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Mines.
A great deal of exploration, assessment and consideration of logistical details must occur before a mine can begin operation—and once it does, there are many things that can impact its success. In Canadian Mining & Energy, we look at t...
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Boundary partners with Berkeley Forge – Electric Rope Shovel GET Manufacturer
Boundary Equipment Co. Ltd. has entered into a new partnership with Berkeley Forge & Tool, Inc. to distribute Ground Engaging Tools (GET) for electric rope shovels and production loaders throughout the Canadian mining market. The partnership combines Berkeley's 65 years of forging experience with Boundary's 38 years of mining equipment expertise to provide cost-efficient alternatives for mining operations.
International News: Vancouver-based Asanko Gold launches the Women in Mining “Botae Pa Initiative”
Vancouver-based Asanko Gold launched the 'Botae Pa Initiative' to empower women at its Ghana gold mine and surrounding communities. The initiative promotes mining careers to women, supports local education and health needs, and builds on Asanko's existing CSR programs. The company currently employs 10% women, above Ghana's 7% national mining industry average.
Award winning engineers and geoscientists create a better future in BC, and beyond
Engineers and Geoscientists British Columbia presented awards to eight individuals and two projects at their Annual Conference in Vancouver on October 19-20, 2018. The awards recognized outstanding professional achievement, community service, and excellence in teaching across engineering and geoscience fields.
Capstone Mining places Yukon’s Minto Mine on temporary care and maintenance
Capstone Mining is placing its Minto copper mine in Yukon on temporary care and maintenance after a sale agreement with Pembridge Resources fell through due to financing challenges. The closure will affect approximately 200 employees and contractors, with care and maintenance costs estimated at US$5 million annually for 2018-2019.
#DisruptMining: Goldcorp’s contest is a catalyst for quantum leaps in performance
Goldcorp is hosting its third annual #DisruptMining contest, offering up to $1M investment to innovative mining technology solutions. The competition will be held March 3, 2019 at PDAC in Toronto, with last year's winner Acoustic Zoom having received funding to improve mining reserve accuracy.
Osisko Metals participates in a $250,000 donation to UNB for the Osisko Field Education Fund
Osisko Metals joined forces with two other Osisko companies to donate $250,000 to the University of New Brunswick's Earth Sciences Department, creating the Osisko Field Education Fund. The fund will help reduce costs for geology field school courses, making them more accessible to students while supporting educational excellence.
Maritime Iron expands its Senior Leadership Team
Maritime Iron Inc. announced the appointment of five senior executives to its leadership team as the company advances its bankable feasibility study for a merchant pig iron production facility in New Brunswick. The new hires bring extensive experience from major mining projects including Vale's Long Harbour facility and BHP's Jansen potash project.
North American Construction Group announces expansion of heavy construction fleet
North American Construction Group Ltd. announced the acquisition of Aecon Group Inc.'s heavy construction equipment fleet and related assets for $199.1 million in cash. The transaction is expected to provide over $220 million in additional annual revenue capability and be accretive to EBITDA, free cash flow and earnings, with anticipated 2019 basic earnings per share exceeding $1.60.
SMS Equipment now selling new Komatsu WA480-8 Wheel Loader
SMS Equipment Inc., one of the world's largest Komatsu dealers, is now selling and supporting the new Tier 4 Final WA480-8 wheel loader. The upgraded model features 8% higher productivity, 20% lower fuel consumption, and enhanced operator comfort compared to its predecessor.
Teck announces new Sparwood office
Teck announced plans to build a new centralized office building in Sparwood, B.C. to consolidate support operations in the Elk Valley. Construction is expected to begin within two years as part of the company's long-term commitment to sustainable mining operations in the region.
Ritchie Bros. introduces new online asset management and disposition solution: RB Asset Solutions
Ritchie Bros. launched RB Asset Solutions, a cloud-based SaaS platform for end-to-end asset management and disposition of heavy equipment. The solution combines inventory management, data analytics, branded e-commerce sites, and access to multiple sales channels including auctions and online marketplaces.
Pretivm to refinance construction credit facility; secures commitment letter for US $480 million
Pretium Resources secured a US$480 million debt facility commitment from major banks to refinance its construction credit facility for the Brucejack Mine. The new facility consists of a US$250 million term facility and US$230 million revolving facility, maturing in four years with expected lower interest rates than the existing facility.
