Discover by Category
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...
1,000 stories
The biggest mines in BC by revenue
Highland Valley Copper in Logan Lake topped British Columbia's mines by revenue in 2014 with $943 million, representing a 6% increase over 2013. The copper and molybdenum operation led a ranking published by Business in Vancouver despite overall sector revenue declining due to commodity downturn.
QMEA 2015 Recognition Awards
The Quebec Mineral Exploration Association (QMEA) held its 2015 Recognition Awards Gala, honoring outstanding contributions to Quebec's mineral sector. Eastmain Resources won Discovery of the Year for its Eau Claire project, while Integra Gold received Entrepreneur of the Year. The event celebrated the dynamism and entrepreneurial qualities of QMEA members.
Quality support at Xplor 2015 to highlight QMEA’s 40 years of service
The Quebec Mineral Exploration Association held its annual Xplor 2015 conference in Montreal, attracting over 1,200 participants and 130 exhibitors despite industry downturn. The association celebrated its 40th anniversary and announced Xplor 2016 for October 2016.
College of the Rockies introduces students to geology
College of the Rockies geology students toured the Bull River Mine site owned by Purcell Basin Minerals Inc as part of their educational program. The mine, active in the 1960s-70s, is currently working toward receiving permits to reopen operations.
PotashCorp drops K+S takeover proposal
PotashCorp has withdrawn its €41 per share takeover proposal for German potash producer K+S, citing challenging economic conditions and lack of engagement from K+S management. The proposal, which represented a 59% premium, would have combined complementary assets across geographies and products.
Teck announces $610m silver streaming agreement with Franco-Nevada
Teck Resources announced a $610 million silver streaming deal with Franco-Nevada linked to production at the Antamina mine in Peru. Under the agreement, Franco-Nevada will pay $610 million upfront and 5% of spot price for silver deliveries equivalent to 22.5% of Antamina's payable silver production. Teck's stock price jumped 17% following the announcement.
Canada’s junior miners must embrace unique strategies to survive continued economic challenges
PwC's annual report reveals Canada's junior mining sector continues to struggle with equity financing down 25% to $514 million and cash reserves dropping from $10 million to $7 million on average. The report identifies five survival strategies including market aggregation, de-risking partnerships, and innovation adoption.
MAC & PDAC: Trans-Pacific Partnership will benefit Canada’s mining sector
The Mining Association of Canada and PDAC both expressed strong support for Canada's participation in the Trans-Pacific Partnership trade agreement. The TPP would reduce tariffs on Canadian mining exports to key markets, with current tariffs ranging up to 50% in some TPP countries, and represents a $28.5 trillion trading bloc covering 800 million consumers.
Murray River Coal project granted environmental assessment approval
HD Mining International Ltd. received environmental assessment approval for its Murray River Coal project near Tumbler Ridge, BC, subject to 24 legally-binding conditions. The $668 million underground coal mine will produce 4.8 million tonnes annually over 25 years and create 780 jobs during operations.
MGX Minerals agrees to buy former Cranbrook Tembec mill site for $3.7M
MGX Minerals has signed a definitive agreement to acquire Tembec's defunct 98-acre Cranbrook mill site for $3.7 million to process industrial minerals from its Driftwood Creek magnesium project. The fully serviced industrial site includes existing buildings, processing infrastructure, and access to natural gas, water, power and rail, positioning MGX to advance its magnesium oxide production plans in British Columbia.
Alloycorp Mining CEO Gordon Bogden steps down
Alloycorp Mining announced the immediate resignation of CEO Gordon Bogden, who will be replaced temporarily by Chairman Mario Caron while a global executive search is conducted. The company is developing the Avanti Kitsault molybdenum project in British Columbia with a $1 billion investment aimed at creating one of the world's top four primary molybdenum mines.
Electra Stone ships first 18 tonnes of BC Jade to China
Electra Stone completed its first direct shipment of 18 tonnes of BC Nephrite Jade from Port of Tsawwassen to Shanghai, marking a milestone in the company's vertical integration strategy connecting BC jade mining to Chinese end buyers. Management will travel to Shanghai to meet with jade carvers, manufacturers and resellers in the region that represents the largest import market for BC Nephrite Jade.
