Canada Mining News

Canada's gold miners to embrace green energy to control costs

Expected increased in the adoption of alternative energy sources by the country's gold sector to be boosted by recently passed regulations, such as the carbon tax.

Erdene new gold zone at Mongolia Bayan Khundii project larger than expected

Bayan Khundii project went from greenfield prospect to being Erdene’s flagship asset in roughly nine months.

Poor uranium market conditions push Paladin Energy into restructuring

Proposed refinancing comes after Paladin failed to sell a 24% stake in its Langer Heinrich mine to China National Nuclear Corporation (CNNC), which was expected to fetch $175 million.

World’s top uranium producer Kazakhstan to cut output by 10%

Analysts qualified the move as a “game changer.”

Canadian oil sands producers could fetch up to $15 more per barrel with this technology

The adoption of a“partial upgrading” technology could bring in hundreds of millions of dollars into Alberta's economy, a new study claims.

Canada’s Filo Mining injects $7M into copper-gold-silver project on Chile Argentina border

The Vancouver-based company plans to complete 6,000 metres of additional drilling at Filo del Sol, its flagship project.

Vancouver junior surges after Goldcorp injection

Auryn Resources will use the C$41 million for 55,000m of exploration drilling across six gold-copper-silver projects in Canada and Peru this year.

Osisko Gold back to its roots, sells stake in Labrador Iron Ore

The move comes less than two years after the Montreal-based firm decided to add exposure to the steelmaking raw material by grabbing a stake in the fellow Canadian iron ore company.

Tanker carrying bunker fuel runs aground off Nova Scotia 

A small tanker carrying bunker fuel ran into trouble off the Eastern Canadian coastline, but it appears that a disaster has been averted.

Eldorado Gold output slightly below target, shares fall

Company has decided to reconfigure the plan for its Turkey-based Kışladağ mine, which is its flagship operation.

Canadian Natural Resources fined $10,000 following 2007 accident that killed two

Two workers were killed and five were injured when cables holding up a roof support structure snapped at an Alberta oil sands project in 2007.

Encanto Potash up on offtake deal with Indian co-op

Agreement paves the way for Encanto to move from a previously announced memorandum of understanding to a commercial marketing and distribution contract with MTTC, one of the world’s top potash buyers.

Tree leaves and termites may be key to finding gold deposits

Australian researchers say acacia trees and termites that thrive in arid climate conditions can guide explorers towards rich gold deposits.

Copper to be best performing commodity of 2017 — analysts

Experts and industry actors interviewed by MINING.com see prices picking up this year, driven by declining supplies and the prospect of increased demand coming from construction, electric vehicles and other renewable technologies.

SLIDESHOW: Mining on the mend – 2016 year in review

The global mining industry rebounded from multi-year lows in 2016 – MINING.com's most popular posts of the year tell the story.

De Beers quits search for diamonds in Saskatchewan 

The world's largest diamond company has been exploring for kimberlites north of the decommissioned Cluff Lake uranium mine.

B.C. coal mine to restart, hiring back 200+ workers

Last fall, Conuma put 170 coal miners back to work at the Brule mine. The company is now busy hiring back another 220 miners at the Wolverine mine.

Gold mining stocks in huge rally

With brighter outlook for gold price, investors pile back into sector – Barrick surges to seven-week high in heavy volume.

CHART: Trump devastates top gold mining stocks

Despite a mini-rally on Friday, the world's top 12 gold producers have lost a combined $19 billion in value since November 8.

An uptick in Brucejack resource estimates bodes well for Pretium Resources

On Dec. 15, Pretium Resources Inc. (PVG:TSX; PVG:NYSE) released an updated reserves estimate for its flagship Brucejack project in northern British Columbia.

AuRico Metals snaps up prospect generator Kiska Metals for CAD$9.6 million

Aurico Metals (TSX:AMI) has added to its royalty portfolio and flagship B.C. asset through the acquisition of Kiska Metals Corporation (TSXV:KSK).

The world’s mineral industry meets at PDAC 2017

“ Canada is looked to as a leader in mineral exploration and development,”

Innovative Canadian exploration company on the move to discover high-grade zinc, gold and copper

When a mineral processing plant runs out of ore near by, its days are numbered. The capital equipment often becomes nothing more than a tax write-off. The businesses and people that depend on servicing the plant suffer. The continent is littered with ghost towns from booms that went bust.

Idled Canadian iron ore mine charged with $30K fine over pollution

Mining company will be added to the country’s Environmental Offenders Registry.

IDM Mining signs LOI to sell Yukon portfolio to Strikepoint Gold

IDM Mining Ltd. is pleased to announce that it has entered into a non-binding letter of intent to sell IDM’s extensive portfolio of properties located in the Yukon to StrikePoint Gold Inc.