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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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Kootenay West gypsum mine granted an environmental assessment certificate
CertainTeed Gypsum Canada Inc. has received an environmental assessment certificate for its Kootenay West gypsum mine in British Columbia, a 135-hectare open-pit operation expected to produce 400,000 tonnes annually over 43 years. The project will replace the company's existing Windermere Operations near Invermere and includes extensive environmental protections developed in collaboration with the Ktunaxa Nation and Shuswap Indian Band.
Colorado drills 188 meters of 0.41 g/t Au and 0.32% Cu extending mineralization at North ROK
Colorado Resources reported results from a 2,529.4m six-hole drilling program at the Mabon Zone of its North ROK Project in northwestern British Columbia. The program successfully extended known mineralization beyond the 2014 Inferred Resource limits, with the best intersection being 188m of 0.41 g/t gold and 0.32% copper. The results demonstrate that porphyry copper-gold mineralization extends over apparent widths up to 200m along a 600m strike length to depths of 500m.
Monarques Gold produces 5,444 ounces of gold and generates $10.3 million in revenue 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.
Mountain Province Diamonds provides exploration update on southwest corridor at the Gahcho Kué Mine
Mountain Province Diamonds reported successful exploration results from the Southwest Corridor at Gahcho Kué Mine, intercepting kimberlite in all six holes drilled to date. The company has completed 70% of a ground gravity survey that identified a potential new target between Tesla and Tuzo pipes, with drilling expected to continue until mid-March 2018.
Westhaven commences ground geophysics on its Shovelnose Gold Property
Westhaven Ventures has commenced ground geophysics on its 18,768-hectare Shovelnose gold property in BC's Spences Bridge Gold Belt. The company is conducting 11 line kilometres of ground magnetics to extend coverage south of the Alpine South Zone and improve drill targeting following recent drilling that intersected 85 metres of 0.52 g/t Au.
Boreal Metals Corp. announces execution of Definitive Agreement to acquire Cobalt Project in Norway
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.
McEwen Mining reports 2017 full year and Q4 production results
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.
New name, new beginning
North Coal Limited, formerly CanAus Coal Limited, rebranded in November 2017 and is developing the Michel Coal Project in BC's Elk Valley with over 100 million tonnes of in-situ metallurgical coal. The company plans to become a new coal producer within 3-4 years, with an estimated mine life of 20-30 years.
FPX Nickel reports new surface samples expanding large-scale Van Target at Decar Nickel District
FPX Nickel announced new surface sampling results from the Van Target at its Decar Nickel District in central BC, defining a 2.9 square kilometer mineralized area with DTR nickel grades comparable to the company's Baptiste deposit. The Van Target is now considered drill-ready and potentially more compelling than Baptiste was before initial drilling in 2010.
Azincourt Energy signs Definitive Agreement to acquire five lithium projects in Manitoba
Azincourt Energy signed a definitive agreement to acquire up to 100% interest in five lithium exploration projects covering 6,000 hectares in Manitoba's Winnipeg River Pegmatite Field. The projects include drill-ready targets with historical estimates and recent sampling showing lithium grades up to 4.33% Li2O, positioning the company in Canada's premier lithium district.
Golden Dawn completes dewatering at Greenwood Precious Metal Project
Golden Dawn Minerals has completed dewatering at its Lexington mine within the Greenwood Precious Metal Project in BC, finding underground workings in excellent condition. The company is advancing toward production restart in Q2 2018 with $2 million in remaining startup costs and completed a $337,500 private placement financing.
Skeena intersects 19.26 g/t gold over 11.85 metres at Snip
Skeena Resources reported high-grade gold intersections from underground drilling at its Snip project in BC's Golden Triangle, with the standout result of 19.26 g/t gold over 11.85 metres from hole UG17-035. The drilling successfully extended the Twin Zone mineralization and identified new zones like the 412 Zone, with results still pending from 21 additional holes.
Appointment of Stephen Grocott 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.
Rock Star: Brandon Macdonald, Fireweed Zinc CEO and director
Brandon Macdonald, CEO of Fireweed Zinc, discusses his career journey and the company's Macmillan Pass zinc-lead-silver project in Yukon. The project contains historical resources of 6.4 million tonnes at high grades and shows potential for significant expansion, with a resource update expected soon that management believes will surprise the market positively.
Teck announces appointment of Kalev Ruberg
Teck Resources has appointed Kalev Ruberg as Vice President, Teck Digital Systems and Chief Information Officer. Ruberg has been with Teck since 2006 and brings over 40 years of information systems and technology experience to his expanded role.
Teck provides update on Fort Hills Project
Teck Resources provided an update on the Fort Hills oil sands project, confirming that more than 80% of the plant is now operational and first oil is expected in mid-January 2018. The project partners have also resolved a commercial dispute, with Suncor and Teck acquiring additional working interests from Total.
Seabridge Gold to drill Courageous Lake Project this winter
Seabridge Gold announced a 36-hole, 7,200-meter winter drilling program at its Courageous Lake Project in Northwest Territories, targeting seven areas that could extend mine life. The company is looking for more Walsh Lake-style deposits that could be mined before the main FAT deposit, potentially generating early cash flow for the remote project.
Teck Resources updates steelmaking coal guidance
Teck Resources provided Q4 2017 guidance updates for its steelmaking coal operations, confirming sales volumes of approximately 6.5 million tonnes and expected realized prices of US$165-170 per tonne. The company indicated it expects to return to a more typical premium steelmaking coal product mix in 2018.
Boreal completes Surface IP Geophysics at Burfjord, Norway
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.
Angela Hamlyn appointed Executive Director of CIM
The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) has appointed Angela Hamlyn as Executive Director effective January 1, 2018. Hamlyn, who served as Interim ED for seven months, brings over a decade of experience with CIM including roles as Editor-in-Chief of CIM Magazine and Director of Communications. The appointment comes as CIM prepares to celebrate its 120th anniversary and positions the organization for strategic growth.
Honey Badger exploration stakes additional Polymetallic Silver, Gold, Zinc, Lead and Cobalt
Honey Badger Exploration has staked additional land in Ontario's historic Thunder Bay Silver District, acquiring the Mink and Silver Mountain properties. The properties are located near past-producing silver mines, including the Silver Mountain Group which produced 700,000 oz of silver from 1888-1903, positioning the company in a prospective polymetallic district.
Application made to increase Brucejack production to 3,800 tonnes per day
Pretium Resources has submitted an application to British Columbia regulators to increase production at its Brucejack Mine from 2,700 to 3,800 tonnes per day. The expansion would boost annual production capacity from 0.99 million tonnes to 1.387 million tonnes, with preliminary engineering estimates suggesting capital costs of less than US$25 million for the required mill capacity upgrades.
Arctic Economic Council welcomes Korea Shipowners’ Association as first sub-Arctic member
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.
Finning South America secures significant mining contract in Chile
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.