Canada Mining News

Vale to get $1.35 billion less for fertilizer business

The South American miner wants to retain control of the TIPLAM port terminal, which is an asset originally included in the deal.

Patagonia Gold to pay $15 million for gold/silver project in Argentina

Patagonia’s plans have reignited a long-standing debate related to the environmental risks of open-pit operations that use of cyanide leaching technology.

On December 31, centenary Ontario gold mine shut down

The Dome underground mine was the longest continuously operating mine in Canada.

On hold since 2015, oil sands project to pump at 10,000 bopd

New life was breathed into the Canadian oil sands with a decision by foreign-owned Harvest Operations Corp to commission its BlackGold project south of Fort McMurray.

Osisko Metals pays $34 million for NWT lead-zinc mine

Between 1964 and 1987 the Pine Point mine, operated by Cominco, produced 64 million tonnes grading 7% zinc and 3.1% lead.

Centerra Gold halts mill operations in British Columbia due to lack of water

About 20% of the world’ fresh water is found in Canada.

Trek Mining merges, now trades as Equinox Gold

The new company based in Vancouver will focus on finishing construction of the Aurizona Gold Mine in Brazil.

Yamana Gold shares jump 5% on asset sale

Agnico-Eagle, the Toronto-based company's partner in giant Canadian Malartic mine, buys the JV's exploration assets for $162m.

Workers end strike at Teck’s mine in Chile

Union No. 1 was asking for a bonus scheme that would put the organization on equal footing with the Quebrada Blanca's two other unions.

Outback's nascent gold rush hits speed bump on drill results

The nascent gold rush in Western Australia’s remote outback hit a speed bump after a key player reported disappointing drilling results.

Barrick and Shandong join forces at Minera Andina del Sol

A new joint venture has been born.

Millennial expands lithium operations in Argentina

New acquisition would increase the Canadian company's holdings in Salta to 8,664 hectares.

Lithium rookie posts dizzying gain as promoter praises

The penny stock surged 250 percent in October when both the price of lithium and a benchmark of producers posted single-digit returns.

Why a small Canadian city wants to buy shares in Rio Tinto Alcan

People in Kitimat are worried about SO2 emissions.

#OnlyinCanada: Homeless man helps recover lost diamond ring

A homeless youth who got a 14-carat gold ring with square-cut diamonds by mistake. What happened later is almost unbelievable.

Value of top 50 mining companies surge $140 billion in 2017

More than half the 2017 combined market cap gains for the world's largest listed miners accrued to just five firms as gold producers drop out of top 10.

Filipino miners to adopt Canadian sustainability standard

The country will tailor the protocols to reflect the unique aspects of its domestic mining sector.

The Torex saga in Mexico continues: Work contracts ended amid blockade

The suspension is in response to a 40-day long blockade at its El Limón-Guajes gold mine.

Sulphur prices spike, traditional fertilizer makers struggle

Sulphur prices rose to about $110 a tonne this quarter, $36 more than what the product cost last quarter.

Namibia Rare Earths one step closer to getting mining license

A 2014 Preliminary Economic Assessment concluded that the Lofdal project has the potential to produce an average of 1,500 tonnes per annum of separated rare earth oxides.

NextView to acquire Lithium X Energy Corp.

Chinese investment firm NextView has agreed to acquire all of the issued and outstanding common shares and warrants of Canadian Lithium X.

Acacia to sell Burkina Faso asset for $45 m to Canada's Sandstorm Gold

The deal is expected to close early in the first quarter of 2018.

World’s top bullion producer to sell former world’s highest-grade gold mine

The deal was signed between Barrick Gold and Skeena Resources.

Columbus-Nordgold project in French Guiana to move ahead

Before any heavy equipment touches the ground, Columbus and Nordgold have to go through a public consultation and receive required permits.

Ecuador expects $1 billion in mining revenues for 2018

Back in September, the expectation for 2018 was of $488 million in revenues from industrial mining.