Canada Mining News

Gold juniors’ Q2’18 fundamentals

The key to success is staying informed and buying low when others are scared, before undervalued gold stocks soar much higher.

Copper price: Ford recall puts EV charging infrastructure in spotlight

Carmaker recalls more than 50,000 electric vehicle chargers in North America, where aluminum often substitutes for domestic copper wiring, over fires.

The business of heat: British Columbia resource sector struggles to beat the heat

The province’s businesses grapple with the challenge of rising costs, threats to natural resources and changes in consumer spending patterns.

Centerra, Kyrgyz Gov’t delay completion of deal over Kumtor mine

Extension of the deadline, the fifth one so far this year, seeks reaching final agreement that would end long-running dispute over the country’s largest gold mine.

Avino can raise $25m through F-3 filing

The Form F-3 will provide Avino with a strategic option to finance continued growth.

Great Bear Resources announces high-grade discovery

Great Bear Resources today reported a significant new high-grade gold discovery in the Hinge Zone at its Dixie Project in the Red Lake District of Ontario.

Planes and trains oust miners from top ranks of Canada benchmark

Companies that make and move things are now a bigger part of Canada’s stock market than those that dig them up.

Chinese, Canadian-Finnish, Cypriot firms bid for Serbia copper mine

China's Zijin Mining, Canadian-Finnish fund Champion and Cyprus-based U Gold have bid for a strategic partnership in RTB Bor, Serbia's only copper mine and smelter.

Gold output in key countries to slump to ‘generational’ lows — report

Bullion production grew for nine consecutive years to reach an all-time high in 2017.

Dalradian shareholders advised to back Orion Mine’s $230m takeover bid

The offer is priced at a 62% premium to the explorer’s share price at close on June 20, a day before it was announced.

Vancouver-based electric-vehicle maker goes to market

Vancouver-based company Electra Meccanica has pre-orders worth $2.4 billion.

Canadian miner looks for vanadium in its own backyard

Vanadium prices have risen by 300 per cent since 2017.

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.