Canada Mining News

K+S Potash Canada and Pacific Coast open handling and storage facility

The premises is the western port destination for potash from KSPC’s new multibillion dollar Bethune mine in southern Saskatchewan, the first new potash mine in Canada’s premiere potash belt in nearly 50 years.

BHP seeking $2 billion Jansen stake sale

Working with an investment bank to off-load 25% interest in giant potash project in Saskatchewan according to new report.

Canadian miner 'flush with cash' producing

A miner with spending money just increased its fleet and made another giant leap forward in expanding its already producing Nevada project.

Guatemalan court backs Tahoe’s Escobal mine suspension

Together with reevaluating its previous multi-year guidance, the company is now reviewing the financial impact of the mine suspension to its longer term capital and exploration programs.

Bacanora to complete Sonora lithium project feasibility study this year

Final study focuses on a two-phase open pit mine and lithium carbonate processing facility with a life of over 20 years.

Eager for red-hot cobalt gains, investors think small

Prices for cobalt, a key ingredient in lithium-ion batteries for electric vehicles, have spiked 83 percent this year.

Shale may be gone but BHP won't ditch potash

After pressure BHP is exiting oil and gas. Expect similar calls for shelving its $12 billion Jansen potash project in Saskatchewan to fall on deaf ears.

Mining finance legend takes leave from Howe Street

The venture capital community pays tribute as Vancouver legend Jake Fiddick retires

BHP says not to seek go-ahead for its Jansen potash project in 2018

Due to uncertain timing on the need for the commodity used as fertilizer

Canada's Ontario province to build roads into Ring of Fire region

The province first committed $1 billion to fund infrastructure into the chromite-rich area in 2014.

Voisey's Bay underground mine on hold

Plans to extend the life of the Voisey's Bay nickel mine in northern Labrador by moving operations underground – already once delayed – are now on hold.

Ex-Integra Gold executives launch new mining exploration company

The company, to be named Integra Resources Corp, plans to acquire an advanced-stage gold-silver project in Canada or the United States in the next two months, and then apply to list on the TSX Venture Exchange, CEO George Salamis said.

Argentina confirms charges for Barrick employees over 2015 cyanide spill at Veladero

Court of appeals says charges of “pollution, negligence and malpractice" still in place for 8 of 9 people.

Copper price surges to 32-month high as hedge funds place $20 billion bet

Copper trades just short of $3 a pound as large scale futures speculators build massive bullish position and global supply worries resurface.

Gold rush in Nicaragua — production doubles in little over 10 years

Last year, the nation produced over 267,000 ounces of gold, significantly more than the 109,200 ounces it generated in 2006.

Artisanal miners’ protests heat up in Colombia

They are protesting against expansion plans by Zandor Capital, a subsidiary of Canadian-based Gran Colombia Gold, and also in opposition to Bill 169

These are the mining sector’s suggestions to the Canadian government

Industry highlights the topics they would like government officials to address during the Energy and Mines Ministers’ annual conference

UK lithium start-up gets $1.3 million to build new mine in Cornwall

Claims that Cornwall is sitting on a multibillion-dollar lithium bonanza will soon be tested as newcomer Cornish Lithium has now enough money to start exploring the region.

Former chief executive of Mountain Province to lead Dominion Diamond

Patrick Evans will become the new CEO once a deal to purchase the Canadian diamond company closes later this year

Snow, soil and trees could help detect mineral deposits in Canada

A team of geologists is using a series of techniques to identify halogens, commonly associated mineral deposits, in organic materials

McEwen grows gold production 50% with Timmins buy

Toronto-based gold miner acquires Black Fox mining complex in northern Ontario from Primero Mining for $35m.

Tahoe ceases dividend and suspends company-wide guidance due to uncertainty in Guatemala

The Vancouver-based miner seems to be handling the situation well, as officials announced Wednesday that balance sheets "remains strong"

Lead-zinc mine on Vancouver island reopens

Vancouver Island copper-zinc-lead mine, Myra Falls, restarts after nearly two years.

North Korea breathes new life into gold price, mining stocks

Safe haven buying lifts gold price 1.8% to 8-week high sparking stock market gains for top producers.

Comstock provides dual upside for Canadian gold discovery

There’s been a recent bull rush for Canadian gold projects, and Comstock Metals Ltd. sits in a good position with a pair of quality exploration plays in two exciting jurisdictions.