Canada Mining News

Botswana seeks option to buy unusually big diamonds from its mines

Draft bill gives government first option to buy unusually large diamonds found in the country's mines, such as the world's second-biggest 1,109 carat diamond discovered by Lucara two years ago.

Kinross Gold to spend $1bn to expand Mauritania, Nevada mines

Projects aim at boosting output and lowering costs.

Mine acquisition grows production 'at a fair price'

BMO Capital Markets explained the mine acquisition deal in British Columbia and its likely benefits for this precious metals miner.

Greece tries making peace with Eldorado, grants final permits for Olympias

While the company can now proceed with development of Olympias, is still awaiting permits for its Skouries project, the main bone of contention with Greek authorities.

Canada does not need more oil sands pipelines, report claims

A report by the Centre for International Governance Innovation argues the global push to reduce carbon emissions over the next three decades will reduce the size of future oil markets.

Pure Gold inches closer to production at Madsen mine

The current resource base is 1.6 million ounces of gold in the indicated category and 178,000 ounces inferred.

Greece kicks off arbitration process over Eldorado Gold’s projects

Greek government alleges a technical study for the company’s Madem Lakkos metallurgical plant is deficient and thereby violates environmental terms.

Caterpillar develops proof-of-concept battery electric LHD

Prototype of battery electric LHD will be sent to a Canadian mine site.

PotashCorp mulls selling stake in Chilean lithium producer SQM — report

Move would seek to secure approval for its friendly merger with smaller rival Agrium, creating the world’s largest potash miner worth about $36 billion.

Greece grants permits for Eldorado after miners clash with police

The miners from the Eldorado Gold mine in the Halkidiki region were protesting looming layoffs as the company said Monday it would suspend all operations in Greece.

Barrick named to Dow Jones Sustainability Index

The company was also included in the Dow Jones Sustainability North America Index for the 11th consecutive year.

Coeur Mining acquires Silvertip mine in Canada for $250 million

The deal grants Coeur access to Silvertip mine, high-grade silver-zinc-lead operation located in B.C., Canada.

These three major oil sands projects are almost done

All three projects are now over 95% built and transitioning into start up.

Canada's Alamos Gold buys Richmont in a deal valued at Cdn$905 million

Acquisition makes of Alamos a top-10 gold producer in North America.

Canada’s Donkin coal mine begins processing ore on site

Current coal production is being stockpiled on site, and trucked and stored up at the Provincial Energy Ventures port in Sydney, Cape Breton, for export.

Eldorado Gold to halt all operations in Greece

Citing delays in permits from the Greek government, the company said no additional investment would be made into the Olympias and Skouries projects or the Stratoni mine, which it acquired in 2012.

Petra Diamonds shares crater after Tanzania seizes $15 million shipment

The diamond miner also had to halt operations at its Williamson mine as several key employees are being questioned by local authorities.

PEA extends Ekati minelife by 7 years to 2042

A preliminary economic assessment (PEA) of the Ekati mine in Canada's Northwest Territories has the iconic diamond operation staying open seven more years.

Anaconda Mining to fill Newfoundland pit with Nova Scotia tailings

When the company's Pine Cove pit mine stops producing in about eight months, work will begin to turn it into a tailings storage facility with capacity of up to 7 million tonnes.

GoGold sells stalled Mexico project to Agnico Eagle for $80 million

The sale of Santa Gertrudis has given GoGold much-needed cash to pay off its $46.3-million debt with the Bank of Montreal.

Tanzania kicks off probe into Petra Diamonds contract, orders officials to resign

President John Magufuli has asked for a review of a local contract belonging to Petra Diamonds and ordered senior officials to resign over the outcome of a probe into the diamond and tanzanite sector.

Vancouver company finds faster way to extract lithium from oil

MGX Minerals says it is possible to get lithium from oil-extraction wastewater in just a few days

Argentina to ramp up exploration

Mining Development sub-secretary expects exploration activities to rise by 2 per cent in 2017

Royal Road and Hemco form exploration partnership in Nicaragua

The cooperation agreement aims at identifying and exploring gold and copper targets in the areas covered by both companies’ existing licenses

Newly IPO'd Fireweed Zinc talks about its Yukon project

The Canadian junior recently started a six-week drilling program at its Macmillan Pass Project located 200 kilometres northeast of the town of Ross River in Yukon