Canada Mining News

Regency Gold enters the vanadium exploration space

The interest behind its acquisition of all of Vanadium North Resources' shares is the Valley of Vanadium project in the Northwest Territories.

SNC-Lavalin bonds weaken as S&P cuts company to cusp of junk

The company said it failed to reach an agreement with a client in a dispute over a mining project in Latin America, prompting it to slash its profit forecast by more than 40% for the year.

Barrick Gold posts $1.2 billion quarterly loss, sees cost rising in 2019

The company pinned the cost increases partly on mining ending at its low-cost Cortez Hills open pit in Nevada in the first half of the year.

Teck misses Q4 profit estimates on lower copper, zinc and oil prices

Canada’s largest diversified miner saw its quarterly profit drop 41.5 % from the year earlier, amid lower prices for copper, zinc and oil.

Osisko cuts 9.15% Zn+Pb and 0.54% Cu at Key Anacon

Osisko Metals considers the exploration potential to be high both at Key Anacon and adjacent properties it owns.

GT Gold expands Saddle South mineralization

The target is on the company’s flagship Tatogga property near Iskut in British Columbia’s Golden Triangle.

North American Palladium ramps up exploration program

A minimum budget of $16 million is set, $10 million of which was raised by a flow-through share offering made in December.

Newcrest sells Côte d’Ivoire project to Canada’s Roxgold in $30 million deal

Roxgold believes the project has near-term development potential due to its Antenna deposit, which hosts an inferred resource of 5.8 million tonnes.

Trudeau cabinet minister quits amid SNC-Lavalin controversy

The statement doesn’t offer a reason for her departure.

Benchmark drills 52 g/t Au and 846 g/t Ag over 3 metres

Drilling at Dukes Ridge in 2018 returned a best assay of 52 g/t gold and 846 g/t silver over 3 metres within a larger interval of 33.52 metres that graded 5.8 g/t gold and 128.7 g/t silver.

Golden Predator shares first bulk sample results

The overall grade for the bulk sample is estimated to be 20 g/t gold.

Trudeau faces ethics investigation over SNC-Lavalin case

“Again, all we’ve heard are allegations in a newspaper. The prime minister has said that these allegations are false.”

Pure Gold Mining releases feasibility on Madsen in Red Lake

Madsen is one of the highest grade undeveloped gold deposits in the world.

Vancouver miner to partner with Zijin for gold project in the Kyrgyz Republic

The project encircles the Taldybulak Levoberejnyi Mine, which was recently built by Zijin and contains 3.2 million ounces in reserves and resources at a grade of 7.2 g/t.

Northern Graphite to increase Bissett Creek’s production by 20%

The increase would mean integrating an initial production rate of approximately 25,000 tonnes per year into its development plans.

SNC-Lavalin issues new profit warning on Latin America mining contract

SNC didn’t identify the project but analysts are pointing the finger at a copper mine run by Codelco, Chile’s state-owned producer.

World’s top uranium miner Cameco in no hurry to resume production

The company says it has seen a significant improvement over the past year, with prices up about 20%, but believes conditions are not where they need to be to restart idled capacity.

SolGold seeks support from Cornerstone's shareholders in bid for Ecuador project

SolGold is frustrated at the rejection of its planned bid for Canadian firm Cornerstone, which holds 15% of the Cascabel copper-gold project in Ecuador.

Genesis receives encouraging resource estimates for Quebec gold project

Indicated resource is 423,000 ounces of gold averaging 1.22 g/t Au.

American Manganese moves forward with plans to recycle lithium-ion battery materials

Together with an industry partner, the company built a pilot plant to recycle cobalt, nickel, manganese, and aluminum.

Osisko Mining owns the world's best drill intersection of 2019

Windfall gold project in Quebec tops list and Global Atomic Corp's uranium project in Niger comes in second.

UEX eyes 2.94% Co and 2.08% Ni drilled over 4.5 metres at West Bear

Other assays were positive as well.

Troilus launches 40,000-metre drill campaign

Two phases are planned to de-risk and expand on the current resource report last November.

Bulk sample yields 13,300 ounces gold from Wallbridge’s Fenelon

Wallbridge has plans to start its 2019 drilling program in mid-February.

Balmoral extends known depth of Grasset deposit in Quebec

The junior explorer reported this week that Grasset’s H1 zone has now been intersected for 1,140 metres along strike.