June 18, 2024

Another report calls out red tape in Canada’s resource sector

C.D. Howe Institute warns that long timelines for major project approvals of up to 10 years scare away investors and delay projects.

June 18, 2024

Coast Copper doubles size of Sully property near former Teck mine

The Cominco/Teck-operated Sullivan mine was once a major producer of base metals.

June 18, 2024

McEwen Mining raises $22 million to fund Fox Complex exploration in Ontario

The Fox Complex comprises several mine properties covering 70 sq.km. along the Destor-Porcupine fault, also known as the ‘Golden Highway’.

June 18, 2024

Rio Tinto to invest $165 million in Quebec aluminum smelter renovation  

The miner asaid it will offset the carbon emissions related to the construction project through initiatives like planting trees near the aluminium smelter.

June 18, 2024

Alberta’s last coal-fired power plant mothballed

Milestone marks the end of burning coal to provide power in the province.

June 18, 2024

Kenorland hits high-grade gold at Frotet in Quebec

Highlights include one hole that returned 4.7 metres grading 24.16 grams gold per tonne from 83.5 metres depth.

June 18, 2024

Nickel 28 CEO repays $2.3 million, resigns

The company founders had allegedly violated their duties and frequently lacked judgment concerning company policy on insider trading, expenses and ethics.

June 18, 2024

Adventus, Salazar granted key permit for Ecuador copper-gold mine

Construction may be delayed due to a lawsuit filed by locals who want the environmental permit for Curipamba-El Domo revoked.

June 18, 2024

Nevada Copper starts sales process amid bankruptcy proceedings

A US court has granted the miner provisional approval to borrow $20m out of a $60m loan to keep paying salaries and cover other needs.

June 17, 2024

British Columbia coal miner fined for repeatedly violating environmental protection regulations

Conuma Resources as been fined for over 400 environmental protection violations, according to CBC.