The 2017 settlement agreement provides a clear path for project review and permitting.
Canada Mining News
Nickel output by First Quantum Minerals fell 24 pct to 17,837 tonnes last year from 23,624 tonnes in 2016, the company said in a report.
"The last 10 years have been... an exciting time during which we’ve launched lots of industry firsts and helped reimagine the way the sector operates."
The stock fell by 21%, the steepest intraday decline since September, after the miner lowered production forecasts and confirmed that a stronger South African currency would knock annual profits.
Project is on track to reach 90% of capacity — or 194,000 barrels per day — by the end of the year.
Where miners and juniors hang their hats.
A South African businessman now living in Canada wants to sell a unique collection of solid gold items intimately associated to Nelson Mandela, which he bought for about $360,000 in 2003.
ZCCM-IH launched action in Oct 2016 to sue First Quantum over claims that the company borrowed $2.3bn from copper mining subsidiary without informing them.
The company’s Cascabel project is located in the northern portion of the Andean copper belt in Ecuador, renowned for hosting almost half the world’s copper known reserves.
The company, a unit of Anglo American Plc, mined 33.5 million carats in 2017. That’s a 22 percent jump from a year earlier, beating its own target.
This comes a week after the miner reported a "significant pressure" event at the mine.
At least seven holes totalling 1500 metres are planned at the Ontario-based project.
The world's largest mining and construction equipment maker beat market expectations for fourth quarter earnings and said its sales growth momentum is expected to continue in 2018.
The field of prospective bidders for ScotiaMocatta, the metals trading arm of Canada's Bank of Nova Scotia, has narrowed to two.
This designation follows KSPC being named one of Canada’s Top 100 Employers for 2018 in November.
The blockchain platform will allow users to access an immutable record of mining industry information securely and efficiently.
Small, opportunistic deals will dominate the global gold mining sector again this year, analysts said on Tuesday.
Proceeds from the private placement and financing will be used for exploration and development of the junior miner’s projects in Colombia and Nicaragua.
Vancouver producer announces lower gold production, recoveries at its only mine six months into ramp-up – stock is down 26%.
The company reported a "significant pressure event" at its Elkview coal mine.
The Toronto-based miner wants to buy the Gold Shear property, southwest of Cranbrook, British Columbia.
The protected areas plan is harming the mining industry’s ability to create jobs and economic growth for Nova Scotians.
The new unit, under Mongolian leadership, will focus on exploration and local ties.
In Nanaimo, B.C.— a city built on coal — a long-abandoned mine will soon become the heat source for a new university building.
The Canadian company alleges that the South American country is performing “fraudulent transfers.”