Canada Mining News

Seabridge Gold closes $19.7 million private placement of flow-through shares

The proceeds from the financing will be used to fund a 2018 exploration program at the Company's KSM project in Northwestern British Columbia, Canada.

Alcoa ready to resume labor talks for Canada aluminum smelter

The smelter, which produces some 430,000 metric tonnes of aluminum annually, has been operating at reduced capacity by non-union workers since Jan. 11.

WGC latest report shows how weak gold demand has been this year

Global demand dropped so much between January and March that the period became the weakest first quarter since the 2008 financial crisis.

Developer increases gold resources at project with 'district size potential'

Canaccord Genuity reported that Marathon Gold Corp. released an updated resource on its Valentine Lake gold project in Newfoundland.

Ontario partners with First Nations to share forestry and mining revenues

Ontario and First Nations partners have signed historic resource revenue sharing agreements in mining and forestry – the first of their kind in the province.

Brazil's Sigma Lithium to list in Toronto next week

The Brazil-based lithium mine developer eyes a wave of demand for the metal used in rechargeable batteries for iPhones and electric cars.

You don't have to dig a mine to run one, female leaders say

The materials industry, which includes miners, trails all other sectors in the Bloomberg World Index on rates of female participation.

Yamana exceeds gold production plans in Q1

The Toronto-based miner expects to stay in line with its 900,000 ounces production guidance for 2018.

Fuel tax rebate comes into effect for Nova Scotia-based mining companies

Provincial fuel tax is supposed to help pay for public roads and highways by charging the vehicle owners who use them. The Nova Scotia government gives other resource industries a tax rebate for fuel used in vehicles that do not go on public roads, such as fishing boats, farm tractors and forestry harvesters.

StrikePoint grabs historic Porter Idaho silver asset from Skeena

Skeena will receive Cdn$1.75 million in cash plus another Cdn$1.75 million in StrikePoint common shares at a value of Cdn$0.225, based upon the 20-day average price of the stock.

Fort Hills oilsands ramp up surges over 100,000 bbls/d

The most recent data available from the Alberta Energy Regulator — for December 2017 — shows Fort Hills at 11,525 bbls/d.

Chaarat Gold offer to Centerra values Kumtor mine at $800 million

The proposed acquisition means Chaarat would own Kumtor and will have control over management and operations of the mine.

Battery metals supply crunch to slow near-term EVs growth — Moody's

Lack of new projects, investment deficit and increasing political risk will hit supply of cobalt, lithium, copper and nickel, key metals for making the batteries that power electric cars.

Western Canada miner wants new copper property in B.C.

Most records of early exploration work on the property have been lost.

Mining group sounds alarm in Canadian railway legislation fight

The Mining Association of Canada - representing firms including Barrick Gold Corp. and Teck Resources Ltd. - expressed “profound disappointment.”

Halted Botswana diamond mine to be sold at online auction

The Lerala Mine was opened in 2008 and had to be shut twice due to weak sales, until it was placed under judicial management last year.

Barrick, NovaGold project in Alaska gets key environmental approval

Bringing the project to production is expected to take about four years, but Donlin gold project is still has a long way to go in the permitting process before construction and operations can begin.

Why the lithium bears are wrong

What the bears seem to have in common is the belief that a rush of new lithium supply will soon hit the market.

Canadian miner halts operations in Peru due to community protests

Pan American Silver management has engaged with the protesters in a mediation process.

Lucara recovers another big diamond in Botswana

The rock weighed 327 carats and it is a top white gem diamond.

CIM selects Samantha Espley as its new Incoming President Elect 2020-2021

Espley is very active in the mining community as a board member of MIRARCO and the Canada Mining Innovation Council.

World’s top uranium miner Cameco back in the black

But the Canadian company said the uranium market remained “quiet.”

China says Chile move to block $5bn SQM lithium deal could be harmful

If China’s Tianqi grabs a stake in Chile’s SQM, the world’s lowest cost lithium miner, it would mean the top three producers would control at least 80% of the total market, Chile’s government has said.

Canadian junior expands in Peru

Auryn Resources announced that it is close to becoming a big player in the Andahuaylas-Yauri belt in southern Peru.

Canadian Miner Agnico to divest cobalt assets, sells gold interests

Agnico said it started a strategic review on selling about 2,100 hectares of the Coleman and the South Lorrain cobalt-rich properties in Canada.