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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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American steel and aluminum tariffs on Canada and Mexico lifted
The United States has agreed to lift steel and aluminum tariffs imposed on Canada and Mexico in 2018, with both countries agreeing to remove retaliatory tariffs within 48 hours. This development is expected to boost the Canadian steel and aluminum sectors and facilitate passage of the USMCA trade agreement.
Canada announces six Crush It! Mining Challenge finalists to advance toward $5-Million grand prize
Natural Resources Canada announced six finalists for the Crush It! Challenge, a competition to develop clean technology solutions for energy-efficient rock crushing and grinding in mining. Each finalist receives up to $800,000 to build and test their solutions before competing for a $5 million grand prize in March 2021.
Medallion provides update on process development projects
Medallion Resources is advancing process development work at Saskatchewan Research Council and University of Toronto to optimize its monazite rare-earth processing operations. The company is preparing for near-term production of NdPr magnet materials in North America and entering discussions with engineering groups for a formal economic study. This work addresses growing market demand for non-Chinese sources of critical rare-earth magnets used in electric vehicles, defense, and clean energy applications.
Zero-emission vehicles help fight climate change
The Canadian government announced the iZEV program offering up to $5,000 point-of-sale incentives for zero-emission vehicles starting May 1, 2019. The program targets transportation emissions, which account for 25% of Canada's total greenhouse gas emissions, with vehicles under $55,000 MSRP eligible for the incentives.
MAC’s 2019 TSM Excellence Award winners celebrate environmental and community initiatives
The Mining Association of Canada awarded its 2019 TSM Excellence Awards to Glencore's Raglan Mine for its Tamatumani Program that increased Inuit employment by 110%, and to IAMGOLD's Essakane Solar Project in Burkina Faso featuring the world's largest hybrid solar/thermal plant. The awards recognize innovative sustainability and community engagement initiatives in mining operations.
International News and Photo Tour: Silvercorp Goes on Chinese Press Tour
Silvercorp Metals hosted a media tour for 26 journalists at its Ying Mining District in China to showcase environmental achievements and green mining practices. The company has invested over 15 million RMB in environmental restoration projects and achieved National Green Mine status for its Yuelianggou operation.
Kinross announces changes to senior leadership structure
Kinross Gold Corporation announced a senior leadership restructuring with the departure of COO Lauren Roberts and HR SVP Gina Jardine by mutual agreement. Paul Tomory has been promoted to Executive Vice-President and Chief Technical Officer while taking on expanded operational responsibilities. The company is streamlining operations to increase efficiency and cost management while creating a new leadership advisory team.
Global silver demand up 4% in 2018, fueled by soaring investment demand
The Silver Institute's World Silver Survey 2019 reveals global silver demand increased 4% in 2018 to 1.03 billion ounces, driven by a 20% surge in investment demand, particularly silver bars. Mine supply declined for the third consecutive year while scrap supply also fell, creating a physical deficit of 29.2 million ounces.
Teck announces Quebrada Blanca transaction
Teck Resources has completed the sale of a 30% indirect interest in its Quebrada Blanca Phase 2 copper project in Chile to Japanese partners Sumitomo Metal Mining and Sumitomo Corporation. The transaction brings approximately US$1.3 billion in funding to the project during 2019, significantly reducing Teck's capital requirements and advancing development of the major copper operation.
Chile’s innovative Floating PV Project on AngloAmerican’s tailings pond
AngloAmerican has inaugurated Chile's first floating solar farm on a tailings pond at their Los Bronces mine north of Santiago. The 84 kWp pilot project, developed by Lenergie using Ciel & Terre's Hydrelio technology, will generate 153 MWh annually while reducing evaporation. This pioneering installation opens opportunities for similar projects across Chile's 740 tailings ponds.
Harbour Air and magniX partner to build world’s first all-electric airline
magniX and Harbour Air announced a partnership to convert Harbour Air's seaplane fleet to all-electric propulsion using magniX's 750 HP electric motors. The companies plan to conduct first flight tests in late 2019, aiming to create the world's first all-electric commercial airline.
New geological analysis of the Brunswick Camp generates Greenfield Exploration Targets
Osisko Metals identified 10 new exploration targets along a 72-kilometre stretch of the Brunswick Horizon using advanced 3D geological modeling. The targets are located between surface and 200 metres depth and will be drill-tested in 2019. This represents the first systematic re-interpretation of the geological model in the Bathurst Mining Camp's history.
