Canada Mining News

Barrick says copper operation in Saudi Arabia not affected by diplomatic dispute

The Canadian miner said it has a strong relationship with partner Ma’aden.

Premier Gold revenues decline on changing geological interpretations

At Premier's Mercedes Mine production and costs were impacted by differences in the orebody geometries as compared to the original models. 

Linamar sees higher metals costs as 'opportunistic' U.S. companies hike prices

The U.S. Commerce Department said it was investigating recent steel price hikes to determine whether some market participants were "illegitimately profiteering" from 25 percent tariffs introduced by Trump on steel imports.

Latin America-focused copper miner now eyeing Canada

Westminster Resources to buy a land package in the Ronge district of Saskatchewan.

Water shortage threatens BC copper-gold mine

Not the first time.

Canadian junior ready to start drilling for copper in Spain

Pan Global’s subsidiary Minera Águilas has received the necessary permits to start its exploration campaign on the first two sections of the Águilas project.

Canada's Kinross Gold puts Mauritania mine expansion on hold

Kinross Gold Corp said on Wednesday it was "pausing" expansion work at its Tasiast gold mine in Mauritania after a government request for talks to improve the country's economic benefits from the miner's activities.

Barrick Gold makes China investor push as markets slump

Barrick Gold Corp will make a bigger push to attract institutional investors in China under a new deeper-ties pact with Shandong Gold, aimed at bolstering its shareholder base, executives told Reuters.

Replenishing economic diamond resources, a daunting task for miners

Given that most of the high-economic diamond deposits in the world have already been put into production, diluted via expansion, or depleted, going forward the economics of diamond mines will inevitably gravitate towards higher-cost, lower-value operations.

Imperial testing driverless oilsands haulers at Kearl

Imperial Oil says it has commenced and is ready to expand field testing of driverless oilsands heavy haulers.

Canadian craft brewers scramble for aluminum cans

Canadian microbreweries are facing a shortage of cans and higher costs, forcing some to cut beer production after the country imposed retaliatory import duties on U.S. aluminum imports in the busy summer season.

McEwen Mining posts loss on strong investment to grow key assets

The Canadian precious metals miner logged a $10.6-million net loss for the first half of the year following a $49-million investment in its Gold Bar, Black Fox and Los Azules projects during the period.

First Quantum extends copper hedging, even as trade war clips prices

The miner said it aims to ensure a level of cash flow for its $6.3 billion Cobre Panama project ahead of commercial production.

US State Department sees ‘minimum’ impact from Keystone XL new route

The alternate route approved last year by Nebraska regulators is expected to have minor to moderate effects on three of the eight environmental categories the U.S. State Department assessed.

Caterpillar says tariffs will wipe out up to $200M

Demand for mining as well as oil and gas equipment is so strong that the company said it was taking orders for delivery well into 2019.

Pebble’s Draft Environmental Impact Statement to be ready in January

A “scoping report” based on 175,000 comments will be published in August 2018.

Workers at First Quantum's mine in Spain go on strike

They are demanding hazard pay for subcontractors.

South African diamond fetches half a million dollars

The gem was sold on tender for $11,267 per carat.

Eldorado expects higher gold production in 2018

The Vancouver-based miner said that the expected growth would be driven by Kisladag, its flagship gold mine in Turkey.

Teck Resources says poised for growth, names new chair

The world's second-biggest exporter of steelmaking coal stuck to its annual production forecast of 26 million to 27 million tonnes.

Lundin Mining launches hostile $1.4 bn bid for Nevsun

Lundin Mining Corp launched a hostile takeover bid for fellow Canadian base metals miner Nevsun Resources Ltd on Thursday, saying it had failed to convince Nevsun's board to agree to a friendly deal over the past nine months.

End may be in sight for strike at British Columbia's Mount Polley mine

An end to an eight-week long strike at the Mount Polley copper mine may be in sight, following a tentative agreement reached between the union and Imperial Metals (TSX:III).

Barrick Gold reports Q2 loss of US$94 million

Barrick said earnings and cash flow impacted by planned maintenance activities at Barrick Nevada and Pueblo Viejo.

Steelworkers at Mount Polley to vote on tentative deal

Some 200 members of the United Steelworkers (USW) at Mount Polley mine near Williams Lake, B.C., are set to vote on a tentative agreement following an eight-week strike in response to a company lockout and attempts to extract concessions.

McEwen mining Black Fox exploration news

TORONTO, July 25, 2018 (GLOBE NEWSWIRE) — McEwen Mining Inc. (NYSE:MUX) (TSX:MUX) reports additional encouraging exploration results from its ongoing $15 million exploration program at the Black Fox Complex near Timmins, Ontario, Canada. McEwen’s 2018 […]