APEGBC and AME BC sign Memorandum of Understanding
APEGBC and AME BC signed a Memorandum of Understanding to formalize cooperation between the two professional organizations. The agreement aims to advance engineering and geoscience professions in BC while promoting unified positions on professional practice and development in the mineral exploration sector.
Kaminak announces new, Northern access road route to Coffee Project endorsed by First Nation
Kaminak Gold has selected a northern access route from Dawson City to its Coffee gold project in Yukon, requiring only 30 km of new construction out of 190 km total. The route has received strong support from the Tr'ondëk Hwëch'in First Nation and is expected to cost less than the previously estimated $35 million southern route.
Pretium Resources Inc. raises US$540 million in construction financing for Brucejack Project
Pretium Resources secured US$540 million in construction financing to develop the underground Brucejack gold mine. This substantial funding package will cover a significant portion of the project's development costs.
Fording River Operations Swift project granted environmental assessment approval
Teck Coal Ltd. has received environmental assessment approval for its Fording River Operations Swift project expansion in British Columbia's Elk Valley. The approval comes with 19 legally binding conditions and amid challenging coal market conditions that make the timing of project development uncertain.
Gold Hill property hopes to hit originating source of Wild Horse Gold
American Creek Resources has acquired the Gold Hill property in British Columbia's historic Wild Horse Creek gold rush area, where $15-30 million worth of gold was extracted starting in 1864. The company has begun initial field work and is evaluating multiple partnership offers for the 418-hectare property.
Update on the Pretium Resources Brucejack Project
Pretium Resources has received all major regulatory permits required to begin development of its Brucejack gold project in northern British Columbia. The permits allow construction of a 2,700 tonnes per day processing plant and underground mine development, with commercial production targeted for 2017.
TNDC and the Tahltan Nation invest in Imperial Metals
The Tahltan Nation Development Corporation has invested in Imperial Metals Corporation through convertible debenture financing to support the Red Chris mine operations. This investment strengthens the partnership between the Indigenous nation and the mining company, with Red Chris employing approximately 40% Tahltan workers and providing additional contract opportunities. The move advances TNDC's strategic plans to diversify revenue streams while reinforcing their co-management agreement.
Canadian Mining Eye index sees first gain in a year (+4%): EY
EY's Canadian Mining Eye index posted its first gain in a year, rising 4% in Q2 2015 despite continued pressure from weak metal prices and macroeconomic headwinds. The report highlights that while companies remain cautious with capital expenditure, some surprised investors with better-than-expected results and steady project progress.
Gran Colombia Gold Announces Second Quarter and First Half 2015 Results
Gran Colombia Gold reported strong Q2 2015 results with gold production increasing 19% to 28,495 ounces and total cash costs dropping 29% to $779 per ounce. The company achieved adjusted net income of $1.8 million compared to a $6.1 million loss in Q2 2014, driven by improved production at its Colombian Segovia Operations and favorable currency impacts.
SMS Equipment is now representing Sandvik Surface Drilling equipment
SMS Equipment has been named the authorized distributor for Sandvik Mining Surface Drilling products across Canada, including blasthole drills, surface DTH drills, and top hammer drills. This partnership expands SMS Equipment's mining solutions portfolio and leverages their nationwide service network to support Canadian mining operations.
Santa Fe Metals exploring near historic Sullivan mine
Santa Fe Metals sold its Mexican Cuatro Cienegas property for $150,000 to focus entirely on large-scale zinc-lead-silver targets in southeastern British Columbia, including the Sully project located 30km from the historic Sullivan Mine. The company has defined twin parallel vertical targets at Sully with over 2,000m strike length and recent drilling passed within 100m of the East mass target.
Brucejack Mine receives Mines Act permit and federal approval
Pretium Resources' Brucejack gold and silver mine received final provincial Mines Act permit and federal approvals, clearing the way for construction to begin in 2015. The $750M USD underground mine will create 900 construction jobs and 500 operational jobs over an 18-year mine life, targeting commercial production by 2017.