Canada Mining News

Tasca continues to expand in BC

The company said the expansion of the New Princeton Gold discovery area made sense following a recent gold discovery from the bedrock trenching.

Yamana will continue to invest in Argentina: exec

Earlier this year, Yamana announced a hike in its exploration budget to $11.2 million from the previous $9 million.

Barrick keen on Guyana Shield, Canada for exploration -executive

The giant also said it wants "more exposure" in Canada.

McEwen’s Gold Bar mine on track for commercial production in Q1 2019

The mine is expected to produce an average of 62,000 ounces of gold a year over a seven-year mine life .

Teck to name partner in Chilean copper project in December

Canada’s largest diversified miner is also studying a Phase 3 for Quebrada Blanca, which would double the mine’s capacity to 600,000 tonnes of copper a year from the 300,000 it’s expected to achieve once Phase 2 is completed.

World Gold Council announces update to AISC guidance

It is expected that companies may choose to use the updated guidance starting January 1, 2019.

White Metal expands property during Newfoundland's gold rush

White Metal is expanding its gold property located in the Botwood Basin.

OceanaGold to acquire gold/silver project in Nevada

The Melbourne-based miner is interested in the Highland gold/silver project, located within the Walker Lane Gold trend.

Supreme Court to hear appeal in Innu-Rio Tinto dispute

The Innu First Nations filed their lawsuit in 2013, seeking compensation of $900 million.

Sandstorm Gold board approves $18m share buyback, shares jump

The 18.3 million shares represent approximately 10% of Sandstorm’s current shares outstanding.

Fortune reports Northwest Territories Government selection of proponent to construct Tlicho Road

North Star Infrastucture, a consortium of Kiewitt, Hatch & Thurber to construct all-season road.

Industrial IoT a key force in reducing the environmental impact of the mining sector, finds Inmarsat

Research finds almost half of mining organizations are pursuing Industrial IoT to improve environmental footprint and resource efficiency.

Silver Range to sell Nevada gold mine

Silver Range sampled the back of a collapsed stope in the Gold Chief property and the results returned 14 m at 1.93g/t gold including 4 m at 3.86 g/t gold.

Zinc One receives positive results from Peruvian project

Results are from the Bongará Zinc Mine located in north-central Peru.

Miners' spending on hunt for copper, EV metals hits $10 billion

Budgets jumped about 19%, outpacing last year’s gain.

University of British Columbia students win World Mining Competition

A large component of every World Mining Competition case is an extensive financial analysis.

Rio Tinto wants a piece of Teck’s copper project in Chile

Canada’s largest diversified miner has been looking for a development partner for the $4.8-billion extension of Quebrada Blanca copper mine in northern Chile.

Stornoway Diamond shares down on $37 million loss, departure of CEO

CEO Matt Mason will be replaced by chief operating officer Patrick Godin, who joined Stornoway in 2010 and was appointed to the board of directors in 2011.

Xiana pays Glencore $25 million for Chilean operation

The Vancouver-based miner acquired Altos De Punitaqui, a producing copper-gold operating company.

Ivanhoe Mines shares jump as it finds new copper-rich area in Congo

Exploration drilling at the Kamoa North prospect area, which forms part of the company's Kamoa-Kakula mining licence, has defined two new, continuous corridors of shallow and high-grade copper mineralization.

Worker strike forces IAMGOLD to suspend operations at Suriname mine

The miner said the strike is a breach of the Collective Labour Agreement.

Pan American Silver buys Tahoe Resources for $1B

Deal creates one of the world’s biggest silver mining companies.

Osisko cuts 13% zinc and lead in Titan zone at Key Anacon project

The same hole also intersected a separate copper rich zone.

Azincourt, New Age sample high grade Li2O at Lithium One

The results follow a comprehensive ground mapping and sampling field program this summer.

Colonial Coal floats PEA for Gordon Creek mine

The project has a pre-production capex of $300 million with additional sustaining capital of $406.0 million.