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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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forward thinking corporate update

Artificial intelligence solves mining challenges

Vancouver-based Motion Metrics International Corp. has successfully expanded into Alberta's oilsands market by applying artificial intelligence and deep learning to overcome operational challenges with sticky, abrasive materials. The technology company is developing new products including BeltMetrics for conveyor belt monitoring and exploring future applications in autonomous shovels and space mining.

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Motion Metrics International Corp.
Oil Feb 26
optimistic production update

Teck predicts strong demand for steelmaking coal – “feeling pretty good about 2018”

26M-27M metric tons steelmaking coal production forecast 2018

Teck Resources reported optimistic Q4 2017 results and forecasts strong steelmaking coal demand in 2018, predicting 26-27 million metric tons of production despite closing its Coal Mountain operations. CEO Don Lindsay expressed confidence that growing global steel production and ongoing supply issues at Australian mines will support both demand and prices.

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Teck Resources Limited TECK
Coal Feb 23
optimistic corporate update

Canadian M&A activity was a big deal in 2017

2,274 deals in 2017

PwC Canada reported that M&A activity in Canada reached a five-year high in 2017 with 2,274 deals worth over USD$1M, representing a significant increase from 1,956 deals in 2016. The technology sector led activity with a 34% increase in deal volume, while outbound deals to the US reached nearly 60% of all outbound transactions.

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PwC Canada
Feb 21
optimistic corporate update

Pandell: A basement start-up success story

LandWorks acquisition in January 2018

Pandell, a Calgary-based software company, has grown from a two-person basement startup in 1997 to 180 employees serving 500 clients globally. The company acquired LandWorks Inc. in January 2018 to expand their GIS mapping and land management solutions into mining, renewables, and utilities beyond their traditional oil and gas focus.

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Pandell
Oil Gas Feb 15
cautious corporate update

Mining industry responds to tabling of federal environmental legislation

$1 billion over five years federal investment

The Mining Association of Canada is reviewing proposed federal environmental legislation including the Impact Assessment Act and amendments to the Fisheries Act and Navigation Protection Act. While the legislation introduces new concepts that could impact industry competitiveness, MAC is encouraged by the government's $1 billion investment over five years to ensure adequate implementation capacity.

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Mining Association of Canada
Copper Lithium Feb 9
optimistic production update

Monarques Gold produces 5,444 ounces of gold and generates $10.3 million in revenue in Q2 2018

5,444 ounces of gold produced in Q2 2018

Monarques Gold Corporation reported strong Q2 2018 production of 5,444 ounces of gold, representing a 62% increase over the previous quarter, and generated $10.3 million in revenue. The company also announced excellent drilling results from its Beaufor mine, including 61.48 g/t Au over 3.9 metres, demonstrating strong exploration potential.

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Monarques Gold Corporation MQR
Gold Feb 7
optimistic acquisition

Boreal Metals Corp. announces execution of Definitive Agreement to acquire Cobalt Project in Norway

12,000 Ha acquisition with 12km cobalt prospective geology

Boreal Metals Corp. executed a definitive agreement with EMX Royalty to acquire the 12,000-hectare Modum cobalt project in Norway, which surrounds Europe's historic largest cobalt producer. The acquisition positions Boreal in the Nordic battery supply chain as demand for ethically-sourced cobalt increases for electric vehicle batteries.

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Boreal Metals Corp. BMX
Cobalt Copper Feb 2
cautious production update

McEwen Mining reports 2017 full year and Q4 production results

109,947 gold ounces and 3,178,742 silver ounces produced in 2017

McEwen Mining reported consolidated 2017 production of 109,947 gold ounces and 3,178,742 silver ounces (152,329 gold equivalent ounces). The company overcame a serious crusher failure at Black Fox mine to achieve 93% of annual guidance, while Q4 production was strong at 19,893 gold equivalent ounces.

