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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...
459 stories
Positive signs put junior miners in a good position for recovery - PwC report
PwC Canada's 2016 Junior Mine report shows mining companies now represent over 50% of TSXV market capitalization, up from 36% in June 2015, with top junior miners seeing market cap increases of over 100%. The report highlights a 22% gold price increase driven by global political uncertainty, improved financing activity, and renewed investor interest in junior mining assets.
Monarques Gold awards Ressources Ménitik a contract to upgrade the Chimo Road
Monarques Gold awarded Ressources Ménitik the contract to upgrade Chimo Road to enable installation of a 26-kilometre power line for the Croinor Gold deposit. The power line will reduce production costs and environmental impact, with Quebec providing up to $2.74M in grants for the project.
Carbon pricing is pushing mines to look at renewables
Carbon pricing in Canada is driving mining companies to adopt renewable energy solutions to reduce greenhouse gas emissions and stabilize energy costs. Leading companies like Barrick Gold, IAMGOLD, and Goldcorp are investing in renewables and mine electrification to mitigate carbon risk and improve their social license to operate.
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.
LNG becoming increasingly popular in powering the mining industry
LNG is gaining momentum as a power source in the mining industry, with multiple companies piloting LNG-powered haul trucks and power generation systems. Teck Coal is leading Canadian adoption with six LNG haul trucks, while several major mining companies are implementing LNG solutions to reduce emissions and operating costs.
Career BUZZ: Top Jobs in Mining & Energy - October 7 issue
Mining and Energy magazine featured 10 top career opportunities from leading companies across western Canada, ranging from mining database management to oil and gas operations. Positions include roles at Maxwell GeoServices, Trevali Mining, SITE Energy Services, and other major industry players with salaries up to $95,000 annually.
Ritchie Bros. to acquire IronPlanet to accelerate its customer centric multi‐channel diversification
Ritchie Bros. Auctioneers announced it will acquire online equipment marketplace IronPlanet for approximately US$758.5 million to create a multi-channel industrial equipment sales platform. The acquisition combines Ritchie Bros.' live auction capabilities with IronPlanet's online marketplace strength, targeting the construction, mining, energy, and other industrial sectors.
Tennis Building by Legacy Building Solutions named USTA outstanding facility
Legacy Building Solutions received recognition when the Oklahoma City Tennis Center they constructed was named a USTA Outstanding Facility Award winner in the Large Facility category. The company built a 125-foot by 300-foot fabric structure indoor tennis center with six regulation courts in less than 30 days.
TorQuest Partners acquires majority control of Polycor as part of merger
TorQuest Partners acquired majority control of Quebec-based Polycor in a merger with U.S. granite producers Swenson Granite and Rock of Ages. The combined entity will operate over 30 quarries primarily in Quebec and the U.S. Northeast, creating one of the largest natural stone companies globally with over 800 employees.
Canada Carbon to explore testing of thermally upgraded graphite for X-energy’s Xe-100 Reactor Series
Canada Carbon Inc. is in discussions with X-energy to supply thermally upgraded graphite for testing in nuclear fuel pebbles for the Xe-100 reactor series. X-energy received a $53 million US Department of Energy partnership to develop their high-temperature gas-cooled reactor program. Canada Carbon is preparing 12 kg of its high-purity Miller graphite for the testing program.
Britespan announces the appointment of John MacDonald as Vice President
Britespan Building Systems Inc. appointed John MacDonald as Vice President effective September 6, 2016, to head manufacturing and operations. MacDonald brings 23 years of experience from Wescast Industries, most recently as President of North American Operations.
McEwen Mining appoints new Chief Operating Officer
McEwen Mining has appointed Xavier Ochoa as Chief Operating Officer, replacing William Faust who departs September 30, 2016. Ochoa brings 25 years of operational experience including roles at Goldcorp, Glencore and Xstrata. The appointment is part of McEwen's strategy to strengthen management as they advance their gold, silver and copper assets across the Americas.
