Canada Mining News

Mongolian Gov’t can’t nationalize Erdenet Copper Mine — court

Erdenet, which produces 530,000 tons of ore annually, is one of Asia’s biggest copper and molybdenum mines and a top tax contributor to the country’s $12 billion economy.

Canada’s Desjardins not scratching pipeline loans after all

Lender is moving to a carbon-neutral state by offsetting its own greenhouse gas emissions through the purchase of carbon credits starting this year.

Two 100%-owned projects have analysts talking about a possible 'JV partnership offer'

With an advanced project being looked at by potential partners, and another producing precious metal results, several analysts rate this explorer a "Buy."

Canadian federal court rejects Taseko's proposed $1.5bn copper-gold project

The federal court dismissed Taseko's applications for New Prosperity Mine, and ordered the company to pay court costs to the Tsilhqot’in First Nation.

Potash CEO meets with Chilean government amid stake sale

On Thursday, Potash Corp CEO Jochen Tilk met with authorities in Chile as the company tries to divest its minority stake in lithium miner SQM.

Massive Oyu Tolgoi mine to more than double gold production in 2018

Rio Tinto-controlled Turquoise Hill is also predicting costs to fall about 2.8%.

Sumitomo Metal Mining joint venture with IAMGOLD receives prestigious PDAC award

DLA Piper (Canada) LLP is pleased to announce that the joint venture between Japan’s Sumitomo Metal Mining Co., Ltd. (“Sumitomo”) and Toronto-based IAMGOLD Corporation (“IAMGOLD”) for the Côté Gold Project has received the Viola R. MacMillan Award from the Prospectors & Developers Association of Canada (“PDAC”).

YMP launches Career Connect, a free of charge platform to unite mining’s talent and job seekers

The only mandate for Career Connect is to unite young mining professionals who are passionate about the industry with those looking for the best talent.

Superior Gold kicks off mining at Hermes open pit project in Western Australia

The Hermes development project is located about 65 km southwest of the company's 100%-owned Plutonic Gold Mine in Western Australia.

Data workers prove a rare resource for Barrick, fellow miners

The world's biggest gold miner is staking new ground in a dogged push to overhaul its operations, seeking scarce artificial intelligence experts to oversee projects using technology for everything from exploration to robot-run mining.

Diamond Fields to resume mining off Namibian coast next year

The country’s Ministry of Mines and Energy has renewed the Canadian miner's licence for ten years.

Glencore, Canadian teachers launch mining royalty firm

BaseCore Metals will be independently operated and have its own board of directors.

Sierra Leone ‘Peace Diamond’ sold for less-than-expected

The egg-sized, 709-carat rough yellowish diamond was sold for $6.5 million to luxury jeweller Laurence Graff, chairman of Graff Diamonds.

Bacanora tanks as president resigns

President and director Martin Vidal has left the post effective November 30.

First Cobalt merges with CobalTech

The company is redeveloping the Keely-Frontier mine, a high-grade mine that produced over 3.3 million pounds of cobalt.

Canada court backs need to consult aboriginals on projects

Canada's top court ruled in favor of aboriginal bands seeking say in Yukon territorial government effort to develop coal and iron deposits in wilderness.

Castle Silver Resources exploration approach is leading it to high-grade cobalt

CSR’s portfolio includes Castle Silver mine located 85km northwest of Town of Cobalt, which produced nearly 300m grams of silver and 376,000lbs of cobalt.

McEwen Mining to speed up Timmins exploration program

The Canadian precious metals producer announced a financing plan consisting of a $10-million bought deal private placement offering of four million flow-through common shares.

Barrick Gold just bought more than $9 million worth of shares in this junior

The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.

Kimberlite deposit in Nunavut twice as deep as previously estimated

Peregrine Diamonds also found a very rare green diamond at the site.

Canadian miner to survey property using Long Wave Infrared Imaging

Tasca Resources says the new technology is a significant advancement in exploration tools, particularly when it comes to developing potential exploration targets.

Union at Quebrada Blanca copper mine in Chile votes to strike

A union at Teck Resources’ Quebrada Blanca copper mine on Wednesday rejected a contract offer from the Canadian miner, increasing the likelihood of a strike.

Rubicon Minerals consolidates McCuaig, adding to its substantial exploration properties in Red Lake, Ontario, Canada

The Company currently has a 60% interest in McCuaig and, upon closing of the transaction, will have a 100% interest.

Canadian miners want to launch clean resources supercluster

They hope to receive $200 million in government funding.

Lockheed partners with graphite miner

Elcora Advanced Materials is pleased to announce it has signed a Memorandum of Understanding (MOU) agreement with Lockheed Martin Canada.