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McEwen Mining Inc. MUX
Gold Silver Feb 1
optimistic corporate update

Appointment of Stephen Grocott as Chief Technical Development Officer

Stephen Grocott appointed as Chief Technical Development Officer

Clean TeQ Holdings Limited appointed Stephen Grocott as Chief Technical Development Officer to support process development for their Sunrise nickel, cobalt and scandium project. Grocott brings 35 years of experience from Rio Tinto where he was Chief Advisor, Processing, overseeing global technical support across their business portfolio.

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Clean TeQ Holdings Limited
Nickel Cobalt Jan 25
optimistic exploration update

Boreal completes Surface IP Geophysics at Burfjord, Norway

3km strike length with 100m+ depth continuity confirmed

Boreal Metals completed an IP geophysical survey at its Burfjord Copper Project in Norway, confirming copper mineralization continuity over 3 kilometers strike length and depths exceeding 100 meters. The results increase confidence in the project's bulk tonnage potential and support plans for a drill program in the first half of 2018.

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Boreal Metals Corp. BMX
Copper Zinc Jan 18
optimistic corporate update

Arctic Economic Council welcomes Korea Shipowners’ Association as first sub-Arctic member

First sub-Arctic member joins Arctic Economic Council

The Korea Shipowners' Association has become the first sub-Arctic member to join the Arctic Economic Council, one month after applying. This membership reflects Korea's commitment to sustainable Arctic development and positions the association to contribute to Arctic business activities and responsible economic development in the region.

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Korea Shipowners' Association
Jan 12
optimistic corporate update

Finning South America secures significant mining contract in Chile

$185M equipment contract secured

Vancouver-based Finning International secured a multi-year US$185 million contract to supply nearly 70 pieces of Caterpillar mining equipment to Lundin Mining's Candelaria copper mines in northern Chile. This represents the first significant mining equipment order Finning has secured in Chile since the industry downturn in 2014, signaling recovery in the mining sector.

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Finning International Inc.
Copper Jan 11
optimistic corporate update

Lana Eagle wins 2018 PDAC Skookum Jim Award

Lana Eagle wins 2018 PDAC Skookum Jim Award

Lana Eagle, an Aboriginal relations consultant from British Columbia, won the 2018 PDAC Skookum Jim Award for her work bridging relationships between Indigenous communities and mining companies. She is the first female Indigenous winner of this award, which recognizes exceptional achievement in Aboriginal-run mining service businesses or significant individual contributions to the mining industry.

Uranium Gold Dec 14
optimistic exploration update

Argentina Lithium expands holdings, plans up to 10,000 metres of drilling at lithium projects

up to 10,000 metres of drilling planned

Argentina Lithium & Energy Corp announced plans for up to 10,000 metres of drilling across its Arizaro and Incahuasi lithium projects in Argentina's Lithium Triangle. The company expanded its Arizaro holdings by 7,030 hectares and reported surface sampling results of 409 mg/l lithium at the newly acquired Incahuasi project, which covers an entire salar.

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Argentina Lithium & Energy Corp LIT
Lithium Dec 1
optimistic assay results

Drill assay results confirm West McArthur uranium discovery

High-grade uranium mineralization confirmed in fault-controlled zones

CanAlaska Uranium reported final drill results from the West McArthur uranium project confirming high-grade uranium mineralization in fault-controlled zones near the unconformity. Cameco is conducting the drilling as part of their $12.5 million option to earn 60% interest in the project located adjacent to their Fox Lake discovery with 68.1 million pounds of inferred uranium resources.

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CanAlaska Uranium Ltd. CVV
Uranium Nov 29
forward thinking corporate update

MAC releases strengthened tailings management guide

Third edition tailings management guide released

The Mining Association of Canada has released the third edition of its internationally-recognized Guide to the Management of Tailings Facilities, incorporating 29 recommendations from an Independent Task Force following the Mount Polley incident. The updated guide strengthens technical and management components throughout a tailings facility's lifecycle, aimed at achieving zero catastrophic failures.

