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Extreme construction: Mountain edition
Axis Mountain Technical Inc., a specialized mountain construction company founded in 2013, has built strong relationships with mining companies including Pretivm Resources through challenging construction projects at remote mountain sites. The company specializes in extreme construction work requiring helicopter access and has completed major projects at the Brucejack mine including microwave tower installation and avalanche control systems.
From snakes to suits: Rock star John Burzynski
Osisko Mining CEO John Burzynski reflects on the company's journey from founding in 2003 to developing Canadian Malartic, one of Canada's largest gold mines. After a hostile takeover by Goldcorp in 2014, the team reformed as Osisko 2 and is now advancing the Windfall gold deposit in Quebec toward production.
Teck appoints VP’s Jeff Hanman & Fraser Phillips
Teck Resources announced two senior executive appointments: Jeff Hanman as Vice President, Corporate Affairs and Fraser Phillips as Senior Vice President, Investor Relations and Strategic Analysis. Phillips brings over 30 years of mining industry experience from RBC Capital Markets and will replace retiring Greg Waller.
Multotec unveils two featured products and announces a new partnership
Multotec Canada unveiled two featured products at the 2017 CIM Convention and announced a new partnership as the official distributor of Kemix equipment in North America. The company introduced high-capacity cyclones and Kemix-certified Interstage Screening designed to maximize gold and silver recovery while minimizing processing costs.
Mining Association of BC welcomes Bryan Cox as incoming President & CEO
The Mining Association of British Columbia announced Bryan Cox as its new President & CEO, effective May 1, 2017. Cox, who joined MABC as VP of Corporate Affairs in 2014, brings extensive experience in government relations and stakeholder engagement. His appointment signals MABC's continued focus on advocacy and maintaining mining's economic importance in BC.
Rare $10 million 7.5 carat flawless blue diamond arrives in Canada
Flawless Management's CEO Kashif Khan is bringing a rare $10 million flawless 7.5 carat fancy blue diamond to Canada to celebrate the launch of Canada's first rare coloured diamond investment fund. The fund allows Canadians to invest in rare coloured diamonds through registered savings accounts like RRSPs, with pink diamonds having increased 400% in value over the past decade.
K+S Potash Canada named one of Saskatchewan’s top employers for the fourth year
K+S Potash Canada has been named one of Saskatchewan's Top Employers for the fourth consecutive year, recognizing its exceptional workplace culture. The company currently employs 375 permanent staff at its Legacy Project mine near Bethune, with production expected to begin by the end of Q2 this year.
Amec Foster Wheeler signs MOU with Muskowekwan First Nations and Encanto Potash Corp
Amec Foster Wheeler signed an MOU with Muskowekwan First Nations and Encanto Potash Corp to develop the Muskowekwan Potash Project, marking the first mining project on First Nations land in Saskatchewan. The agreement focuses on providing employment, training, and mentoring opportunities for First Nations members while establishing a sustainable revenue stream for the community.
Bonterra announces strategic investment by Kinross Gold
Kinross Gold has agreed to invest $5.2 million in BonTerra Resources through a private placement of 14.9 million shares at $0.35 per share, giving Kinross a 9.5% stake in the gold exploration company. The investment validates BonTerra's progress at its Gladiator deposit in the Urban Barry gold camp and provides strategic partnership with a major gold producer.
Brandt steps up with plan to save shuttered Saskatoon manufacturing facility
Brandt Group of Companies acquired the shuttered Mitsubishi Hitachi Power Systems facility in Saskatoon to prevent liquidation and preserve local manufacturing capacity. The 22-acre site includes a 208,000 sq ft facility with specialized power generation equipment manufacturing capabilities. Brandt plans to reintroduce green energy technologies including wind turbines to support SaskPower's renewable energy mandate.
MABC announces departure of President and CEO
The Mining Association of British Columbia announced the departure of President and CEO Karina Briño, who will leave in May 2017 for a new industry role in Chile. Briño led the organization since August 2011 through significant regulatory changes and commodity price volatility, strengthening the association's influence and financial position.
The AME announces that Gavin Dirom, the current President and CEO, will be leaving the organization
The Association for Mineral Exploration (AME) announced that President & CEO Gavin C. Dirom will be leaving the organization this spring after eight years of leadership. Under Dirom's guidance, AME has grown to represent over 415 corporate and 4,200 individual members while advocating for BC's mineral exploration industry through market downturns. The board has initiated an executive search process for a new CEO.
