Canada Mining News

Alaskans asked for feedback on one of the world’s largest gold projects

The public is being asked to review and provide feedback on Donlin’s reclamation and closure plans.

Miramont's project in Peru may affect Indigenous communities

The company was deemed not eligible for an automatic approval of its drilling permit for the Cerro Hermoso project.

Vale to double exploration spend in Sudbury area

Vale’s Sudbury Operations will spend $42 million on exploration in the Greater Sudbury Area, doubling the company's exploration spend from a year ago.

Tesla's battery maker suspends cobalt supplier amid sanctions concern

Panasonic said it was unable to determine how much of the cobalt used in batteries it makes for Tesla cars comes from Cuba.

Equinox sells Koricancha mill in Peru to Inca Gold in $12.4 million-deal

Koricancha is located about 50km from Inca One’s own processing facility and the potential to produce 50,000 to 75,000 ounces of gold a year.

Paulson & Co to ask Detour Gold for special meeting for board overhaul

Paulson & Co has threatened to replace Detour's board if it does not successfully explore strategic alternatives, including a sale, and look for a new chief executive.

De Beers buys Canada’s Peregrine Diamonds for $81 million

Canadian firm is the sole owner of the Chidliak diamond project in Nunavut.

Miners wrote off almost one-third of investments over last decade

From the $939bn invested in major projects between 2008 and 2017, the world’s top 40 mining companies by market cap. wrote-off $273bn or 29% of the initial capital outlay.

UPDATED: Paulson plans to replace Detour board, explore sale of company

Major is interested in acquiring Detour.

Trade war spills into uranium as U.S. weighs import tariffs

The Trump administration began an investigation into whether uranium imports threaten national security, a move that may lead to tariffs on the nuclear power plant fuel.

Lincoln Strategic International expands operations to Africa – Charles Matthews to lead

Lincoln Strategic International announced today the expansion of its service offerings with the launch of LSI Africa, which addresses the human capital acquisition and management issues faced by mining companies, project consultants and investors in Africa

GoGold reports parral production and sales for Quarter ending June 30, 2018

Go Gold announces sales of 382,150 silver equivalent ounces for the quarter ended June 30, 2018, which was an increase of 34% over the previous year.

Lakes, rivers near abandoned mine sites likely source of antibiotics

Canadian researches came to such conclusion after spending years examining waterbodies located within five kilometres of abandoned mine sites.

McEwen Mining reports Q2 2018 production results

McEwen Mining Inc.reports consolidated production for Q2 2018 of 36,959 gold ounces and 772,432 silver ounces, using a 75:1 gold to silver ratio.

Wheaton buys all gold, some palladium from Sibanye US mines

Streaming deal involves production from Sibanye's Stillwater and East Boulder mines, located in Montana.

The odds are stacked against gold juniors like never before: Abitibi Royalties CEO

"As much talk as there has been about technology, we have not seen a game-changing technology since the 80s such as heap leach or autoclave," says Ball.

Miramont expands Peruvian project but can't drill just yet

The Canadian miner plans to acquire the rights to the Milenos 32 concession adjacent to its Cerro Hermoso project in Peru.

MGX, Belmont set lithium joint venture in Nevada.

Canadian junior MGX has entered into an option agreement to earn into the Kibby Basin lithium brine project, in Nevada.

Barrick clips 2018 copper production outlook, sees higher costs

Canada's Barrick Gold Corp lowered its full-year copper production forecast on Wednesday while increasing its cost estimates, saying the change reflected operational challenges and planned work at its Lumwana mine in Zambia.

Ecofiscal Commission urges Govt’s to make environmental disasters less likely by closing gaps in policy

Responsible Risk: How putting a price on environmental risk makes disasters less likely.

Eldorado gold announces appointment of executive vice president and chief financial officer

Eldorado Gold Corporation ("Eldorado" or "the Company") today announces the appointment of Philip Yee as Executive Vice President and Chief Financial Officer.

Experts come up with plan for protecting deep-sea life from mining

An international group of researches have recommended 18 quantitative metrics that regulators can use to assess seabed mining projects.

Suncor says Syncrude oilsands project to return to full production in September

Suncor expects pipeline shipments from its Syncrude oil sands project to be about 60 per cent to 70 per cent of total capacity in August.