Canada Mining News

Tribunal favours Barrick, Antofagasta in Pakistan lease denial case

The International Center for Settlement of Investment Disputes (ICSID) said Pakistan violated several provisions of its bilateral investment treaty with Australia, where the joint venture between Barrick and Antofagasta is incorporated.

$5.5 billion private capital ready to invest in mining

"Investors are willing to back their positive sentiment towards natural resources with fresh capital commitments," says new study.

Visualizing the world's deepest oil well

Ever wondered just how far down companies drill for oil?

Callinex acquires the high-grade Tara Lake VMS Deposit near Flin Flon, MB

Callinex Mines Inc. is pleased to announce that it has signed an option agreement to acquire a 100% interest in the Big Island Project located 10 km east from HudBay's processing facilities in Flin Flon, Manitoba.

Dominion Diamond stock goes gangbuster on $1.1bn takeover bid

Montana-based Washington Co is offering 36% above the closing price of the Canadian miner’s shares on Friday.

Police, Ministry of Labour investigating salt mine death

One person is dead following an incident at Compass Minerals' salt mine located on North Harbour Road in Goderich, Ontario.

Energy stocks are shifting from Fort McMurray to Fort St. John

Canadian energy guru Peter Tertzakian addressed the CFA Society Vancouver last week.

Caterpillar hires former US Attorney General for help with probe

William P. Barr will help Caterpillar face a federal investigation related to profits earned by CSARL, its Swiss parts subsidiary.

Eastern Canada now the preferred mineral exploration investment destination

While wew mines continue to open in British Columbia, the perceptionis that the province is no longer a welcome place for mineral exploration.

BC copper-gold mine to reopen after six years

AuRico Metals received an environmental certificate this week for its $684 million Kemess underground project, shuttered in 2011.

Barrick mulls selling part of Peru mine, bringing partner — report

Rumours come a year after the gold miner vowed to spend $640 million to extend the life of Lagunas Norte, worth about $1.4 billion according to industry experts.

Rick Rule on Uranium: Early means wrong, unless…

In an exclusive Q&A session for Sprott Private Wealth clients, Rick Rule shared his thoughts on the uranium market and explained why speculators shouldn't worry too much about being early.

AuRico Metals receives environmental assessment approval for Kemess Underground Project

"The Kemess Underground Project presents an attractive development opportunity given its strong economics – supported by existing infrastructure, large scale, good jurisdiction, and advanced stage.

Sierra Leone pastor unearths one of the 20 largest diamonds ever found

Emmanuel Momoh found the 706-carat diamond in Sierra Leone's Kono district.

Chile’s Supreme Court casts shadow over Barrick’s plans to restart Pascua-Lama

The country's mining regulator will have to issue a new temporary closure plan for the project, including comments from other government offices.

Is this the next Kaminak? – Goldcorp acquires 19.9% of Triumph Gold

No. We believe it will be much larger.

IDM Mining to commence resource expansion underground drilling at Red Mountain Gold Project and appoints project and mine managers

IDM Mining Ltd. is pleased to announce that crews have mobilized to its Red Mountain Project near Stewart, B.C. to initiate its spring 2017 phase I underground drilling program.

Galantas Gold soars on news of Irish mine expansion

After acquiring new equipment last year, Galantas is moving mining work underground at Omagh.

Glencore sells two Africa zinc mines to Canada’s Trevali

The $400 million-deal will make of Trevali the first pure zinc company with operations in North and South America as well as Africa.

INTERACTIVE: Top 10 gold mining companies

The 10 largest gold mining companies produce 30% of the world's gold and enjoy some of the sector's fattest margins.

MICROMINE implements its fleet management and mine control solution, Pitram at one of the world’s largest copper-gold mines, Oyu Tolgoi

MICROMINE has implemented its leading fleet management and mine control solution, Pitram, at the Oyu Tolgoi copper-gold mine in the South Gobi region of Mongolia.

Vale to mothball century-old Ontario nickel mine

The Stobie mine in Sudbury began in 1890.

John Kaiser at PDAC 2017: “Discovery exploration is back”

John Kaiser also talks Donald Trump and warning signs for speculators

Shell sells Canadian oil sands businesses in deals worth $8.5 billion

Once the deals close, there will be only three major companies — CNRL, Suncor and ExxonMobil majority-owned Imperial Oil Ltd. — dominating Canada's oil sands industry.

Ecuador anticipates $4 billion in mining investments by 2021

The country expects mining investments to increase 360% in the next four years compared to the 2013-2016 period as it has already granted 160 of the 420 explorations licences it put out to tender in July.