Canada Mining News

Calls for gold exploration on Warwick Mountain delayed

The 30,000-hectare terrain between Earltown, Tatamagouche and Wentworth is considered to have potential for the development of multiple gold mines.

Port, railway workers reject Canada miner IOC's latest offer

Negotiations stumbled on monetary issues.

Open for business? Not BC

An onslaught of recent policies from Premier John Horgan's government has weakened B.C.'s investment climate, sending all the wrong signals to investors.

Eldorado Gold updated Greek mine plan reduces 'footprint'

The Skouries gold mine project report updates a 2011 plan with industry-best practices for waste water management and tailings.

Goldcorp deposits 3,000 ounces of gold in blockchain 'milestone'

Goldcorp Inc made the first gold deposit on Tradewind Markets' new digitized trading platform, the companies said on Thursday.

Exploration spending in Canada’s poorest regions keeps sliding

The Northwest Territories and Nunavut, two of the three regions with the lowest income per capita, will see exploration investment to drop again in 2018, Natural Resources Canada says.

Miners ask Congo to introduce sliding royalty scale

The proposal, signed by companies responsible for 85% of the DRC's copper, cobalt and gold output, suggest that sliding royalties will give the government a higher share of revenues.

Grizzly wants to buy Robocop

Robocop is comprised of five mineral claims totalling 9,891 acres north of the Canada-US border.

Barrick Gold founder Peter Munk dies at 90

The company said its founder and chairman emeritus, Peter Munk, passed away Wednesday in Toronto, surrounded by his family.

Kinross closer to making decision on reopening gold mine in Chile

Operations at La Coipa mine, located in in northern Chile, were halted in 2013, when the targeted orebody run out of riches.

Copper Mountain gains approval for $71m acquisition of Altona

The combination of the two companies will result in a mid-sized copper miner, with an expected annual production of about 73,000 tonnes of the metal.

Canada to target smuggling of steel intended to dodge US tariffs

Under new measures unveiled by Prime Minister Justin Trudeau's office on Tuesday, the Canada Border Services Agency will gain new powers to stop companies that try to dodge duties.

Canadian miner allowed to operate in Sweden

Gungnir's drill campaign would begin in the second quarter of 2018 with 20 diamond drill holes testing six target areas over a strike length of more than 8 km.

One of world's dirtiest oil sources wants to go green

Alberta is boosting its use of renewable energy, closing power plants that burn coal and in January increased its tax on carbon emissions by 50 percent.

Lundin closes $400-million financing to complete Ecuador gold project

Lundin has been developing Fruta del Norte for over a year, following an agreement with Ecuador’s government allowing the miner to move ahead with the gold project, the country's biggest.

SolGold on a roll, confirms major copper-gold target at Ecuador project

Results from 11 of the 12 drilling rigs at its 85%-owned Cascabel copper-gold project, suggest there is much more intense mineralization in the property than thought earlier, the company said.

Mexican environment officials visit mine following cyanide spill

Some 200 litres of cyanide solution were released into the environment.

Barrick Gold cuts 2017 compensation for top two executives

The decision was made to reflect a challenging "shareholder experience" and operations at some mines.

B.C. miners halt exploration program to address community concerns

Following a community outcry, Aben Resources and Eagle Plains Resources decided to suspend their planned drill program at the Chico Gold Project.

Saskatchewan miner launches aggressive exploration program in Ontario

GFG says this is the first ever systematic, district-scale exploration program in an under-explored portion of the Abitibi greenstone belt.

Gold juniors’ Q4’17 fundamentals

The juniors’ recent Q4 results proved quite strong.

Condor Gold raises £2.5 million as 2017 loss narrows

The Nicaragua-focused miner has not generated any revenue in the past two years, but narrowed pre-tax loss to £3 million in 2017 from £7.7 million a year earlier.

Landmark funding announced for Canada’s largest First Nations led infrastructure project

The project will connect remote First Nations in Northwestern Ontario to Ontario’s power grid and provide for savings associated with avoided diesel costs.

RNC mulls selling Aussie mine to focus on massive cobalt-nickel project in Quebec

The company's Dumont cobalt and nickel project in Quebec is the world’s largest undeveloped reserve of both metals, with over 1 billion tonnes of reserves and a 33-year mine life.

Nova Scotia’s Mining Association applauds Government push for a Mineral Resources Development Fund

The Mining Association of Nova Scotia (MANS) is pleased the new provincial government budget provides funding to establish the Mineral Resources Development Fund (MRDF).