B.C. mulls rescue as miners struggle
Energy and Mines Minister Bill Bennett rang in 2016 with thoughts of a potential rescue package for B.C.’s beleaguered mining industry on his mind to ward off potential shutdowns.
Latest Stories
Argentinian lithium-potash project sold for $5 million
Canadian merchant bank Aberdeen International (TSX:AAB) has purchased a lithium-potash project in Argentina through a share purchase agreement valued at CAD$5 million.
Malaysia may suspend bauxite mining
Malaysia is pushing to suspend bauxite mining due to concerns about its impact on the environment, a cabinet source said on Saturday, threatening to interrupt supplies of the aluminium-making material to China.
Chinese-funded study considers rail link for Ring of Fire
The study ballparked at $10 million is expected to take less than a year, and could revive interest in the much-maligned chromite deposit.
Comstock Mining updates progress of Lucerne “Harris Portal” Underground
The company remains on schedule to complete the first phase of the portal, drift, drilling, and evaluation of these results by early February.
BC mining companies may get help paying for electricity
BC Hydro expects to raise rates by 28% over the next five years.
Osisko increases ownership of Falco Resources
An early warning report.
Banro announces US$98.75 million financing with Resource FinanceWorks
Includes a a gold streaming transaction relating to the Twangiza mine.
Trucking companies report shortage of drivers
Industry leaders predict they'll need to hire 890,000 drivers over the next decade to keep up with growth and replace retirees.