Canada Mining News

K+S Potash, Ducks Unlimited in $2.8 million project to protect wetland in Saskatchewan

K+S Potash Canada (KSPC) has committed over $2.8 million in funding for wetland conservation through an agreement with Ducks Unlimited Canada (DUC) to ensure wetlands affected by the Bethune mine are offset through the restoration and preservation of wetlands across Saskatchewan.

Osisko Gold grabs Orion’s metals portfolio in $1.13 billion deal

Acquisition will help the Canadian company expand its diamond, gold and silver asset base.

Most potash shipped through Thunder Bay in a decade

According to the Thunder Bay Port Authority, 134,000 tonnes of potash crossed its docks into ships en route to ports in Brazil and Europe.

Gensource confirms the future of potash production with one feasibility study

Gensource Potash’s feasibility study (FS) was largely in line with its preliminary economic assessments (PEA), validating the robust economics of Vanguard 1.

New gold mine in Timmins by 2018: Gowest CEO

Timmins could see the start of another gold mine by 2018 according to the CEO of mine developer Gowest Limited (TSXV:GWA).

New BC government could jeopardize Canadian oil exports

The upcoming change in British Columbia’s government could stall the Canadian oil industry’s plans to compete globally by exporting crude to Asia—the world’s fastest growing refining market of which Middle Eastern producers, Russia, and now the U.S. are vying for market share.

Mountain Province Diamonds jumps 11.4% on 53- and 84-carat finds

TSX and NASDAQ-listed company said it unearthed two gems, one at 53.9 carats and the other at 84.65 carats, from Gahcho Kué in April.

New PEA supports Richmont's plan to mine deeper at Island gold mine

Richmont Mines (TSX:RIC) wants to go deeper in search of gold at its Island gold mine in northeastern Ontario, and now has a business case to back that up.

Successful partnership makes fly-in/fly-out easier

Managing large-scale camps in remote locations involves balancing complex components across various systems.

The new bull market of 2017

The longer that the SPX is inside a ‘consolidation pattern’ and going sideways, the bigger the ‘Break Out’.

Second round of hearings for Nunavut gold mine rejected by review board kicks off

The four-day review that begins today marks the first time in 20 years the NIRB has been asked to reconsider a decision on a project and go through another review process.

Eagle Plains begins fieldwork on Orchid gold project, Saskatchewan

Project is located 120km east of La Ronge, and 70km south of Silver Standard Resource’s Seabee Gold Operation.

Kinder Morgan Canada falls in trading debut on concerns over Trans Mountain project

Construction of the $7.4 billion project is scheduled to begin in September and should be completed by December 2019.

Diamcor just found this rare green diamond at S. Africa project

The rock, a 5.36-carat green gem quality octahedron rough diamond, was unearthed at the company's Krone-Endora project, located next to the world’s third largest diamond mine.

How much gold would buy you a home in Toronto?

Toronto homes aren’t that expensive, if you pay in gold.

Strike at Barrick’s Veladero mine suspended

Union at Barrick's troubled operation, Argentina's largest gold mine, says strike will resume if there's no deal after two weeks of talks.

Goldcorp moving ahead with Coffee Gold mine project near Dawson City

A Yukon gold mine project that's attracted national attention is gearing up now that thousands of planning documents have been submitted to Yukon's environmental assessment board for public scrutiny.

Plan to restart Bloom Lake Mine gets $40M boost + offtake

The Bloom Lake Mine's new owner earlier this month announced new cash for upgrades to the shuttered operation and an offtake agreement with a Japanese trading company to receive iron ore for steelmaking if the mine gets back into commercial production.

From Yukon to Patagonia, gold explorers stir after sleep

Outbreaks of gold-rush fever are popping up as bullion markets stage a tentative recovery.

World’s largest gold miner hit by Tanzania export ban

Barrick's comments come on the heels of a report published this week, which claims its Tanzanian subsidiary has been under-reporting the amount of metal in its shipments to evade taxes.

Panel looks to overhaul Canadian oil and gas project approvals

Only after a project got a conditional yes or no from the federal government would it enter a two-year environmental review.

Workers block access to First Majestic’s La Encantada mine in Mexico

Company said blockade was in response to a recently announced bonus offer in lieu of profit sharing.

Shell speeds up exit from oil sands, selling stake in Canadian Natural Resources

Transaction could become one of the country’s one of the biggest-ever equity sales.

Tanzania outs mining minister over alleged collusion with companies to evade taxes

Shares in gold producer Acacia Mining, one of the firms accused of eluding taxes, fell by more than 18% to 18% to 355.70 pence on the news.

China’s Zijin pays off stake in Ivanhoe’s Congo copper project

Ivanhoe Mines and Zijin each hold now an indirect 39.6% interest in the Kamoa-Kakula project, thought to be Africa's most significant deposit of the red metal ever found.