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British Columbia.
British Columbia is a province with a rich mining history and a wealth of mining potential yet undiscovered. Early mining operations brought gold and coal to the surface; today, these and many other valuable minerals are bringing prosperit...
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Seabridge Gold’s growing Iron Cap deposit could offer alternative development for KSM Project
Seabridge Gold is considering moving its Iron Cap deposit earlier in the KSM Project mine sequence based on encouraging 2017 drilling results that suggest improving size and grade. The deposit could now be developed sooner than the current plan of year 32, potentially improving project economics by deferring capital costs and bringing better grades forward.
Mining, Construction, Taxpayers and Accountant Associations respond to BC budget
British Columbia's 2018 budget maintains support for mining through a one-year extension of the Mining Flow-Through Share Tax Credit (20% non-refundable tax credit) and plans to eliminate PST on industrial electricity by 2019. Industry associations expressed cautious support for mining incentives while raising concerns about new employer health taxes and overall economic competitiveness.
Glacier Lake signs drilling contract for Silver Vista
Glacier Lake Resources has signed a drilling contract with Titan Diamond Drilling to conduct 1,500-2,500 metres of diamond drilling at its Silver Vista copper-silver project in British Columbia. The program will focus on the MR showing, which historically returned significant intercepts including 36.58 metres at 0.49% Cu and 26.8 gpt Ag. The company aims to verify historical results and expand the known mineralization zone.
Rock Star: Mark Bartkoski
Mark Bartkoski, president of Conuma Coal Resources and chairman of the Coal Association of Canada, discusses his leadership philosophy emphasizing employee integrity and operational efficiency. The company has hired 550 people in the past 14 months with plans to hire 300 more, focusing on local employment and community engagement.
New Geoscience BC data to spark mineral exploration investment in northern BC
Geoscience BC released new geoscience data from its Search Phase III project covering 9,600 km² of northern BC, designed to guide mineral exploration and land planning. The $1.7 million project involved helicopter-mounted magnetometer surveys over 40,000 km of flight paths, highlighting potential copper and other metal deposits with unprecedented accuracy.
Kootenay West gypsum mine granted an environmental assessment certificate
CertainTeed Gypsum Canada Inc. has received an environmental assessment certificate for its Kootenay West gypsum mine in British Columbia, a 135-hectare open-pit operation expected to produce 400,000 tonnes annually over 43 years. The project will replace the company's existing Windermere Operations near Invermere and includes extensive environmental protections developed in collaboration with the Ktunaxa Nation and Shuswap Indian Band.
Colorado drills 188 meters of 0.41 g/t Au and 0.32% Cu extending mineralization at North ROK
Colorado Resources reported results from a 2,529.4m six-hole drilling program at the Mabon Zone of its North ROK Project in northwestern British Columbia. The program successfully extended known mineralization beyond the 2014 Inferred Resource limits, with the best intersection being 188m of 0.41 g/t gold and 0.32% copper. The results demonstrate that porphyry copper-gold mineralization extends over apparent widths up to 200m along a 600m strike length to depths of 500m.
Westhaven commences ground geophysics on its Shovelnose Gold Property
Westhaven Ventures has commenced ground geophysics on its 18,768-hectare Shovelnose gold property in BC's Spences Bridge Gold Belt. The company is conducting 11 line kilometres of ground magnetics to extend coverage south of the Alpine South Zone and improve drill targeting following recent drilling that intersected 85 metres of 0.52 g/t Au.
FPX Nickel reports new surface samples expanding large-scale Van Target at Decar Nickel District
FPX Nickel announced new surface sampling results from the Van Target at its Decar Nickel District in central BC, defining a 2.9 square kilometer mineralized area with DTR nickel grades comparable to the company's Baptiste deposit. The Van Target is now considered drill-ready and potentially more compelling than Baptiste was before initial drilling in 2010.
New name, new beginning
North Coal Limited, formerly CanAus Coal Limited, rebranded in November 2017 and is developing the Michel Coal Project in BC's Elk Valley with over 100 million tonnes of in-situ metallurgical coal. The company plans to become a new coal producer within 3-4 years, with an estimated mine life of 20-30 years.
Azincourt Energy signs Definitive Agreement to acquire five lithium projects in Manitoba
Azincourt Energy signed a definitive agreement to acquire up to 100% interest in five lithium exploration projects covering 6,000 hectares in Manitoba's Winnipeg River Pegmatite Field. The projects include drill-ready targets with historical estimates and recent sampling showing lithium grades up to 4.33% Li2O, positioning the company in Canada's premier lithium district.
Golden Dawn completes dewatering at Greenwood Precious Metal Project
Golden Dawn Minerals has completed dewatering at its Lexington mine within the Greenwood Precious Metal Project in BC, finding underground workings in excellent condition. The company is advancing toward production restart in Q2 2018 with $2 million in remaining startup costs and completed a $337,500 private placement financing.
