Canada Mining News

Noront updates progress at McFaulds No.8 VMS discovery

The company has completed a 2,059-metre copper-zinc focused program at the No.8 deposit.

Probe Metals has potential to attract 'acquisition interest', BMO says

The company's stock was up over 7% by Tuesday afternoon.

Agnico bets on high grade gold as it digs in Canada's remote north

Agnico Eagle Mines is doubling down this year on Nunavut, Canada’s least developed territory.

Teck Resources beats profit estimates on energy business

The world's second-biggest exporter of steelmaking coal posted an adjusted profit of C$568 million ($425.12 million) for the quarter ended March 31.

Ontario miners honour victims of Hollinger Mine fire

Mine rescue teams from more than 20 Ontario mines will mark the 90th anniversary of Ontario Mine Rescue.

Benchmark Metals to start drilling campaign at Lawyers property in BC

Benchmark believes the Lawyers Trend has potential for near 5 million gold equivalent ounces.

Aurania Resources receives C$3m loan from chairman, CEO

The chairman and CEO also participated in the company’s rights offering last month.

Westhaven stock takes hit after Shovelnose drill results

Shares of Westhaven Ventures were down over 12% at market open on Monday.

Japanese owner of Chile’s Caserones copper mine said to be mulling sale

Asked about it, however, JX Nippon Mining — the metal unit of JXTG Holdings — declined to comment, adding it was not something that has already been decided.

Pelangio kicks off drilling program at Dome West property in Ontario

Dome West is a 56-hectare land holding that is adjacent to the former Paymaster Mine property and separated by some 800 metres from Goldcorp’s open-pit Dome Mine.

Barrick, Newmont JV completed, world’s largest gold complex is born

The new business, yet to be named, will be owned 38.5% by Newmont Goldcorp and 61.5% by Barrick.

Canarc's stock jumps on PEA at New Polaris

The study indicates the project could produce 80,000 oz. gold per year over an 8.7 year mine life.

Quebec pension fund boosts share position in Osisko Metals

The Quebec pension fund has been a strategic partner and shareholder in the junior since 2014.

RNC Minerals closes C$12m bought deal financing

RNC recently made a high grade discovery at its Beta Hunt gold mine in Western Australia.

Ximen to expand precious metals exploration efforts in BC

Three British Columbia properties are seeing some action in 2019.

Barrick says Kibali mine on track for another record year

The company achieved preliminary Q1 production of 1.37Moz gold and 106Mlb copper.

Done deal: Newmont Goldcorp becomes world's No. 1 gold miner

Newmont Goldcorp is now the world’s largest gold producer by market value, output and reserves, as well as the only bullion producer listed on the S&P 500 Index.

Kenney win puts maligned Trudeau pipeline law under new pressure

A trio of proposed laws affecting pipeline, environmental and oil shipping laws are working their way through Canada’s Senate as Trudeau’s Liberals gear up for an October election.

Power Ore completes revised Opemiska geological model

The Opemiska complex lies within the Abitibi Greenstone Belt and Quebec’s Plan Nord lands.

GoldMining receives water licence, land use permits for Yellowknife project

Separately, the company was granted two-year extensions to existing land use permits for the Goodwin Lake and Clan Lake properties.

B2Gold’s beats first quarter production targets

Consolidated gold production was 230,859 ounces, 6% (12,704) ounces above budget.

Copper Fox updates exploration at Schaft Creek JV

The property is a potential producer of copper, gold and molybdenum.

Canadian exporters continue to struggle even with rising oil

Canada recorded smaller trade deficits than expected in the first two months of 2019 on a rally in oil prices.

Interactive map pinpoints lead battery energy storage installations globally

Lead battery-powered energy storage highlighted by research consortium’s online map.

Mega-mergers will bring short-lived glory if miners ignore innovation — opinion

Market signals are already showing troubling signs of this shift in the sector.