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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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Kennady Diamonds announces Mineral Resource of 13.62 Million Carats for the Kelvin Kimberlite
Kennady Diamonds announced a maiden Indicated Mineral Resource of 13.62 million carats for the Kelvin kimberlite at its Kennady North Project in NWT, with an average grade of 1.60 carats per tonne and value of US$63 per carat. The resource is based on extensive drilling and bulk sampling programs, and the company is expanding its preliminary economic assessment to include both Kelvin and Faraday kimberlites.
Bravura announces submission of plan of operations application for its Musgrove Creek Project
Bravura Ventures has submitted a Plan of Operations application to the U.S. Forest Service for its Musgrove Creek Gold Project in Idaho, requesting permission to build drill roads and sites. The application covers a three-year flexible drilling program that could include up to 42 holes totaling 12,800 metres of drilling across 14 drill sites.
De Beers returns West Athabasca to CanAlaska
De Beers has returned the West Athabasca diamond project to CanAlaska after drilling seven targets, concluding that 85 magnetic anomalies are likely caused by magnetic organic material rather than kimberlite. CanAlaska plans to continue evaluating 78 remaining targets and is marketing similar properties to third parties for diamond exploration.
Bob Moffatt: A pioneer of Canada’s energy sector
Fifth-generation coal miner Bob Moffatt, who began working at Alberta's Atlas Coal Mine at age 16, has returned decades later as a tour guide at the preserved historical site. Moffatt shares his family's mining legacy spanning five generations and provides authentic historical context about Canada's early coal mining industry in the Drumheller Valley.
7 must-visit museums on the Prairies to learn about Canada’s mining and energy industries
This article profiles seven museums across the Prairie provinces that showcase Canada's mining and energy heritage. The Atlas Coal Mine in Drumheller stands out as Canada's most complete coal mining historic site, while other featured museums cover oil discovery, potash mining, and mineral geology.
Goldcorp debuts “all-electric” mine—eliminates diesel usage
Goldcorp is developing Canada's first all-electric underground mine at its Borden Gold project, partnering with Sandvik Mining and MacLean Engineering to eliminate diesel usage. The initiative will reduce greenhouse gas emissions by 5,000 tons of CO2 annually and decrease ventilation requirements by 50%. The first battery-powered equipment is scheduled to begin operations in the second half of 2017.
IDM Mining says Red Mountain project in Golden Triangle on track
IDM Mining reported progress on its Feasibility Study for the Red Mountain gold-silver project in BC's Golden Triangle, building on a July 2016 PEA that showed strong economics with an after-tax NPV of $86.6 million and 32.3% IRR. The company completed infill drilling, metallurgical work, and tailings facility design while working with regulators and the Nisga'a First Nation.
Teck announces $285US Q1 coal benchmark—new collective agreements at Elkview & Fording River
Teck Resources announced a $285 USD per tonne benchmark price for Q1 2017 for its highest quality steelmaking coals. The company also secured new five-year collective agreements at its Fording River and Elkview mines in BC, though this will result in a one-time $35 million after-tax charge in Q4.
The Northern Miner cuts frequency by 50%—drops to 26 issues a year
The Northern Miner, after 101 years of weekly publication, is reducing its frequency by 50% to publish bi-weekly starting with 26 issues per year instead of 52. The mining industry publication plans to maintain the same content volume by producing larger 24-page editions every two weeks.
Denison to continue drilling uranium target on CanAlaska’s Moon Project
CanAlaska announced that Denison Mines will continue drilling on the Moon South claim in Saskatchewan's Athabasca Basin, following initial results including 0.5 metres of 0.102% U3O8 at the unconformity. Ground surveys are underway ahead of a summer drill program targeting the CR-3 conductor trend.
Barkerville Gold Mines enters into relationship agreement with Lhtako Dene First Nation
Barkerville Gold Mines has entered into a Relationship Agreement with Lhtako Dene First Nation for its Cariboo Gold Project in British Columbia. The agreement establishes the framework for cooperation on exploration and mining activities, with Barkerville issuing 400,000 common shares to the First Nation and both parties planning to negotiate a future Impact Benefit Agreement.
Federal government issues key water licence for Seabridge Gold’s KSM Project
Seabridge Gold received a 25-year water licence from the Government of Canada for its KSM Project's Water Storage Facility in northwestern BC. The licence regulates transboundary water structures on the Unuk River system that flows into Alaska, representing continued federal support for the project's environmental design.
