Canada Mining News

Nemaska lithium finalizes a 5 year supply agreement with Northvolt

Nemaska Lithium has entered into a 5 year supply agreement in which it supplies battery grade lithium hydroxide to Northvolt.

Lucky minerals enters into a bought deal agreement for gross proceeds of $2 M.

Clarus Securities agreed to purchase 2,500 Convertible Debenture Units of Lucky Minerals for gross proceeds of USD $2 M.

Canadian company one step closer to building petro-lithium extraction unit

International Battery Metals is going to work with Impact Technology Development on the design and construction of its first proprietary mobile lithium extraction unit.

Rio opens new diamond pipe in subarctic Canada

The pipe is expected to be "an important source of incremental supply over the next four years."

Lucara Diamond moves forward with ‘stone by stone’ sales plan

Miner will include Sarine’s mapping and planning technologies into its sales platform, which applies algorithms to match rough diamond production with polished manufacturing demand on a stone by stone basis.

JX Nippon Mining, Mitsui dodge strike at Chile's Caserones mine

Main mine union accepted an adjusted contractual offer, which marks the end of the negotiation process and removes the threat of a strike.

Northern College host Outland Youth Employment Group at campuses

The Outland Youth Employment Program has been successfully operating in Ontario since 2000 employing over 430 Indigenous Youth. This multi-year program offers a variety of natural resources based field work opportunities and hands-on learning experiences.

Baffinland submits environmental update for May River project to Nunavut authorities

Document proposes replacing the road connecting the mine to a port with a railway, to reduce dust and sediment in the water.

Standard Lithium tries new approach to speed up production in Arkansas

Canadian company is focused on unlocking the value of existing large-scale US based lithium bearing brine resources that can be brought into production quickly.

Osisko Mining to acquire Beaufield Resources

Strategic location.

Rio Tinto closer to selling $6bn stake in Iron Ore of Canada

Company is said to have hired Credit Suisse to conduct an auction of its 58.7% interest in IOC.

Canada to consider steel safeguard response to US tariffs

Canada will consider a safeguard action on seven steel products to protect domestic producers from imports since the United States imposed tariffs in March.

Major gold mine decision ignores local voices of Yukon – Kuskokwim Tribes and Residents

Yukon and Kuskokwim Tribes and leadership respond with anger to State and Federal Permits issued for Record of Decision for Donlin Gold Project.

Columbus Gold to buy 70% stake in Maripa project from IAMGOLD

The project is made up of five contiguous exploration permits and has a historic gold production of around 40,000 ounces of gold, mined between 1985 and 1996.

China's Ganfeng grabs SQM's stake in Argentinean lithium project

The $87.5-million deal is the latest Chinese acquisition of a lithium project in South America, following Tianqi Lithium’s decision to buy 24% of SQM for $4.1 billion, which has not yet been approved by Chile’s antitrust regulator.

How Canada’s mining sector impacts the economy

Canada is one of the world’s largest exporters of minerals and metals, supplying approximately 60 different mineral commodities to over 100 countries.

First Majestic shares hammered after reporting $40 million-loss

It also recorded an impairment charge of $31.7 million, or $20.5 million net of tax, related to placing the La Guitarra mine on care and maintenance.

Fate of Canadian gold miner in Uruguay uncertain

Orosur says that the scarcity of alternative sources of ore at its Uruguayan project is resulting in financial liquidity constraints.

Barrick ‘was almost dead’: Thornton pulls no punches on gold miner’s missteps

Barrick's plan going forward includes increasing its portfolio of so-called tier 1 assets over time, and gradually shedding anything that’s not tier 1 or deemed to be “strategic.”

Rosy Canadian jobs report gets no help from resource sector

On a year-over-year basis, natural resources employment is little changed.

Gold fever hits Newfoundland

Miners are acquiring different projects in the Moosehead Gold District.

Pretium Resources grows cash by $72 million, produces 111,340 ounces of gold

The company is up 18.5% today to $12.04 a share.

Rio Tinto considers float of Canadian iron ore business

Rio Tinto, the world's second largest listed mining company, is exploring a public listing of its Iron Ore Company of Canada business.

MGX gets a hold of three lithium projects in Chile

Exactly six months after hinting at the possibility of opening shop in Chile, MGX Minerals is acquiring 50 per cent of the issued shares of Chilean Lithium Salars.

Nevsun asks shareholders to reject Lundin's hostile bid

Canadian miner Nevsun Resources Ltd on Thursday urged its shareholders to reject a hostile C$1.4 billion ($1.07 billion) offer from rival Lundin Mining Corp.