The project, called Misery Deep, will require an investment of $6 million in 2018, $69 million in 2019 and $19 million in 2020.
Canada Mining News
Kinross sells White Gold District properties for approx. C$60 million
Kinross Gold (TSX:K,NYSE:KGC) has unloaded five of its properties in the Yukon White Gold District to newly formed company White Gold Corp (TSXV:WGO) in a cash and share deal worth around C$60 million.
Top 10 financings in April
April saw 121 financings close in the Canadian financial markets for C$522.7 million including 55 financings for gold totalling $207.3 million, some 40% of the April total.
These 4 charts will turn you into a (raging) zinc price bull
Contract treatment charges – an indicator market tightness – fall by most on record while inventories drop to levels last seen in 2008.
Dominion Diamond provides exploration update and announces maiden resource at Leslie Pipe at Ekati
Dominion Diamond Corporation today provided an update on its renewed strategic focus on greenfield exploration activities at the Ekati Diamond Mine, Diavik Diamond Mine and other properties in the Lac de Gras region in the Northwest Territories in Canada.
Northern Dynasty announces Pebble Project advisory committee
Northern Dynasty Minerals Ltd. reports that its wholly-owned subsidiary, Alaska-based Pebble Limited Partnership announced today it has received commitments from five prominent Alaskan and national figures to serve as founding members of an Advisory Committee formed to provide independent, external advice as the Pebble Project advances into federal and state permitting.
Cenovus completes acquisition of assets in Western Canada from ConocoPhillips
Cenovus Energy Inc. has closed its previously announced purchase of assets in Western Canada from ConocoPhillips after receiving all necessary regulatory approvals for the transaction.
Australia's miners dragging their feet and being swamped by Canada in Mexico's resources upside
Canadian miners are swarming over Mexico and its high level of mineral prospectivity at the expense of Australia’s explorers and miners who have only made a tentative foray into the Latin America isthmus.
Canada’s Trevali picks up Glencore zinc mines in Africa
The deal, worth about $400 million, will make Trevali the first pure zinc producer with operations in North and South America as well as Africa.
China successfully mines flammable ice from the South Sea
During the mining trial done at a depth of 4,153 feet, engineers extracted each day around 16,000 cubic metres of gas, with methane content of up to 99.5%.
First Quantum to kick off massive $5.48bn copper mine in Panama in just months
Cobre Panama project is now 50% complete and on track to produce 320,000 tonnes of copper in 2019, making the company one of the world’s top six producers of the red metal.
AMC Consultants wants miners to learn about uncertainty
According to AMC, cumulate uncertainty, particularly when it comes to resource estimation, creates serious risks for mining projects.
Australian-Barrick partnership eyes substantial gold upside in Guyana
An Australian company which has teamed up with the largest gold company in the world to exploit a corner of Latin America’s untapped mineral riches, says the bulk of Guyana’s gold production has only “just scratched the surface”.
Nighthawk announces graduation to TSX and appointment of non-executive chairman of the board
Nighthawk Gold Corp. is pleased to announce that it has received conditional approval from the Toronto Stock Exchange to graduate from the TSX Venture Exchange and list its common shares on the TSX. The Company will continue to use the stock symbol NHK for trading on the TSX.
Ashanti Gold announces mobilization on Kossanto East in Mali
The project is a 66.41 km2 concession in the prolific Kenieba Inlier, the northwestern-most exposure of Birimian rocks in West Africa.
Here’s why Colombia’s mining sector is losing its shine
Companies are pressing the government to better regulate public consultations and votes on mining projects, as they see legal uncertainty as the industry's main current challenge.
First responsible, conflict-free artisanal gold supply chain operational in Congo
The Just Gold project is the first to successfully trace conflict-free and legal artisanal gold from mine site to export applying regional and international standards.
This is KORE Geosystems’ plan to #DisruptMining
The Toronto-based company's solution for data acquisition while drilling received $500K in funding.
BHP likely to open Jansen potash mine in Canada by 2023
Company could seek approval from the board for Jansen's expansion as early as June 2018, said chief executive Andrew Mackenzie.
These 5 trends will boost copper demand
Increasing demand for efficient building systems, electric vehicles and renewables generation could add more than 4 million tonnes of annual copper use by 2030, a study shows.
Will next market crash be like 2008 or 1973?
History predicts an amazing run in gold and gold stocks.
Eldorado to take full control of Integra Gold as its expands to Canada
Move is part of an ongoing effort to strengthen its position in the home country, particularly around the gold-rich Eastern Abitibi region, in Quebec.
