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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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Alaska Structures to showcase TSX-Series fabric structures at MINExpo 2016
Alaska Structures is showcasing their TSX-Series portable fabric buildings at MINExpo 2016 in Las Vegas. These durable, portable structures are designed specifically for mining workforce housing and camp systems, offering advantages over traditional tents and permanent buildings.
Check-up with the rock doctor
TMAC Resources CEO Catharine Farrow discusses the company's Hope Bay Project in Nunavut, with the Doris North gold mine already in production since Q4 last year. The mill is under construction and expected to achieve commercial production by the end of Q1 next year, with two additional mines planned over the next 5-6 years.
Shift Rescue breathes new life into mining industry
Focus FS launched Shift Rescue, a digital mine rescue incident application, at the 10th International Mine Rescue Competition in Sudbury. The software digitally captures critical rescue data including team information, maps, photos, and reports for both training and real-life rescue events. The product was developed with Ontario Mine Rescue and deployed during the competition featuring 27 teams from 13 nations.
Canadian institute helps developing countries get maximum mining benefit
The Canadian International Resources and Development Institute (CIRDI), a Vancouver-based coalition of three universities, works to help developing countries maximize benefits from natural resource extraction through education and governance programs. The organization is currently implementing projects in Ecuador, Mongolia, Peru, and West Africa to improve mining practices and regulatory frameworks.
Bellhaven announces Paul Zweng as CEO and Chairman of the Board
Bellhaven Copper & Gold appointed Dr. Paul Zweng as CEO and Chairman, with Millie Paredes becoming COO and President. Zweng previously led the company during 2010-2012 when shares gained 126.3%, and plans to restart drilling at the La Garrucha prospect following promising results of 271m @ 1.03 g/t gold.
CanAlaska options West Carswell diamond property to Canterra Minerals
CanAlaska Uranium has optioned its West Carswell diamond property to Canterra Minerals, allowing Canterra to earn up to 70% interest through staged payments totaling $200,000 cash, 3 million shares, and $5 million in work commitments. The 4,800-hectare property contains six magnetic anomalies interpreted as potential kimberlite pipes in Saskatchewan's Athabasca Basin.
Growing calls for northern infrastructure bank
The Canadian Chamber of Commerce and Mining Association of Canada are advocating for a northern infrastructure bank to address the infrastructure deficit that makes mining costs 2 to 2.5 times higher in remote northern regions. The proposed Canada Infrastructure Bank could provide financing for mine-related infrastructure that also benefits Indigenous communities and enhances trade access.
Glencore sweeps the 2016 TSM Excellence Awards
Glencore received two 2016 TSM Excellence Awards for innovative sustainability projects at its Canadian operations. The Raglan Mine in northern Quebec won the Environmental Excellence Award for its 3-megawatt wind turbine project that saved 2.1 million litres of diesel in its first year, while Kidd Operations in Ontario won the Community Engagement Award for its $1 million community partnership fund.
Recipient of the Paul Stothart Memorial scholarship announced
The Mining Association of Canada announced Alexander Pritchard as the 2016 recipient of the Paul Stothart Memorial Scholarship in Mineral Economics, valued at $3,500. Pritchard is pursuing an MBA at the University of Ottawa and has extensive mineral exploration experience with Sander Geophysics Ltd.
Global mining sector prepares to meet with renewable energy leaders in Toronto
Energy and Mines World Congress brings together over 40 senior mining leaders with renewable energy experts in Toronto on November 21-22, 2016. The event focuses on collaboration between mining and renewables to reduce energy costs and carbon exposure, featuring case studies from global mining operators including Goldcorp, Barrick Gold, and Newmont.
MAC’s tailings management requirements strengthened
The Mining Association of Canada has strengthened its mandatory Towards Sustainable Mining tailings management requirements following the 2014 Mount Polley incident. MAC's Board accepted amendments based on 29 recommendations from an independent Task Force, with additional changes expected in November 2016.
CanAlaska to survey Alberta Kimberlite targets
CanAlaska Uranium announced it has contracted Goldak Airborne Surveys to conduct high-definition airborne magnetic surveys over its 100% owned Alberta diamond exploration property. The company holds over 290,000 acres across three diamond projects northeast of kimberlite indicator minerals discovered in the Fort McKay - Fort McMurray area, with surveys showing circular magnetic anomalies similar to those found in Saskatchewan.
