Canada Mining News

Authorities to assess unwanted potash deposit in Canada's New Brunswick

Province wants to assess the remaining potash resource, if any, near the now closed Penobsquis mine.

Workers raise concern over K+S Potash Legacy mine road

K+S is responsible for the maintenance on the road, and they acknowledge that there are issues.

Kaminak takeover, gold bull bucks Yukon into spotlight

What a difference 9 months makes.

Goldcorp buys gold junior Kaminak for $520 million

Deals gives Goldcorp access to Kaminak's Coffee project, one of the most promising undeveloped gold projects in Canada.

Enbridge back in the black as oil shipments rise

Canada’s largest pipeline company's first-quarter profit rose as record volumes carried on its main pipeline system helped shield it from a sustained drop in oil prices.

NWT premier 'pleasantly surprised' by exploration season

Attracting new investment.

Intrepid Potash idles US mine, lays off hundreds

The Denver-based potash miner is placing its West facility in New Mexico in "care and maintenance” beginning July.

Kinross Gold reports first-quarter loss but tops expectations

The Canadian miner posted a loss of $13.9 million in its first quarter.

BC mining industry faced another difficult year with continued downtown in commodity prices: PwC survey

Despite challenging market conditions some projects are forging ahead in the Canadian western province.

Heart of Canada’s oil sands industry saved from fire's worst

Companies and authorities now discussing plans to resume production.

Canadian gold companies shining bright in 2016

Gold prices start the week off down, but are expected to pick up soon again.

Lucara’s Constellation diamond sells for record $63 million

The record sale is likely to ramp up speculation about how much a second Lucara diamond — the "Lesedi la Rona" — will fetch at auction next month.

Production at giant Arctic diamond mine just weeks away

Gahcho Kué, the world's largest new diamond mine under development, is now 94% complete with first production planned for the second half of this year.

Eldorado Gold to restart construction of Skouries mine

Greek authorities have finally approved an updated technical study for the project, which clears the way for the proposed mine.

Auditor General finds huge flaws in BC mining – First Nations offer solutions

BC’s First Nation’s Women Advocating Responsible Mining (FNWARM) today called on BC Mines Minister Bill Bennett to work with First Nations to address the damning failings of the province’s mine monitoring, and massively underfunded liabilities for mine accidents and polluting abandoned projects.

Rio Tinto goes ahead with $5.3 billion expansion of Oyu Tolgoi

Construction of the massive mine's underground portion will begin within months, with first production expected by 2020.

Canadian crude prices surge as fire hits Shell, Suncor output

The worst wildfire in Alberta history is boosting Canadian crude prices as oil companies evacuate workers and shut in as much as 1 million barrels a day of output.

The state of the global diamond industry going into summer 2016

As April 2016 concludes, the diamond industry has without question improved relative to a year ago, however, current industry data and commentary paints a mixed picture as to whether market fundamentals have in fact stabilized […]

Silver demand hit record high in 2015

So did production – all time high of 887m ounces.

World’s second-largest diamond ever found could fetch over $70M

The rock, known as “Lesedi La Rona”, was unearthed in November in Botswana at a mine owned by Canada's Lucara Diamond.

Oil companies offer assistance to residents affected by Fort McMurray fires

Oil companies are reducing production to allow families to evacuate.

Canada’s oil sands cuts production as wildfire forces mass evacuation

The fire is the latest blow to a community already hit by slumping oil prices that have forced producers to halt projects and lay off hundreds.

Why 11 of the largest gold funds and majors are all invested in this junior gold company

IDM Mining, led by Robert McLeod, is the little engine that could.

Centerra Gold announces results, first quarter dividend

The company's gold production for the year is expected to be between 480,000 to 530,000 ounces.

BC Auditor General: Mines ministries failing to protect environment

Canadian taxpayers could be on the hook for up to $1 billion in unfunded liabilities for mine remediation.