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Global.
The growing trend of working abroad has reached the mining industry, and as a result, many Canadian mining companies have set up exploration sites worldwide. In this section of Mining and Energy, we will monitor hot commodities, profile co...
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Digging deep into metals & minerals: Scotiabank Special Report
Scotiabank released its March 2017 Commodity Price Index showing a 6.4% monthly gain driven by strong metals and oil performance. The report provides price forecasts for major commodities through 2018, with zinc showing the strongest fundamentals due to concentrate shortages. The timing coincides with the annual PDAC convention in Toronto, reflecting renewed optimism in the mining sector after prices hit cycle lows in 2016.
“CanaPux” – converting crude oil to solid pellets touted by CN
CN Rail has filed a patent for CanaPux technology that converts oil sands bitumen into solid pellets wrapped in polymer for safer rail transport. The pellets are designed not to explode, leak, or sink if spilled, and can be easily retrieved in case of accidents.
Dragon-Den style #DisruptMining announces five finalists
#DisruptMining announced five finalists for their Dragon Den-style technology showcase event to be held March 5, 2017 at the Carlu Toronto during PDAC. The finalists include companies developing bio-mining recovery, underground ore transport systems, AI-powered exploration targeting, real-time drilling data, and blockchain gold trading platforms.
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.
Wind energy continues strong growth in Canada in 2016
Canada's wind energy industry added 702 MW of new capacity in 2016 through 21 projects across Ontario, Quebec and Nova Scotia, bringing total installed capacity to 11,898 MW. The Canadian Wind Energy Association expects approximately 700 MW of additional capacity in 2017, with wind energy remaining one of Canada's most cost-competitive electricity sources alongside natural gas.
US Mines produced an estimated $74.6 Billion in minerals during 2016
The USGS reported that US mines produced $74.6 billion worth of minerals in 2016, with the country becoming 100% import reliant on 20 critical mineral commodities including rare earths and manganese. The report highlighted declining domestic production in key sectors like aluminum and iron ore, while industrial minerals production reached $51.6 billion.
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.
Career BUZZ: Top Jobs in Mining & Energy - January 20 issue
Mining and Energy magazine has compiled 10 featured career opportunities from leading companies across Canada's mining and energy sectors. The positions range from operations supervisors and mine foremen to specialized roles in oil and gas facilities, spanning provinces from British Columbia to Ontario and Manitoba.
Corvus Energy to deliver ultra high power battery solution for hybrid port equipment
Corvus Energy will provide newly-designed lithium-ion energy storage systems for hybrid rubber-tired gantry cranes at Shanghai's Yidong Terminal. The ultra high power battery solution delivers up to 65% fuel savings compared to conventional diesel electric port cranes while reducing emissions and noise levels.
CSE tallies another record year in 2016; personnel, infrastructure additions strengthen 2017 outlook
The Canadian Securities Exchange reported record trading results for 2016 with trading volume rising 159% to 6.4 billion shares and trading value increasing 334% to $1.5 billion. The exchange completed integration of a new trading system and added experienced personnel to strengthen its position for 2017 growth.
Mexican energy reform: follow “first movers” to find oil and gas opportunities in the south
International Frontier Resources Corp. was awarded Tecolutla Block 24 in Mexico, becoming the first Alberta company to secure an onshore oil and gas field under Mexico's historic energy reform. The company formed joint venture Tonalli Energia and expects to begin operations in the first half of 2017, positioning itself as a 'first mover' in what it considers one of the world's largest energy investment opportunities.
McEwen leads extraordinary list of Mining Hall of Fame Inductees
The Canadian Mining Hall of Fame announced five new inductees for its 29th Annual Induction Ceremony, led by mining entrepreneur Robert McEwen who transformed Goldcorp into a global gold powerhouse. The inductees represent diverse mining sector contributions from oil sands development to gold mining and mineral policy expertise.
NioCorp signs land acquisition agreements for Elk Creek Superalloy Materials Project: Nebraska
NioCorp Developments has signed 21 land acquisition agreements covering 4,078 acres in Nebraska for its Elk Creek Superalloy Materials Project, which will produce niobium, scandium, and titanium. The agreements provide exclusive mineral exploration rights and the right to acquire mineral and surface rights over five-year terms, advancing the project toward planned 2017 construction launch.
Goldcorp debuts “all-electric” mine—eliminates diesel usage
Goldcorp is developing Canada's first all-electric underground mine at its Borden Gold project, partnering with Sandvik Mining and MacLean Engineering to eliminate diesel usage. The initiative will reduce greenhouse gas emissions by 5,000 tons of CO2 annually and decrease ventilation requirements by 50%. The first battery-powered equipment is scheduled to begin operations in the second half of 2017.
Career BUZZ: Top Jobs in Mining & Energy - December 16 issue
Mining and Energy magazine featured 10 top career opportunities across Canada's mining and energy sectors, highlighting positions from senior management roles at major projects to specialized technical positions. The featured opportunities span from Riversdale's Grassy Mountain coking coal project in Alberta to northern abandoned mine remediation roles and oil sands operations.
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.
Career BUZZ: Top Jobs in Mining & Energy—December 2 issue
Mining and Energy magazine featured 10 career opportunities from leading Canadian companies across various sectors. The positions span from shift supervisors to general managers at operations in British Columbia, Alberta, Saskatchewan, and Manitoba, covering mining, energy, and construction sectors.
Kazzinc commits to RungePincockMinarco’s (RPM’s) Enterprise Planning Platform
Kazzinc, a Glencore-owned major zinc and gold producer in Kazakhstan, has selected RungePincockMinarco's Enterprise Planning Platform to be implemented alongside SAP systems. The technology deployment will span Kazzinc's entire operation including four underground mines, two open pits, and a concentrator plant to improve operational efficiency and real-time planning capabilities.
Coal Association of Canada “disappointed” with federal coal phase-out announcement
The Coal Association of Canada expressed disappointment with the federal government's announcement to accelerate the phase-out of traditional coal-fired power generation by 2030. The organization advocates for investment in cleaner coal technologies and carbon capture storage rather than an accelerated phase-out that could result in job losses.
Mazda’s Clean Diesel announcement signals renewed interest in diesel passenger vehicles in U.S.
Mazda announced it will bring its clean diesel CX-5 SKYACTIV-D SUV to the U.S. market in 2017, featuring a 2.2-litre diesel engine with SCR after-treatment system. The move signals renewed interest in diesel passenger vehicles in the U.S. market, with diesel offering 30% better fuel efficiency than comparable gasoline vehicles.
Senator Jon Tester urges US Government to address coal mining pollution concerns of Lake Koocanusa
U.S. Senator Jon Tester urged the Obama administration to address water quality concerns at Lake Koocanusa caused by coal mining pollution from British Columbia operations in the Elk River Valley. Teck Resources responded by highlighting their water treatment facilities and comprehensive watershed protection plan currently being implemented.
Teck updates coal guidance—ups projected realized price to $205 per tonne
Teck Resources raised its Q4 2016 coal price guidance to $200-205 per tonne, up from the previously implied $185, due to strong steelmaking coal spot prices. Sales volume guidance remains at 6.5 million tonnes.
Career BUZZ: Top Jobs in Mining & Energy - October 21 issue
Mining and Energy magazine featured 10 job opportunities from leading companies across western Canada in their weekly career spotlight. The positions span various sectors including mining equipment manufacturing, oil and gas operations, and engineering services, highlighting diverse career paths available in the resource sector.
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