Mining’s Innovation Mission
The Canada Mining Innovation Council launched the Towards Zero Waste Mining (TZWM) strategy to eliminate mine waste and tailings while reducing environmental footprint. The initiative now involves 40 mining companies and service providers investing in clean technologies including electric mining equipment and advanced environmental management systems.
Cenovus has strong second-quarter operational performance
Cenovus Energy delivered strong Q2 2016 operational performance with Foster Creek reaching nearly 69,000 bbls/d net production in June and Christina Lake exceeding 78,000 bbls/d net. The company achieved significant cost reductions with oil sands operating costs down 24% year-over-year and maintains nearly $8 billion in liquidity.
Teck announces 2016 second quarter profit
Teck Resources reported Q2 2016 profit of $15 million compared to $63 million in Q2 2015, while noting positive trends in zinc and steelmaking coal prices. The company strengthened its balance sheet by extending credit facilities and reducing near-term debt maturities, while achieving cost reductions across operations.
Dominion Diamond Corporation announces trial results, strategies and departure of CFO
Dominion Diamond Corporation announced successful production trial results from its Misery Main ore body at Ekati, recovering 130,000 carats valued at $72 per carat. The company unveiled a new capital allocation strategy including development of Sable and Jay projects, a share buyback program for up to 7.2% of outstanding shares, and the departure of CFO Ron Cameron.
Teck announces retirement of Greg Waller, Vice President, Investor Relations and Strategic Analysis
Teck Resources announced that Greg Waller, VP of Investor Relations and Strategic Analysis, will retire in mid-2017 after more than 30 years with the company. Waller joined Teck in 1984 and took on investor relations responsibilities in 2006, recently receiving the 2016 Belle Mulligan Award for Leadership in Investor Relations. The company is conducting a search for his replacement.
Madeleine Suska, industry pioneer and geologist, honoured by Coal Association of Canada
The Coal Association of Canada honoured geologist Madeleine Suska with its 2016 Award of Distinction for her decades-long contributions to coal exploration and mapping. Suska discovered and mapped major coal fields in northeastern British Columbia and Alberta through extensive horseback expeditions, including discoveries that led to development of the Northeast British Columbia Coal Block containing the Tumbler Ridge area.
The secret to Hecla Mining Company’s 125 years of success
Hecla Mining Company celebrates 125 years as America's oldest mining company on the NYSE, highlighting its position as the largest U.S. primary silver producer. The company attributes its longevity to management continuity, long-life low-cost assets like Greens Creek (28 years operating, 200 million oz silver produced), and strategic technology adoption including battery-powered underground equipment and wireless systems.
Stornoway commences ore processing at Renard Diamond Project
Stornoway Diamond Corporation has commenced ore processing at its Renard Diamond Project in Quebec, marking the start of Quebec's first diamond mine. The project is ramping up to achieve 100% of plant nameplate capacity (2.16 million tonnes per annum) within 9 months, with 1 million tonnes of ore already stockpiled.
Imperial Metals launches lawsuit over Mt. Polley dam breach
Imperial Metals has filed a lawsuit against engineering firms Knight Piesold and AMEC (now Amec Foster Wheeler) over the 2014 Mount Polley tailings dam collapse that spilled 24 million cubic metres of waste into a nearby lake. The company alleges negligence and breach of contract, having spent $60-70 million on remediation and faced nearly two years of production losses.
Mount Polley Mine receives authorization for return to normal operations
Imperial Metals' Mount Polley Mine has received regulatory authorization to return to normal operations after completing repairs and buttressing of its Tailings Storage Facility following the 2014 breach. The mine will restore approximately 350 direct jobs and resume copper-gold production.
Geoscience BC announces 2016 scholarship winners
Geoscience BC announced ten recipients of its 2016 scholarship awards, each worth $5,000, bringing the organization's total investment in student geoscience education to $435,000 since 2007. The scholarships support post-graduate students working on British Columbia-based mineral or energy exploration projects, with recipients studying copper, gold, oil and gas projects across the province.
MGX Minerals taking “significant step” in the transition from exploration to mining
MGX Minerals completed a 100-tonne bulk sample at its flagship Driftwood Creek magnesium project in BC and acquired a full-scale pilot plant mill on a trial basis. The company expects to complete its NI 43-101 resource estimate by end of July and aims for production within the year.