Agnico-Eagle, the Toronto-based company's partner in giant Canadian Malartic mine, buys the JV's exploration assets for $162m.
Quebec Mining News
The non-brokered private placement gives Barrick about 15% of Reunion Gold Corporation (TSX-V:RGD), which has interests in four different projects in South America’s North Atlantic coast.
The Bloom Lake mine in northern Quebec will be back in business by March of next year, according to its new owners.
All over the world, it seems, geologists are revisiting old mine plans in a collective new zinc rush.
People living close to the large open pit mine in Quebec’s Abitibi region, want to be compensated for damages related to dust, noise and explosions they claim to have been exposed to for many years.
The study found Canada's oil sands had a substantial impact on Quebec's economy in terms of employment, gross domestic product (GDP) and tax revenue, in a 12-month period between 2014 and 2015.
3,000m campaign on Zone 25 seeks to confirm the extension of gold mineralization to the west and follow up on previous results that include 21.05m of 4.94g/t Au
Joint venture will focus on nickel assets, particularly the Quebec-based Dumont project, which is expected to become the world's fifth largest nickel sulphide mine.
While wew mines continue to open in British Columbia, the perceptionis that the province is no longer a welcome place for mineral exploration.
On the level of transparency in the approvals process, jurisdictions in the US, Australia and Scandinavia performed better than Canada, a fresh report by the Fraser Institute, shows.
The miner says the decision is clearly “abusive” and it evidences “an excess of jurisdiction,” reason why it will appeal the resolution.
The junior miner has begun proceedings against the Quebec Ministry of Forests, Wildlife and Parks (MFFP) in the superior court over a denied permit.
Richmont up more than 12% after drilling program at producing Ontario mine increases reserves by more than a third and lifts average grades to 9.2g/t gold.
Drilling at Balmoral Resources' Bug South gold deposit continues to return high-grade gold mineralization, leading one analyst to increase his estimated resource target at Martiniere.
Global rough diamond production will reach its peak in only three years before entering into a supply deficit by 2020, two separate reports show.
Platform aims to help local suppliers bid for contacts related to the Plan Nord, a provincial initiative to invest about $1.3 billion in infrastructure and other projects over the next five years.
Good news for mining in Quebec, the majority French-speaking Canadian province, has come from Stornoway Diamond Corporation (TSX:SWY), which officially opened its Renard diamond mine last week.
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.
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.
While Falco Resources fully owns the Quebec-based Horne project, Glencore has the right to buy back the 65% stake in the mine it inherited when it bought Xstrata.
A former operating gold mine in Quebec could be back in business by 2020 according to Falco Resources (TSXV:FPC), which released a PEA on its Horne 5 gold project.
Toronto junior's shares up 14% after grabbing samples ranging from 5g/t to 198g/t gold over 15km of strike length at its newly-consolidated Qiqavik project.
The provincial government asked the court to order a halt until the project has complied with the environmental laws in place.
Growing wait times for permits may hinder Canada's ability to take advantage of its considerable mineral potential, warn experts.
The open-pit mine – the largest in Canada near an inhabited area – is expected to create 475 construction jobs and 375 permanent positions.