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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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Brixton Metals appoints Randall Thompson as a New Director
Brixton Metals Corporation appointed Randall Thompson to its Board of Directors, bringing 30 years of mine development experience including leadership roles at the Huckleberry copper-molybdenum mine in BC. Thompson previously supervised major projects including a $100 million Huckleberry expansion and $450 million Jabal Sayid mine construction in Saudi Arabia.
Rock Tech completes hydrogeological survey at Georgia Lake
Rock Tech Lithium completed a hydrogeological survey at its Georgia Lake lithium property in Ontario's Thunder Bay Mining District as part of its first Preliminary Economic Assessment. The survey by DMT GmbH found low groundwater permeabilities that should not pose major challenges for mining drainage, supporting the feasibility of the project which contains 13.29 million tonnes of lithium resources.
Teck announces Board Appointment and Succession Plan for Chairman
Teck Resources announced a major board succession plan with Dominic Barton, former Global Managing Partner of McKinsey & Company, joining as Chairman on October 1, 2018, replacing retiring Chairman Norman B. Keevil. The transition brings significant global business experience and strategic insight to lead Teck's continued growth in copper, steelmaking coal, zinc and energy operations.
Monarques Gold produces 4,695 ounces of gold and generates $10 million in revenue in fourth quarter
Monarques Gold produced 4,695 ounces of gold in Q4 2018, generating $10 million in revenue despite a 5% production decline from the previous quarter. The company initiated a feasibility study on its Wasamac deposit with 2.6 million ounces of measured and indicated resources, while custom milling operations grew 31% to offset production declines.
Teck provides update on Galore Creek Project
Teck Resources announced that its joint venture partner NOVAGOLD has agreed to sell its 50% interest in the Galore Creek copper-gold-silver project in northwestern BC to Newmont for US$275 million. Teck and Newmont will invest $12-20 million annually over 3-4 years to complete an updated prefeasibility study for the large undeveloped deposit.
Geoscience BC calls for project proposals to generate new minerals research and data
Geoscience BC released six Requests for Proposals (RFPs) to generate new mineral resource research and data for public benefit in British Columbia. The proposals focus on copper-gold deposits, new discovery tools, big data analytics, water understanding, future mining practices, and preserving geoscience heritage, with submissions due October 1, 2018.
Transparency and confidence waning in Canada’s mining exploration permit process
The Fraser Institute released a study showing that mining exploration permit processes in Canadian provinces have become less transparent and take longer than 10 years ago, deterring investment. Ontario leads with 50% of respondents citing lack of transparency as an investment deterrent, followed by BC at 48% and Quebec at 40%.
Mining Association of Canada comments on cabinet shuffle
The Mining Association of Canada welcomed the appointment of Amarjeet Sohi as Canada's new Minister of Natural Resources, replacing Jim Carr who moved to International Trade Diversification. MAC expressed optimism about working with both ministers on the new federal-provincial Minerals and Metals Strategy and highlighted the mining sector's $57.6 billion contribution to national GDP.
Ecofiscal Commission urges governments to make environmental disasters less likely by closing gaps
Canada's Ecofiscal Commission released a report calling for better financial assurance policies to price environmental risk and reduce industrial disasters. The report examines liability gaps that shift cleanup costs from companies to taxpayers and recommends tools like insurance and cash deposits to incentivize risk reduction.
Azincourt Energy Adds Cat 4 Claim to Lithium Two Project; Expands Eagle Pegmatite to the West
Azincourt Energy and joint venture partner New Age Metals have expanded their Lithium Two project in Manitoba by adding the Cat 4 claim, which nearly doubles the land package and extends the Eagle Pegmatite to the west. The project contains a historical resource of 545,000 tonnes at 1.4% Li2O, with drilling scheduled to begin shortly and 48 samples currently being analyzed.
Mountain Province Diamonds appoints Stuart Brown to the Board of Directors, President and CEO
Mountain Province Diamonds appointed Stuart Brown as permanent President and CEO effective July 1, 2018. Brown expressed enthusiasm about building on the company's solid foundation and executing value-adding initiatives. Mountain Province holds a 49% stake in the Gahcho Kué diamond mine with De Beers Canada in the Northwest Territories.
Brucejack Mine Q2 2018 production update; steady-state production achieved
Pretium Resources announced that its Brucejack Mine in northern British Columbia has achieved steady-state production in Q2 2018. This represents a significant operational milestone for the gold mine, indicating the project has reached its planned production capacity and operational efficiency.