Independent counsel concludes Pretivm-initiated investigation
Pretium Resources completed an independent investigation into unusual trading activity around its shares, finding no evidence of information leaks from the company but evidence of market manipulation by outside parties. The investigation identified abnormal sell-order patterns and put option activity before significant share price drops, with findings forwarded to US and Canadian securities regulators.
International News: Unipart International wins EDF Energy nuclear contract
Serck, a division of Unipart International, secured a £3.8 million contract to design, manufacture and install heat exchangers at EDF Energy's Sizewell B nuclear power station in Suffolk, UK. The work will be completed in 2019 and 2020, supporting the plant's operations through to its 2035 operational life. This represents Serck's first contract with EDF Energy's nuclear operations division.
Budget 2019 Positive for Canada’s Mining Sector
The Mining Association of Canada welcomed Budget 2019, which commits over $700 million over 10 years to Arctic communities and includes $400 million for northern trade corridors. The budget addresses critical infrastructure deficits that make northern mining 2-2.5 times more expensive than southern operations.
Royal Canadian Mint announces new Maple Leaf Bullion Coins and latest ‘Call of the Wild’ series
The Royal Canadian Mint announced three new bullion coin releases including double-incuse Gold and Silver Maple Leaf coins and a new Moose-themed gold coin in their 'Call of the Wild' series. The new coins feature enhanced security features and the gold coins offer 99.999% purity, marking the 40th anniversary of the Gold Maple Leaf series.
Good Jobs, Competitive Pay, Interesting Work - Why Aren’t Women Applying?
Engineers and Geoscientists BC is promoting the 30 by 30 strategy to increase newly licensed female engineers from 12% to 30% by 2030. The organization is using career outreach, school presentations and mentorship programs during National Engineering and Geoscience Month to address gender disparity in technical professions.
New report shows urgent need for additional government support to enhance mining competitiveness
The Mining Association of Canada released its annual Facts & Figures report showing Canada's mining competitiveness has deteriorated significantly over the past decade. Canada has lost its top-five producer ranking for seven out of 16 commodities in five years, while exploration investment share has fallen for six consecutive years and planned project values dropped 55% since 2014.
Andritz wins 2019 Goldcorp #DisruptMining contest
Andritz Automation Ltd won Goldcorp's 2019 #DisruptMining competition, securing a $1 million investment prize for their AI-powered mineral processing plant automation technology. The solution uses artificial intelligence trained on digital replicas of mineral processing plants to provide autonomous control, improving productivity, efficiency and safety.
Cummins turns 100
Cummins Inc. is celebrating its 100-year anniversary, marking a century since its founding in Columbus, Indiana in 1919. The company has grown from four employees to a global workforce of over 58,000, expanding into diesel, natural gas, and electrification technologies. The celebration emphasizes the company's commitment to innovation and its 'Challenge the Impossible' philosophy.
Ciel & Terre partners Cleantech Solar for flagship floating solar plant in Cambodia
Ciel & Terre partnered with Cleantech Solar to complete a 2.8 MWp floating solar plant at a cement facility in Cambodia, marking the first commercial installation of their new Hydrelio Equato technology. The project demonstrates floating solar can be more cost-effective than grid rates and is part of a larger 9.8 MWp solar installation expected to avoid 197,000 tonnes of CO2 emissions over its lifetime.
A miracle metal
Lomiko Metals is advancing its La Loutre graphite project in Quebec, which contains 18.4 million tonnes at 3.19% graphite in indicated resources and 16.7 million tonnes at 3.75% inferred. The company plans to complete a second resource drilling program and PEA by end of 2019, positioning for the growing battery-grade graphite market where prices have doubled in three years.
Two TVO original documentaries Northern Gold and The Shadow of Gold focus on impact of gold
TVO is premiering two original documentaries in March focusing on the impact of gold mining - 'Northern Gold' examining the history of Timmins and 'The Shadow of Gold' exploring global gold mining economics and environmental costs. The documentaries give voice to miners and communities affected by gold extraction in Ontario and worldwide.
Meet Goldcorp’s three finalists in #DisruptMining
Goldcorp announced the three finalists for its 2019 #DisruptMining innovation competition, each vying for a $1 million investment opportunity. The finalists include Anaconda's sustainable drilling technology, Andritz's AI plant control system, and Voith's belt conveyor optimization platform.
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