Canada Mining News

Copper One, Quebec gov’t lock horns

The junior miner has begun proceedings against the Quebec Ministry of Forests, Wildlife and Parks (MFFP) in the superior court over a denied permit.

Mountain Province just found this massive diamond at Gahcho Kué

The 67.87-carat gem quality octahedron diamond, unearthed during production ramp-up, is the largest of its kind recovered to date at the remote mine.

Ontario diamond mine expansion shelved, casting uncertainty over Victor

Weeks after making the difficult decision to flood Snap Lake, De Beers could be sharpening the axe for more job cuts at a Canadian diamond operation.

Dominion Diamond, Ekati miners reach provisional four-year deal

More than 500 unionized workers are expected to ratify the agreement in an upcoming vote scheduled for March.

Taseko heads to court to try resurrecting New Prosperity 

Taseko Mines (TSX:TKO) is not giving up on its plan to build a large copper-gold mine in north-central British Columbia, despite two earlier rejections by the Government of Canada.

IsoEnergy acquires Mountain Lake uranium deposit

Discovered in 1976, the property area was the subject of intense exploration during the 1970s and 1980's, when Acquitaine Company of Canada and Esso Resources Canada completed 190 drill holes totaling approximately 22,000 m on the project area.

Oil sands face big trouble ahead, two new studies suggest

Canada’s oil sands industry may find itself fighting with the US — its own largest customer — for a share of a shrinking oil market within four years.

Canadian mining companies dominate 2017 OTCQX Best 50 ranking

The #1 ranked company was Cordoba Minerals Corp, a Toronto-based mineral exploration company, which had a total return of 466%.

Mountain Province Diamonds announces appointment of Chief Financial Officer

Mountain Province Diamonds Inc. is pleased to announce the appointment of Perry Ing to the position of Chief Financial Officer effective February 6, 2017.

South African judge clears path for Ivanhoe Mines’ Platreef mine development

Judge revoked an interim order that prevented the company from relocating graves present at its Platreef platinum group metals mine, in Limpopo Province.

Did this financier just call the end of the mining rally?

Private equity firm Orion selling $1 billion worth of royalty, streaming and offtake assets covering gold, silver, base metals and diamonds.

Cameco to lose $1.3bn as Japan’s TEPCO cancels uranium contract

Tepco’s termination of the contract would affect about 9.3 million pounds of uranium deliveries through 2028, Cameco said.

Trevali invests in Caribou Mine future with new mining fleet

Trevali Mining Corporation announces a new investment in the future of its Caribou Zinc Mine, located in the Bathurst Mining Camp of northeastern New Brunswick, Canada, through the decision to transition to an owner-operated model that will include procurement of a new underground mining fleet.

Here’s what miners should expect and do in 2017

While companies face different outlooks and challenges depending on the commodity they mine and their size, Deloitte says they should all should be looking for the answer to one common question — “Going forward, where should we play and how can we win?"

Zinc miner spends $20M on a new fleet

Sandvik Mining will supply and maintain a full fleet of mining equipment for Caribou Mine operations.

Environmental permitting process advancing at Novagold's Donlin Gold Project

NOVAGOLD Resources Inc. released its 2016 financial results on Jan. 25, and provided updates on the 50%-owned Donlin Gold project in Alaska and the 50%-owned Galore Creek project in British Columbia.

Quebec gold miner surges after reserves update

Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.

Lucapa adds Motahe project in Lesotho to portfolio, shares jump

The project, which has existing infrastructure, a camp and a diamond processing plant in place, is located just 5km from Letšeng, the highest dollars-per-carat kimberlite diamond mine in the world.

Dominion Diamond CEO to step down due to family reasons

Brendan Bell, who has also resigned to Dominion's board, has agreed to stay on as CEO until June 30 to ensure a smooth transition.

Rob McEwen inducted into Canadian Mining Hall of Fame

Legendary mine developer Rob McEwen has been recognized for his accomplishments in Canadian mining through an induction into the hallowed corridors of the Canadian Mining Hall of Fame.

Global gold mining output to decline further

Only Africa and Oceania bucking the trend says new study.

Guatemalans’ lawsuit against Tahoe Resources to go to trial

The British Columbia Court of Appeal has rejected efforts by Tahoe Resources Inc. to dismiss a lawsuit brought by seven Guatemalan men for injuries they suffered during the violent suppression of a peaceful protest at Tahoe’s mine in Guatemala.

US, Canadian engineers back Keystone XL application, urge swift approval

Operating Engineers in the U.S. and Canada stand ready to build this essential piece of North American energy infrastructure.

TransCanada submits new application for Keystone XL permit

The company has spent at least $2.5 billion on the project, whose total cost if built would be at least $10 billion due to delays and permitting costs.

UN court won’t dismiss Stans Energy claims against Kyrgyz Republic

The decision means the $210 million arbitration against the Kyrgyz Republic will advance to the merits stage, the Canadian junior said.