Kazzinc commits to RungePincockMinarco’s (RPM’s) Enterprise Planning Platform
Kazzinc, a Glencore-owned major zinc and gold producer in Kazakhstan, has selected RungePincockMinarco's Enterprise Planning Platform to be implemented alongside SAP systems. The technology deployment will span Kazzinc's entire operation including four underground mines, two open pits, and a concentrator plant to improve operational efficiency and real-time planning capabilities.
Golden Dawn announces closing of Greenwood property acquisition
Golden Dawn Minerals Inc. announced the closing of its acquisition of 100% interest in the Greenwood Assets, including the Lexington and Golden Crown properties and mill facility. The company paid $2.93M cash plus additional consideration including shares, warrants, and $1.3M in work commitments. The acquisition strengthens Golden Dawn's position in the historic Greenwood mining district of British Columbia.
Coal Association of Canada “disappointed” with federal coal phase-out announcement
The Coal Association of Canada expressed disappointment with the federal government's announcement to accelerate the phase-out of traditional coal-fired power generation by 2030. The organization advocates for investment in cleaner coal technologies and carbon capture storage rather than an accelerated phase-out that could result in job losses.
Teck signs agreement to acquire AQM Copper
Teck Resources announced it will acquire all remaining shares of AQM Copper Inc. for CAD$0.23 per share, totaling approximately CAD$25 million in cash consideration. The acquisition will give Teck an 80% interest in the Zafranal copper-gold project in southern Peru, consolidating its position from the current 50% indirect interest.
Magnetite to be shipped by truck from Montana to Elk Valley coal mines
Magnetite from Mexico and South America will be shipped via a new rail-truck route from Montana to Teck's Elk Valley coal mines in BC. The route uses BNSF Railroad to Montana, then Mission Mountain Railroad to Fortine, followed by trucking 80 miles to the Canadian border. This replaces direct CPR rail transport that experienced delays in the interchange process.
Two copper experts join Kincora Copper—both credited with multiple Tier 1 discoveries
Kincora Copper appointed two highly experienced copper exploration experts, Peter Leaman as Senior VP of Exploration and John Holliday as Chairman of a new Technical Committee. Both executives are credited with multiple Tier 1 copper-gold discoveries and will lead exploration across Kincora's expanded 1,500km2 landholding in Mongolia's Oyu Tolgoi belt.
CanAlaska Uranium reviews & updates current project activities
CanAlaska Uranium provided an operational update on its diversified portfolio of uranium, diamond, and base metal projects across Canada. The company has secured $800,000 in cash and $38.7 million in work commitments through option agreements with major partners including Cameco, De Beers, and Denison Mines. Key activities include 3,342 metres of drilling completed by Cameco at the West McArthur uranium project.
Kelvin Diamond Valuation Update
Kennady Diamonds is awaiting final valuation results for diamonds from its Kelvin kimberlite, with over 2,000 carats collected from bulk sampling exercises. The company is conducting two independent market valuations in Antwerp, with results expected within seven to ten days.
American Coal Council congratulates President-elect Donald Trump—“He supports coal and energy jobs”
The American Coal Council issued a congratulatory statement to President-elect Donald Trump, expressing optimism about the future of the coal industry under his administration. The organization highlighted Trump's support for coal and energy jobs, while criticizing recent regulations that have increased costs and led to plant closures.
Copper Mountain records best quarterly results since start-up
Copper Mountain Mining achieved record quarterly production at its Princeton, BC operation with 29.5 million pounds copper equivalent sold for $72.2 million revenue. The company reduced cash costs 16% year-over-year to US$1.45 per pound and increased mill throughput to 39,980 tonnes per day. Management cited operational improvements including the 2014 secondary crusher installation and cost savings initiatives as key drivers of the best quarterly performance since startup.
A troubleshooting tool
Fastec Imaging's TS5 high-speed handheld camera is designed specifically for analyzing mining and blasting operations through slow-motion replay. The camera can capture high-definition video at up to 1,650 frames per second and starts at $13,000 for the base model.
Nolinor Aviation: Beyond expectation
Nolinor Aviation provides specialized charter flight services for mining companies and businesses, offering customized fly-out services with a 98.5% on-time departure rate. The company has expanded operations to Edmonton to serve mining clients and maintains the largest fleet of Boeing 737-200s in Canada.