Canadian stone quarrier Polycor Inc. invests in Europe with the acquisition of 4 limestone quarries
Quebec-based natural stone company Polycor Inc. acquired four limestone quarries in Burgundy, France from Rocamat, including the historic Massangis stone quarry. The acquisition includes plans to upgrade equipment and infrastructure while bringing back 18 employees, expanding Polycor's global footprint to offer French limestone to North American clients.
Auryn to Commence Drilling at Committee Bay Gold Project
Auryn Resources announced the commencement of a 10,000-meter drill program at its Committee Bay gold project in Nunavut on July 15, 2018. The program will test six targets including follow-up drilling on the 2017 Aiviq discovery that returned 12.2m of 4.7g/t gold. The drilling represents follow-up work on three years of exploration and new high-grade discoveries.
New phase of exploration underway at East Cadillac Gold Project in Quebec
Chalice Gold Mines has commenced a C$1.9 million field exploration program at its East Cadillac Gold Project in Quebec, running July-September 2018. The program aims to assess newly identified targets, investigate recent gold discoveries at North Contact and Lac Rapides, and define drill-ready targets for late Q4 2018 drilling.
TMAC achieves a significant permitting milestone at Hope Bay
TMAC Resources received a positive recommendation from the Nunavut Impact Review Board for its Madrid-Boston Project at Hope Bay, a significant permitting milestone. The project proposes commercial mining at three gold deposits and would allow processing up to 6,000 tonnes per day when combined with the existing Doris mine.
Impressive financial performance spurs surge in mining investments
PwC's Mine 2018 report reveals Canadian mining companies increased exploration spending by 31% to CA$620 million in 2017, more than double the average increase of global Top 40 miners. Canadian companies are also leading in digital innovation partnerships and diversity, with women representing 25% of board directors compared to 19% globally.
MB Crusher dominates the field for Qatar FIFA 2022
MB Crusher equipment is being utilized extensively in Qatar's FIFA 2022 World Cup stadium construction projects, with over $100 billion invested in infrastructure. The company's MB-S18 screening bucket is helping Al-Jaber and Makhlouf Company complete Al Furousiya Street works more efficiently by processing excavated materials on-site, reducing transport costs and time.
Mr. Sam Farris succeeds Dr. Ulrich Lamp as President of K+S Potash Canada
K+S Potash Canada announced that Sam Farris has succeeded Dr. Ulrich Lamp as President effective July 1, 2018, following Lamp's retirement. Farris will continue as General Manager of the Bethune mine while taking on broader presidential responsibilities. The announcement honors Lamp's 31-year career with K+S, including his leadership in constructing the Bethune mine, Saskatchewan's first new solution potash mine in nearly 50 years.
Impressive financial performance spurs surge in mining investments
PwC's Mine 2018 report shows Canadian mining companies increased exploration spending by 31% to CA$620 million in 2017, more than double the average increase of the Top 40 global miners. Canadian miners are also leading in digital innovation through strategic partnerships with startups and achieving 25% female board representation compared to 19% globally.
Appointment of Sue Craig as Vice President of Community & Environment
Kutcho Copper Corp. has appointed Sue Craig as Vice President of Community & Environment, replacing Allison Rippin Armstrong who moves to an advisory role. Craig brings over 25 years of BC/Yukon mining experience and has received multiple industry awards for environmental stewardship and community relations excellence.
Greenstone Gold Mines signs Definitive Agreement with Long Lake #58 First Nation
Greenstone Gold Mines, a 50/50 joint venture between Premier Gold and Centerra Gold, signed a Definitive Agreement with Long Lake #58 First Nation for the development of the Hardrock Project in Ontario's Geraldton-Beardmore Greenstone Belt. The agreement establishes environmental monitoring, employment opportunities, and business partnerships, marking the first such agreement with an impacted First Nation community for this 15-year mine life project.
Kutcho Copper begins drilling at Kutcho High Grade Copper-Zinc Project
Kutcho Copper Corp. has commenced drilling at its 100% owned Kutcho high grade copper-zinc project in northern British Columbia. The program consists of 12,000 metres of geotechnical, metallurgical and resource expansion drilling using two rigs, with completion expected by mid-October 2018.
Finning opens Used Equipment Centre
Finning Canada opened its first Used Equipment Centre in Acheson, Alberta on June 15, consolidating used equipment inventory in a central location with demonstration capabilities. The facility provides a one-stop shop for customers to access, test, and purchase used equipment ranging from skid steers to motor graders.