Local dinosaur prints on display at Cranbrook History Centre
Teck Resources discovered theropod dinosaur tracks at their Greenhills Mine and Fording River Operations in the East Kootenays, with seven tracks now on display at the Cranbrook History Centre. The 140 million-year-old tracks from the Mist Mountain Formation represent a significant paleontological discovery made during mining operations.
Vale launches 2019 Global Trainee Program
Vale Canada launched its 2019 Global Trainee Program to recruit 12 young professionals for year-long rotations across operations in Sudbury, Toronto, Long Harbour and Voisey's Bay. The program focuses on global and digital projects as the mining giant transforms its business operations.
Azincourt Energy Lithium One exploration update
Azincourt Energy provided an exploration update on its Lithium One project in Manitoba's Winnipeg River Pegmatite Field, part of a joint venture with New Age Metals. The company reported previous assay results up to 4.33% Li2O from the Silverleaf Pegmatite and is currently mapping and sampling multiple pegmatite clusters including the Annie Pegmatite, with results pending from Actlabs.
Group Eleven announces major step in ‘Big Think’ exploration in the Irish zinc-lead district
Group Eleven Resources has commenced a major airborne geophysical survey covering 2,500 square kilometres of its exploration ground in Ireland's prospective Limerick and Silvermines Basins. The Tellus survey, conducted by Ireland's Geological Survey, will integrate into the company's 'Big Think' regional exploration program to advance high-quality drill targets ahead of an extensive 2019 drilling campaign.
New Mount Polley report - B.C. communities and watersheds remain at serious risk of failure
A new report by Dr. David Chambers commissioned by First Nations Women Advocating Responsible Mining finds that B.C. has failed to fully implement recommendations from the 2014 Mount Polley tailings dam disaster. The province still faces the Expert Panel's prediction of two tailings dam failures every 10 years, with 123 tailings storage facilities needing to be reduced to 60.
Mount Polley: Disciplinary hearings announced for three individuals
Engineers and Geoscientists British Columbia has announced disciplinary hearings for three individuals related to the 2014 Mount Polley Mine tailings storage facility breach. The hearings follow a lengthy investigation that reviewed over 13,000 documents and are scheduled for 2019.
Colonial Coal International Corp.: results of AGM and appointments
Colonial Coal International Corp. announced the results of its September 2018 annual general meeting, where shareholders elected six directors and approved standard corporate matters. The board subsequently confirmed executive appointments including David Austin as President and CEO and John Perry as COO.
BC Mine Reclamation Award and Scholarship Recipients Announced
The British Columbia Technical and Research Committee on Reclamation presented the 2017 BC Mine Reclamation Award to Teck Highland Valley Copper Partnership for innovative use of tailings ponds and pit lakes as aquatic habitat and water treatment facilities. The 20-year progressive reclamation project has created a self-sustaining rainbow trout fishery and supports 150 bird species.
Keeping up with trench work - connecting people
MB Crusher showcases how their mobile crushing and screening equipment is revolutionizing pipeline construction across global projects. Their buckets attach directly to excavators, processing materials on-site to reduce transport costs and construction times for major oil and gas infrastructure projects.
Initial vanadium sampling results received: Ethos increases land position and commences trenching
Ethos Gold Corp. reported encouraging vanadium sampling results from its Pine Pass and Ursula projects in northeastern British Columbia, with soil samples returning up to 5,700 ppm V (1.02% V2O5). The company has expanded both properties and allocated C$270,000 for Phase 2 exploration including trenching and additional sampling.
Seabridge Gold’s KSM Program confirms key geotech/reserve data and extends Iron Cap deposit
Seabridge Gold reported positive progress on its 2018 drilling program at the KSM Project in northwestern BC, despite weather and wildfire delays. The company completed confirmation drilling to support its reserve model and is advancing exploration at the Iron Cap deposit, with initial results suggesting near vertical continuity to at least 1,800 meters depth.
Pretivm to repurchase precious metals stream and Osisko responds
Pretium Resources announced it will repurchase its 8% gold and silver stream on the Brucejack Mine for US$237 million by December 31, 2018, originally sold for US$150 million as part of construction financing. The company produced 339,000 ounces of gold in its first year of operation and maintains production guidance of 200,000-220,000 ounces for H2 2018.