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Mining Association of Canada
Uranium Coal Nov 24
cautious corporate update

Increased investment, rising consumer technology demands inspire confidence in Junior Mining sector

74% increase in cash balances to $1.57B

PwC Canada's Junior Mine 2017 report shows the junior mining sector is experiencing renewed confidence with valuations rising for the second consecutive year. Cash balances of the top 100 TSX-V mining companies grew 74% to $1.57 billion, the highest in five years, driven by rising demand for battery metals like lithium, nickel, and cobalt.

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PwC Canada
Nickel Lithium Nov 16
optimistic corporate update

Canadian Mining Sector’s Clean Resources Proposal shortlisted in Innovation Supercluster Initiative

50% reduction targets in water use, energy intensity and environmental footprint by 2027

The Canadian government shortlisted the mining sector's CLEER clean resources proposal for the Innovation Supercluster Initiative, jointly led by CMIC and CEMI. The project aims to achieve aggressive 50% reductions in water use, energy intensity, and environmental footprint by 2027.

Minerals Metals Nov 15
optimistic corporate update

Federal government to invest almost $1 billion to encourage more job-creation by Canadian companies

$950M federal Supercluster program

The Canadian federal government announced a $950 million Supercluster program to create innovation hubs and jobs, with mining organizations CEMI and CMIC making the shortlist for their CLEER proposal focused on sustainable, zero-waste mining. The program received 50 proposals representing over 1,000 firms, with five winners to be selected in early 2018 for funding over five years.

Nov 9
forward thinking corporate update

New tool helps industry collect and share geoscience data

EADDF guidelines launched October 23, 2017

PDAC announced the launch of Exploration Assessment Digital Data Formats (EADDF) guidelines to standardize digital data submission across Canadian mining jurisdictions. The guidelines aim to improve mineral discovery rates by facilitating better compilation and use of historical exploration data.

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Prospectors & Developers Association of Canada
Nov 4
optimistic corporate update

The telehandler transforms the snow removal industry

40% less fuel consumption than competition

Merlo announced its telehandler equipment offers significant advantages for snow removal operations, featuring 40% lower fuel consumption than competitors and the ability to operate 365 days per year. The company highlighted its range of compact to heavy-duty models with load capacities from 2.7 to 7.5 tonnes, positioning itself as a versatile solution for contractors seeking year-round equipment utilization.

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Merlo
Nov 3
optimistic corporate update

All-new Brandt trailer lineup is a tough act to follow

0% financing program with John Deere machine purchase

Brandt Equipment Solutions announced a new lineup of Work Ready utility trailers available across Western Canada through John Deere dealerships. The initial four models target contractors and landscapers with payload capacities of 9,000-15,700 lbs, featuring 0% financing when combined with John Deere equipment purchases.

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Brandt Equipment Solutions Ltd.
Oct 31
optimistic acquisition

CanAlaska acquires projects in Thompson Nickel Belt, one of Canada’s most prolific nickel camps

16,000 hectares acquired in Thompson Nickel Belt

CanAlaska Uranium acquired two mineral exploration licences covering over 16,000 hectares in Manitoba's Thompson Nickel Belt, one of Canada's most prolific nickel camps. The properties surround the 5.3 million tonne Mel Nickel Deposit and contain historical drill intercepts up to 2.43% nickel over 1.92 metres. The acquisition represents CanAlaska's diversification strategy from uranium into base metals amid favorable market conditions for sulphide nickel deposits.

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CanAlaska Uranium Ltd. CVV
Nickel Uranium Oct 24
optimistic project development

Golden Dawn commences dewatering and rehabilitation of Lexington Mine

1.13 g/t gold, 23.0 g/t silver and 0.7% lead over 0.36 meters

Golden Dawn Minerals has commenced dewatering operations at its Lexington Mine in BC, with primary dewatering expected to take four weeks at up to 1,000 cubic meters per day. The company received encouraging drill results from the May Mac mine, including 1.13 g/t gold and 23.0 g/t silver over 0.36 meters. Mill restart costs are estimated at $270,000 with the facility expected to be operational in 3-5 weeks.

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Golden Dawn Minerals Inc.
Gold Silver Oct 23