Enbridge and Spectra Energy to combine to create North America’s premier energy company
Enbridge Inc. and Spectra Energy Corp announced a definitive stock-for-stock merger agreement valued at C$37 billion for Spectra Energy, creating North America's largest energy infrastructure company with a combined enterprise value of C$165 billion. The transaction is expected to close in Q1 2017 and will combine complementary pipeline, midstream, utility and renewable power assets across oil and gas sectors.
NioCorp completes five pilot plant runs as part of its Elk Creek Project feasibility study
NioCorp successfully completed five metallurgical pilot plant runs at SGS Lakefield testing its scandium, niobium, and titanium production processes for the Elk Creek Project. The pilots demonstrated continuous operation capabilities with excellent performance, including less than 1% scandium losses in solvent extraction operations. These results provide critical data to advance the project's feasibility study toward completion.
K-Line Trailers begins production of next set of Dual Powered Road Trains
K-Line Trailers has begun production on its third and fourth Dual Powered Road Trains for an international mining corporation's Canadian operation. The innovative 190-foot road trains can transport 216 metric tonnes on grades up to 10%, representing some of the highest long-distance payloads in North American mining.
PrinterNet - the best way to reach your advertising market!
Canadian Mining & Energy magazine is introducing a new Diamond Printernet Campaign for 2017, offering advertisers front cover placement and multi-channel marketing reach to over 365,000 decision makers in the mining and energy sectors. The campaign combines print, web, and newsletter placements at a 37% discount off regular advertising rates.
Top 10 reasons to use magazine advertising
Mining & Energy publication shares insights on magazine advertising effectiveness, highlighting 10 key benefits including cost effectiveness, high reader engagement, and strong ROI. The article promotes magazine advertising as a trusted medium that complements digital marketing efforts.
Growing calls for northern infrastructure bank
The Canadian Chamber of Commerce and Mining Association of Canada are advocating for a northern infrastructure bank to address the infrastructure deficit that makes mining costs 2 to 2.5 times higher in remote northern regions. The proposed Canada Infrastructure Bank could provide financing for mine-related infrastructure that also benefits Indigenous communities and enhances trade access.
Glencore sweeps the 2016 TSM Excellence Awards
Glencore received two 2016 TSM Excellence Awards for innovative sustainability projects at its Canadian operations. The Raglan Mine in northern Quebec won the Environmental Excellence Award for its 3-megawatt wind turbine project that saved 2.1 million litres of diesel in its first year, while Kidd Operations in Ontario won the Community Engagement Award for its $1 million community partnership fund.
Recipient of the Paul Stothart Memorial scholarship announced
The Mining Association of Canada announced Alexander Pritchard as the 2016 recipient of the Paul Stothart Memorial Scholarship in Mineral Economics, valued at $3,500. Pritchard is pursuing an MBA at the University of Ottawa and has extensive mineral exploration experience with Sander Geophysics Ltd.
Vancouver-area company named electric and hybrid supplier of the year
Corvus Energy, a Richmond-based company, won the Electric and Hybrid Marine Awards supplier of the year for the second consecutive year and launched its new Orca ESS product line for heavy-duty industrial marine applications. The company secured new contracts for Norwegian vessels and partnered with LG Chem to reduce battery costs.
Keep coal burning, but reduce the footprint
Clean Coal Technologies Inc. has successfully tested its patented Pristine-M coal dehydration process at a test facility in Oklahoma, producing cleaner, more efficient coal that burns with no dust or ash. The company is now ready to commercialize modular plants starting at 160,000 tons per year capacity for $17-18 million.
Toronto-based GMP Capital Inc. to acquire Calgary’s FirstEnergy capital
Toronto-based GMP Capital Inc. announced it will acquire Calgary's FirstEnergy Capital Corp. for $98.6 million in August 2016. FirstEnergy, founded by prominent entrepreneurs Brett Wilson and Murray Edwards, has completed over $63 billion in energy sector financing since 2008. The combined entity will operate as GMP FirstEnergy, significantly expanding GMP's energy sector presence.
Mining’s Innovation Mission
The Canada Mining Innovation Council launched the Towards Zero Waste Mining (TZWM) strategy to eliminate mine waste and tailings while reducing environmental footprint. The initiative now involves 40 mining companies and service providers investing in clean technologies including electric mining equipment and advanced environmental management systems.
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