New Brunswick Mining News

Osisko Metals re-analyzes Key Anacon, seeks greenfield targets

The company has applied an innovative geological analysis of the Key Anacon deposit and the Bathurst Mining Camp, and pinpointed 10 new greenfield exploration targets.

Saskatchewan best place to mine in Canada

The Fraser Institute has released its annual ranking of the best jurisdictions for mineral investment. Four of the top 10 places are Canadian provinces.

Osisko cuts 9.15% Zn+Pb and 0.54% Cu at Key Anacon

Osisko Metals considers the exploration potential to be high both at Key Anacon and adjacent properties it owns.

Explorex Resources scraps plans to buy battery metals project in Finland

The Canadian miner won't be buying the Hautalampi cobalt, nickel, copper project in eastern Finland at this time due to financing issues.

Galway discovers new gold zone at Clarence Stream project

Galway Metals has discovered 7 metres of visible gold starting 51 metres downhole in a new area of its Clarence Stream project in New Brunswick.

Osisko Metals offers 2018 highlights, 2019 outlook

Last February the company acquired Pine Point Mining and initiated the largest active drill program in the Northwest Territories.

TomaGold consolidates Monster Lake, acquires Irene Lake property

TomaGold will own a 50% interest in the Monster Lake property, with IAMGOLD holding the other 50%.

Explorex Resources begins drilling for cobalt in Canada’s New Brunswick

The Canadian junior miner is taking advantage of a window of opportunity presented by a local drill company to complete two holes prior to the Christmas break.

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

The same hole also intersected a separate copper rich zone.

X-Terra Resources to acquire 100% interest in four New Brunswick properties

The company says is has completed due diligence on the acquisition of the properties.

Nutrien permanently shutters New Brunswick plant

Nutrien says it will focus on increasing potash production in Saskatchewan where operating costs are lower and no capital needs to be invested.

Anaconda Mining grows footprint in Atlantic Canada, creates ExploreCo

Anaconda has been busy trying to grow through mergers and acquisitions. Last year, it acquired its first project in Nova Scotia — Goldboro — through the acquisition of Orex Exploration. And in February, it added a new deposit to Great Northern Project in Newfoundland.

Great Atlantic to drill for base/precious metals in New Brunswick

The company has just received a diamond drilling permit for up to 10 holes.

Canada to fully phase out coal power by 2030

Gov’t will work with the four provinces that still burn coal to reach the goal of making sure 90% of Canada's electricity comes from sustainable sources by 2010.

Canadians spent over $32bn in mining acquisitions in first half of 2016

Overall, Canadian deal-making in the first half of the year fell in line with the global cooling down trend that has followed the record valuations of 2015.

Decision on TransCanada's Energy East closer than ever as federal board begins review

The East Energy pipeline is expected to generate $55 billion in economic benefit for Canada and create over 3,300 operational jobs across the country.

Authorities to assess unwanted potash deposit in Canada's New Brunswick

Province wants to assess the remaining potash resource, if any, near the now closed Penobsquis mine.

TransCanada's Energy East pipeline faces Quebec injunction

The provincial government asked the court to order a halt until the project has complied with the environmental laws in place.

PotashCorp mothballs Picadilly mine, leaves more than 420 jobless

The indefinite suspension of the Picadilly mine, in Canada's New Brunswick, is expected to cut the company's capital costs by $50 million in 2016 and $135 million over the next two years.

TransCanada’s Energy East pipeline costs up 30 pct to $15.7bn

The firm has filed an amended application, which makes nearly 700 changes to the route in response to concerns about environmentally sensitive areas.

Junior spikes 37% on tungsten-moly mine approval

Okay from New Brunswick government comes with 40 environmental conditions.

Job-seekers in Alberta consider move east as opportunities arise in The Maritimes

The Maritimes have long been portrayed as an area of economic stagnation, with a stream of job-seekers headed to all points west. However, it may be time to re-evaluate that depiction.

New study says Energy East Pipeline would hurt whales

Report claims that noise from tanker traffic causes heightened levels of stress for the North Atlantic right whale, hindering the mammal’s ability to communicate.

Groups ask Gov’t to suspend TransCanada Corp’s Energy East pipeline application

More than 60 Canadian groups are urging the National Energy Board to suspend its review of TransCanada's application for its Energy East pipeline.

Maine’s mining rules review may open door to Canadian gold, copper project

Canada's J.D. Irving Ltd. hopes to build a massive open-pit copper and gold mine at the state's Bald Mountain.