Skeena intersects 19.26 g/t gold over 11.85 metres at Snip
Skeena Resources reported high-grade gold intersections from underground drilling at its Snip project in BC's Golden Triangle, with the standout result of 19.26 g/t gold over 11.85 metres from hole UG17-035. The drilling successfully extended the Twin Zone mineralization and identified new zones like the 412 Zone, with results still pending from 21 additional holes.
Application made to increase Brucejack production to 3,800 tonnes per day
Pretium Resources has submitted an application to British Columbia regulators to increase production at its Brucejack Mine from 2,700 to 3,800 tonnes per day. The expansion would boost annual production capacity from 0.99 million tonnes to 1.387 million tonnes, with preliminary engineering estimates suggesting capital costs of less than US$25 million for the required mill capacity upgrades.
A green debate
Canada's National Contact Point dismissed a complaint by the Southeast Alaska Conservation Council against Seabridge Gold's KSM project environmental assessment process. The NCP found that Seabridge had properly disclosed environmental studies, engaged with Alaskans during the assessment process, and followed rigorous environmental review procedures. KSM is described as Canada's largest gold reserve and a proposed 52-53 year mine life project located 65km north of Stewart, BC.
Ajax open-pit copper and gold mine not granted an environmental assessment certificate
British Columbia ministers denied an environmental assessment certificate for KGHM Ajax Mining's proposed 1,700-hectare open-pit copper and gold mine near Kamloops. The decision was based on 53 identified adverse effects across environmental, economic, social, heritage and health categories, with 21 effects deemed moderate-to-high magnitude and unacceptable risks to Indigenous rights and nearby communities.
Government of Canada approves the Murray River Mining Project
The Government of Canada approved HD Mining International's Murray River Mining Project in central British Columbia to mine metallurgical coal for steel production. The approval comes with 104 legally-binding environmental conditions, including the first-ever greenhouse gas emissions cap for a coal mine at 500,000 tonnes CO2 equivalent per year.
Register now: 2018 Vancouver Resource Investment Conference (VRIC18)
The 2018 Vancouver Resource Investment Conference will take place January 21-22, 2018 at the Vancouver Convention Centre West. The conference, co-produced by Cambridge House International and Katusa Research, is billed as the world's largest resource investment conference with 250+ exhibitors, 60+ speakers, and 8,000+ expected investors focusing on the clean energy transition's impact on mining demand.
Antofagasta signs agreement with Evrim for Axe Project in B.C.
Evrim Resources signed a joint venture agreement with Antofagasta plc subsidiary for the Axe copper-gold porphyry project in British Columbia. Antofagasta can earn 70% interest by spending US$50 million on exploration over ten years and completing a PEA. The 50 square kilometer property contains four known porphyry targets with historic drill results including 124.5m @ 0.35% Cu and 0.22 g/t Au.
VRIC & AME Roundup bring high level speakers to Vancouver’s Mining Week
The Vancouver Resource Investment Conference (VRIC) will take place January 21-22, 2018, featuring over 65 speakers including Jim Rickards, Peter Spina, and Rick Rule. The AME Roundup conference will follow January 22-25 at the same venue, creating Vancouver's Mining Week.
Antofagasta signs agreement with Evrim for Axe Project in B.C.
Evrim Resources announced a joint venture agreement with Antofagasta allowing the mining giant to earn a 70% interest in the Axe gold-copper porphyry project in British Columbia for US$50 million in exploration spending over ten years. The 50 square kilometre property contains four known porphyry targets and is located in a proven mining belt hosting several producing mines.
Platinum shines bright: Honouring Canada’s best in corporate reporting
Chartered Professional Accountants of Canada announced the winners of its 66th annual Awards of Excellence in Corporate Reporting, with mining companies Barrick Gold, Goldcorp, and Teck receiving the top Platinum Awards alongside BMO Financial Group. Several other mining and energy companies including Agnico Eagle Mines, PotashCorp, Cameco, and Suncor Energy received Gold and Silver awards for excellence in various reporting categories.
FortisBC announces appointment of Roger Dall’Antonia as new President and CEO
FortisBC announced the appointment of Roger Dall'Antonia as President and CEO of FortisBC Inc. and FortisBC Energy Inc., effective immediately. Dall'Antonia has over 20 years of energy sector experience and has been with FortisBC for 13 years in various executive roles. The appointment is part of a broader leadership restructuring that includes David Hutchens taking on oversight of western Canadian utility operations.
Seabridge Drilling confirms promising gold target at Iskut Project
Seabridge Gold completed its first exploration program at the Quartz Rise target within its Iskut Project, drilling 10 holes totaling 4,459 meters. The program identified a gold-bearing epithermal system with high-grade intercepts including 74.1 g/T gold over 1.5 meters, confirming the target's potential for significant discovery.
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