lama, ‘no margin for error’

Finishing the project would take time and around $4 billion more of what Barrick has already invested.

Canada injects $300m in Chile’s copper giant Codelco

Cecilia Jamasmie | November 12, 2014
Canada injects $3m in Chile’s copper giant Codelco

The world’s biggest copper producer will, in turn, procure goods and services from Canadian companies.

Jack Lifton: Innovation is the key to rare earth independence

The Mining Report | November 11, 2014
rare earth mining

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.

Weak oil price, currencies helping miners stay afloat

Frik Els | November 11, 2014

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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