Canada Mining News

Kyrgyz Republic former PM who signed deal with Centerra charged with corruption

It’s rumoured that Sapar Isakov's charges may put a pact ending long-dragged disputes between the Asian country and the Canadian miner in jeopardy.

Here’s what miners are getting wrong when it comes to digital transformation

While the global mining industry is quickly becoming more digitally mature, that transformation continues to focus on productivity and profitability, rather than on much needed innovation, a new study shows.

Mountain Province finds 95-carat diamond in Canada’s far north

The white octahedron of "top clarity" is the largest gem quality diamond and fourth largest stone ever recovered at the company's Gahcho Kué mine, located in Canada’s Northwest Territories.

Mountain Province Diamonds joins Canadamark

The Canadamark program verifies that diamonds are natural and untreated, and mined in Canada under a regulatory regime.

Top mine rescue teams to compete in Matachewan

Seven mine rescue teams from across Ontario will test their emergency response knowledge and skills underground at Alamos Gold’s Young-Davidson Mine during the 69th annual Ontario Mine Rescue Provincial Competition in Matachewan, near Kirkland Lake, Wednesday and Thursday, June 6 and 7.

Newmont sells its royalty portfolio to Maverix Metals for $17 million, stake in the junior

Other than cash sum, the US miner is receiving 60 million Maverix common shares, representing a 28% stake in the Canadian company and warrants for an additional 10 million common shares.

World’s largest diamond miner De Beers to sell synthetic stones

After vowing for over a century it would never sell stones made in laboratories, De Beers will start doing so in September.

Mexico violence hits Canadian silver miner's operations

Pan American Silver Corp became the latest company to curtail operations in Mexico due to rising violence and crime.

Business leaders call for an Ontario natural resources strategy

Resource industries are the backbone of Ontario's economy, representing an important source of greater living standards and well-being for all.

Canadian junior Millbrook aims to lead Cuba's mining pack

In late April, Millbrook Minerals became the first copper-zinc explorer to sign an International Economic Association (IEA) contract with Cuba's GeoMinera, becoming the first Canadian firm to sign a deal with the Island since the mid 90’s.

Trump metals tariffs make Granite City great again, but at what cost?

The United States Steel Corp is re-hiring or recruiting around 500 workers as it readies for production in mid-June at a blast furnace it idled in 2015.

Vancouver miner expanding in under-explored area of Atlantic Canada

According to Labrador Gold, the Florence Lake belt is significantly underexplored for gold compared to greenstone belts elsewhere in the world.

Gold juniors’ Q1’18 fundamentals

Juniors are ready to soar when gold sentiment turns.

Trump "victories" on trade are anything but

As the year has progressed, the underbrush has gotten thornier, Trump's progress on trade has slowed, and now it has likely stopped altogether.

Electric vehicles seen driving cobalt crunch by mid-2020s

Demand for electric vehicles, using cobalt in batteries, could spark a deficit of cobalt as soon as 2022.

Pebble developer craters after copper giant pulls out

Northern Dynasty stock drops 32% after pact with First Quantum to build giant Alaska copper-gold mine collapses.

Mining capital projects: Are you ready for the next CapEx investment cycle?

With new technologies providing opportunities for growth, mining companies are preparing to launch into a new wave of investment.

Mergers and acquisitions in Canada stage exceptional comeback in Q1

However, the Canadian Mining Eye index — which tracks the performance of 100 Toronto Stock Exchange and TSX Venture Exchange mid-tier and junior mining companies — dropped 8% in the three months to March 2018.

CanAlaska Uranium, Cameco make headway at West McArthur project

Work at the project, located immediately next to Cameco's Fox Lake uranium discovery, has been focused on evaluating the C10 corridor, which is highlighted by the NE-striking conductivity high in the southern part of the property.

Fireweed files a PEA with a pre-tax IRR of 32%

The pre-production capital expenditure is $404M, which includes $105 million of capital cost required to upgrade the government-owned North Canol Road.

House passage of Minerals Security Amendment recognizes importance of minerals to national security

This amendment will provide a level of certainty that is required to ensure our military has the materials it needs when it needs them.

Cobalt 27 agrees to streaming finance deal with Australian miner

The transaction is the world's first cobalt-nickel streaming deal on a producing mine, Cobalt 27 said in a statement.

Petro-Lithium production represents diversification of Alberta’s energy economy

Alberta's E3 Metals Corp. developed a chemical extraction process that allows lithium to be produced in hours.

Goldcorp says Peru and Nevada would make portfolio perfect

Goldcorp Inc. CEO David Garofalo says he’s happy with his company’s portfolio of assets, but that doesn’t mean he doesn’t have a wish list.

Eldorado to soon obtain permit for processing plant in Greece, minister hints

The country’s energy ministry said he aimed to address the company's development plans in the coming weeks and according to a recent arbitration, which favoured Eldorado.