Canada Mining News

Skeena shares take off on BC Golden Triangle drilling

Past-producing Snip mine delivers again for Vancouver junior six months after acquiring property from Barrick Gold.

Bitcoin upstages electric cars as bigger source of power use

Miners of bitcoin could require up to 140 terawatt-hours of electricity in 2018. That’s more than expected power demand from electric vehicles in 2025.

Yamana Gold provides preliminary 2017 operational results and an update on construction activities at Cerro Moro

There was strong production momentum, which continued into the fourth quarter and for the full year 2017

Mali mine takes B2Gold 2017 output to record high

This is the ninth consecutive year the Canadian miner achieves record annual gold production.

Rio Tinto pulls offer for stake in world’s largest lithium miner

Decision doesn’t mean the miner has abandoned plans to capitalize on the electric-car boom, sources familiar with the matter say.

Klondex shrinks Manitoban operations

The Vancouver-based company announced the immediate reduction of underground mining operations and workforce at its True North mine.

Lundin Gold to start building Ecuador's largest underground mine

Fruta del Norte is expected to produce 340koz of gold per year over 13 years.

Pancontinental in the quest for “blue gold”

The company is looking in Canada, the world's No. 3 cobalt producer.

Bacanora seeks expansion of German lithium project with newly acquired exploration licence

The Falkenhain deposit, in the German state of Saxony, is located about 5 km from another Bacanora asset in Germany — the 50%-owned Zinnwald lithium project.

Osum Oil Sands to double capacity at Alberta site

The company's CEO said they are moving closer to their goal of producing 20,000 barrels per day at Orion.

Cameco's tractor-trailer with uranium concentrate involved in minor accident

The truck was en route to the Blind River refinery in Ontario.

Equinox Gold to start full-scale construction at Brazilian mine

The Canadian miner wants to increase production to 135,000 ounces of gold per year.

Wellgreen Platinum changes name to Nickel Creek Platinum

"We are thrilled to complete our [] rebranding to Nickel Creek Platinum, a name which reflects our company's significant endowment of nickel and PGMs..."

Ivanhoe Mines and Zijin virtually triple hydroelectric output to support the Kamoa-Kakula Copper Project

Fresh Kakula resource estimate being prepared based on drilling completed to the end of December 2017.

Canadian junior plunges ahead with three cobalt projects in B.C.

Vancouver-based Cruz Cobalt is ready to kick off an airborne work program at its three B.C.-based properties amid high prices for the commodity

Coal mine to re-open in Canada, another closes in US

Former Grand Cache Coal mine to re-start out of bankruptcy; 4 West Mine in Pennsylvania will be shuttered.

Pebble permit application completed

The U.S. Army Corps of Engineers has accepted Pebble Limited Partnership’s wetlands-fill permit.

CHARTS: Big mining's surge in value shames tech giants

The mining cycle turned two years ago – gains for the sector's largest companies have far outpaced stocks like Apple, Amazon, Google and Facebook since.

Quest Rare Minerals files proposal under the Bankruptcy and Insolvency Act (Canada)

Among other things, the Proposal provides for the reorganization of Quest’s share capital, whereby all issued and outstanding Quest shares will be cancelled.

Roxgold's mine in Burkina Faso greenlighted by the Ministry of Environment

Approval was granted for the Bagassi South gold project, located within the Yaramoko gold mine.

U.S. court rules against miner Crystallex in Venezuela dispute

Crystallex International Corp is seeking to collect $1.2 billion plus interest awarded in 2016 by a World Bank tribunal against Venezuela, which Venezuela has refused to pay.

Drilling in Stars

A winter drilling program has begun on the Stars mine in British Columbia.

Suncor, Teck buy part of Total stake in Canada oil sands mine

Suncor Energy and Teck Resources Ltd have taken higher stakes in Fort Hills oil sands mine from partner Total SA, resolving a dispute over building costs.

The serious mining stock investor should attend PDAC 2018

PDAC’s annual convention has become the epicenter of finding mining investment opportunities and obtaining crucial insight for the investor.

Mining in 2018: Copper price to power on

Markets where technology hasn’t substantially shortened the supply cycle and where cost are rising (ie copper) have the greatest long-term upside in prices