Canada Mining News

These doomsday preppers are starting to switch from gold to bitcoin

Doomsday preppers in North America bet on bitcoin; cryptocurrency is starting to impinge on gold's appeal.

Union at Alcoa Canada aluminum smelter backs strike mandate

Collective agreement for 1,030 unionized workers expires 11:59 EST Wednesday, after workers can legally strike and Alcoa will have right to lock them out.

Fort McKay and Mikisew Cree First Nations complete purchase of 49% interest in Suncor's East Tank Farm Development

Deal represents the largest business investment to date by a First Nation entity in Canada.

Monarca Minerals wants to acquire property in Chihuahua

San José is a 5,580-hectare property that shows multi-element mineralization.

World’s largest potash producer to report negative growth: analysts

“The company remains exposed to a weak pricing environment," the analysts say.

Nebraska OK's Keystone XL Pipeline, but more obstacles in the horizon

State has approved controversial project but insisted on alternative route, could add further complications.

Copper Mountain bids $70M for Altona Mining

The Vancouver-based miner wants to form a major new copper producer.

Canadian agency clears up world’s largest gold project permitting process

Canada’s National Contact Point (NCP) said complains from an Alaskan group don't merit further examination, closing the file after only the initial assessment level of review.

Canada's Wealth Minerals, Chinese firm to bid for world’s largest lithium miner

The two firms are just the latest names in a long list of companies that includes major players such as Rio Tinto, interested in grabbing a stake in Chile’s Chemical and Mining Society (SQM).

What history says for gold stocks in 2018-2019

"Back in March of this year we noted that the gold stocks could be following the path of recovery of housing stocks since their 2009 bottom."

Canadian diamond producer to resume mining off Namibian coast

In an alliance with International Mining and Dredging Holdings, the Canadian miner ran a bulk sampling program whose results "were extremely encouraging."

Nevada Copper names new VP-COO, updates Pumpkin Hollow project

The company's new strategy includes a pre-feasibility study that envisions a high-grade underground mine and puts on hold development plans for the project’s larger open-pit deposit.

Rio Tinto's M&A madness

Some companies are good at takeovers. Rio Tinto Group isn't one of them.

Canadian diamond discoveries could close pending supply gap

With global diamond demand forecast to grow at approx 3.5% annually over next five years, a supply gap down the line seems inevitable if forecasts hold.

'Explorer of the Year' recipient convincingly updates resource in a booming zinc market

The Critical Investor profiles a company exploring a high-grade zinc property, and explains why he believes the upcoming PEA could surprise markets.

South Dakota pipeline spill hits TransCanada shares, Canada crude price

Canadian heavy crude prices and TransCanada Corp shares slid on Friday, the day after the Keystone pipeline spilled 5,000 barrels of oil in South Dakota as officials in Nebraska mulled whether to approve another pipeline proposed by the company.

Northern Quebec iron ore mine to re-open by March

The Bloom Lake mine in northern Quebec will be back in business by March of next year, according to its new owners.

Saskatchewan may set back Canada’s plan to phase out coal by 2030

One coal-fired power plant in Saskatchewan likely won't be retrofitted before 2030.

Number of active mining projects by province ranked

Ontario is number one.

Canadian regulator seeks C$1m penalty per infraction from Omega Securities

Ontario Securities Commission says administrative penalty of up to C$1 million ($784,190) is due to Omega failure to comply with provincial securities law.

Canada says coal not coming back, US and Germany differ

Nearly 20 countries have joined a British-Canadian initiative to phase out coal from power generation before 2030.

Workers to ramp up strike action at Canadian mine in Mexico

Union leaders say that the arrival of 100 officers of the Mexican Armed Forces to the mine spurred the protesters' anger.

Zonte Metals acquires iron oxide copper gold project

According to the company's CEO, exploration is expected to start shortly in the form a ground magnetic survey over portions of the project.

Mining's $45m man eyes an earth-shattering return

Former CEO of Xstrata Plc Mick Davis, who drew criticism for remuneration well above industry norms, now on shortlist for the next chair of Rio Tinto Plc.

Ontario regulator seeks to shut down two Omega trading venues

Ontario Securities Commission seeking suspension of trading in two trading venues run by Omega Securities Inc for failure to comply with market regulations.