Canada Mining News

M2 Cobalt advances exploration at Uganda mine

The Vancouver junior mobilized a second drill rig and commenced drilling at two targets of its Bujagali mine.

Acacia Mining ends earn-in deal with Sarama in Burkina Faso

Acacia chose to divest of South Houndé as part of an ongoing review of its exploration portfolio, to focus on core projects.

Canada’s Gahcho Kué mine to produce up to 6.9M carats in 2019

Gahcho Kué is Canada’s newest diamond mine and the world’s largest in the last 14 years.

BHP unveils world-class copper find near Olympic Dam in South Australia

It is already being called by some experts “the thickest high-grade copper intersection seen in years.”

Macassa No.4 headframe rises over Kirkland Lake

The skyline of Kirkland Lake changed recently when the 65-metre-tall concrete headframe for Kirkland Lake Gold’s new Macassa No.4 shaft was slip formed in just 10 days.

Appia drills high grade TREO at Alces Lake

The property, east of Uranium City, returned 10.02% TREO by weight over 3.55 metres.

Seabridge Gold closes $14m private placement

The proceeds from the financing will be used to fund general working capital requirements and a 2019 drill program at the company's Snowstorm Project located in Nevada.

Capstone Mining mulls selling stake in Chile-based copper-iron project

Over its almost 18-year mine life, Santo Domingo is expected to produce an average of 134-million pounds a year of copper, 4.2-million tonnes a year of iron concentrates and 17,000 annual ounces of gold.

Nova Scotia miner starts drilling in Mali

Roscan's Kandiolé project is located in the gold prospective Birimian Rocks of West Mali.

Goldcorp and IBM find way to improve predictability for gold mineralization

The companies launched 'IBM Exploration with Watson' in Canada.

Aecon sells contract mining business to North American Construction Group for C$199m

The closing is effective November 23, 2018. 

BTU acquires more land around Great Bear’s Dixie

BTU Metals has expanded its Dixie Halo gold project in Red Lake, Ontario, by acquiring Burgudy Exploration and its 41.6 sq. km of prospective land in the area.

Gold mines to inject new life into Canada’s far north

Economic growth in Yukon and Nunavut is expected to surpass the rest of Canada due to new mine construction.

Galantas Gold shares soar after court confirms Irish mine consent

A judge ruled that an appeal brought forward by a local resident had failed and confirmed planning consent for an underground gold mine.

Tin pioneer Kay Nimmo named in Top 100 Women in Mining

Nimmo was selected for the Top 100 listing based on criteria such as perseverance in the face of adversity and a trail-blazing approach.

Significant boost to Canada’s mining sector competitiveness

The 2018 Fall Economic Statement proposes several measures that will enhance investment competitiveness of Canada's mining and metal manufacturing sectors.

Marathon Gold hits more high-grade intercepts in Newfoundland

Infill drilling in the southwestern part of the Marathon deposit in Newfoundland continues to return high-grade gold intercepts.

Canadian Delrey completes IPO and phase one exploration at Sunset

Delrey Metals has finished its $165,000 phase one exploration program at its Sunset cobalt-copper-zinc property in BC, Canada.

Maverix Metals raises guidance for 2018

Maverix Metals expects to exceed its previously announced guidance for the year of 18,000 to 19,000 gold-equivalent ounces.

Osisko cuts 84 g/t over 5.3 metres at Windfall Lake

They don’t call it “Windfall” Lake for nothing.

IDM expands Red Mountain program with third drill

The company has increased its drill program by 5,400 metres; it will now drill 13,000 metres across 54 holes.

Marathon Gold advances Marathon deposit with more drilling, updated PEA

The Marathon deposit has the potential to develop an underground mine but for now management believes it’s more cost-effective to find open-pit resources at US$10 per ounce rather than more costly underground resources.

Pebble mine scores small win in land deal with Alaskan landowners

Deal with the Alaska Peninsula Corporation (APC) secures the company's right to use defined portions of APC lands to build and operate roads for the stalled Pebble copper-gold-silver project.

Gladiator deposit grows for Bonterra Resources

Bonterra says two rigs are currently in operation at Gladiator.

Award winning Diavik Diamond Mine honoured as industry leader

Diavik Diamond Mine is located 300 kms northeast of Yellowknife, capital of Canada’s Northwest Territories.