NOVAGOLD reports excellent 2016 results: advances toward Final Environmental Impact Statement
NOVAGOLD reported 2016 progress on its 50%-owned Donlin Gold project in Alaska, with the draft Environmental Impact Statement public comment period completed and final EIS expected in early 2018. The company also advanced the Galore Creek copper-gold-silver project in British Columbia and strengthened community partnerships.
Encanto Potash finalizes massive deal with India’s National Federation of Farmers
Encanto Potash Corp has finalized a historic 20-year offtake agreement with India's National Federation of Farmers to supply a minimum of 5 million tonnes per year of muriate of potash. The deal addresses India's food security concerns and 100% reliance on potash imports, while advancing Encanto's flagship Muskowekwan project in Saskatchewan in partnership with Muskowekwan First Nation.
Important appointments to Alliance Magnesium Board of Directors
Alliance Magnesium Inc. appointed three senior executives to its Board of Directors, including former Alcoa executives Jean-Pierre Gilardeau and Michel G. Gagnon as Chairman. The company is developing technology to extract magnesium from serpentine rock with a cleaner process than current thermal methods used in China.
The Northern Miner cuts frequency by 50%—drops to 26 issues a year
The Northern Miner, after 101 years of weekly publication, is reducing its frequency by 50% to publish bi-weekly starting with 26 issues per year instead of 52. The mining industry publication plans to maintain the same content volume by producing larger 24-page editions every two weeks.
Teck announces ticker symbol change to “TECK”
Teck Resources Limited announced it is changing its ticker symbols on both the Toronto Stock Exchange and New York Stock Exchange effective December 5, 2016. The company's NYSE ticker will change from TCK to TECK, while TSX symbols will change from TCK.A and TCK.B to TECK.A and TECK.B respectively.
Teck signs agreement to acquire AQM Copper
Teck Resources announced it will acquire all remaining shares of AQM Copper Inc. for CAD$0.23 per share, totaling approximately CAD$25 million in cash consideration. The acquisition will give Teck an 80% interest in the Zafranal copper-gold project in southern Peru, consolidating its position from the current 50% indirect interest.
Two copper experts join Kincora Copper—both credited with multiple Tier 1 discoveries
Kincora Copper appointed two highly experienced copper exploration experts, Peter Leaman as Senior VP of Exploration and John Holliday as Chairman of a new Technical Committee. Both executives are credited with multiple Tier 1 copper-gold discoveries and will lead exploration across Kincora's expanded 1,500km2 landholding in Mongolia's Oyu Tolgoi belt.
CanAlaska Uranium reviews & updates current project activities
CanAlaska Uranium provided an operational update on its diversified portfolio of uranium, diamond, and base metal projects across Canada. The company has secured $800,000 in cash and $38.7 million in work commitments through option agreements with major partners including Cameco, De Beers, and Denison Mines. Key activities include 3,342 metres of drilling completed by Cameco at the West McArthur uranium project.
Bravura signs definitive property agreement with Golden Predator for gold project
Bravura Ventures has signed an option agreement with Golden Predator Mining to acquire up to 90% interest in the Grew Creek gold project in southeast Yukon. The property has seen over $4.7 million in exploration expenditures and 19,000 meters of drilling across 70 holes since 2010, with the Carlos zone showing 300m strike length of near-surface gold mineralization.
Centerra Gold and Thompson Creek Metals company complete acquisition deal
Centerra Gold has completed its acquisition of Thompson Creek Metals through a plan of arrangement, issuing 22.3 million shares representing 8% of its outstanding stock. The deal gives Centerra control of the world-class Mount Milligan Mine in BC, creating a geographically diversified gold producer with over two decades of expected production from current reserves.
Martin Thompson appointed President and CEO of RSA Canada
RSA Canada has appointed Martin Thompson as permanent President and CEO, effective immediately, following his interim role since July 2016. Thompson brings nearly 20 years of experience with RSA Group and previously held senior leadership roles including Senior Vice President of Commercial Insurance and Global Specialty Lines.
WestJet signs multi-year contract with Suncor
WestJet has signed a multi-year contract with Suncor to provide charter flight services for employees and contractors. The agreement will involve more than 100 weekly flights across Western Canada, connecting workers to Suncor's operations in the Regional Municipality of Wood Buffalo, Alberta.