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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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MAC’s 2019 TSM Excellence Award winners celebrate environmental and community initiatives
The Mining Association of Canada awarded its 2019 TSM Excellence Awards to Glencore's Raglan Mine for its Tamatumani Program that increased Inuit employment by 110%, and to IAMGOLD's Essakane Solar Project in Burkina Faso featuring the world's largest hybrid solar/thermal plant. The awards recognize innovative sustainability and community engagement initiatives in mining operations.
First Cobalt produces battery grade Cobalt Sulfate
First Cobalt Corp. has successfully produced battery grade cobalt sulfate at its Ontario refinery, achieving 20.8% cobalt content and over 99.9% purity. This milestone brings the company closer to recommissioning North America's only permitted primary cobalt refinery, with potential production of 2,000 tonnes annually and cash flow generation within 18-24 months.
1st Quarter 2019: Teck reports $1 Billion profit compared to $1.6 Billion last year
Teck Resources reported Q1 2019 profit of $630 million ($1.11 per share), down from $759 million in Q1 2018. The company closed a $1.3 billion partnership deal with Sumitomo for its QB2 copper project in Chile and regained investment grade credit ratings.
Chalice Gold Mines Limited exploration update – East Cadillac Gold Project, Quebec
Chalice Gold Mines completed an 18-hole reconnaissance drilling programme at its East Cadillac Gold Project in Quebec, discovering a significant new 10km Windward Fault system with anomalous gold intersections. The company also completed a 116.8 line km 3D-IP survey identifying several strong chargeability anomalies, highlighting the district-scale exploration potential along the prolific Larder Lake-Cadillac Fault trend.
Prominent Quebec pension fund increases share position in Osisko Metals
La Caisse de Dépot et Placement du Québec (CDPQ) increased its position in Osisko Metals by acquiring 1 million shares from Executive Chairman Robert Wares. The $309.5 billion pension fund has been a strategic partner since 2014, with the transaction reflecting confidence in Osisko's zinc-focused growth strategy.
International News and Photo Tour: Silvercorp Goes on Chinese Press Tour
Silvercorp Metals hosted a media tour for 26 journalists at its Ying Mining District in China to showcase environmental achievements and green mining practices. The company has invested over 15 million RMB in environmental restoration projects and achieved National Green Mine status for its Yuelianggou operation.
Blackwater Gold Project - Environmental Assessment Decision
The Government of Canada has approved New Gold Inc.'s $1.8 billion Blackwater Gold Project in British Columbia following a comprehensive environmental assessment. The open-pit gold and silver mine, located 110 km southwest of Vanderhoof, is expected to create 1,500 construction jobs and 495 operational jobs, with approval subject to 172 environmental conditions.
Kinross announces changes to senior leadership structure
Kinross Gold Corporation announced a senior leadership restructuring with the departure of COO Lauren Roberts and HR SVP Gina Jardine by mutual agreement. Paul Tomory has been promoted to Executive Vice-President and Chief Technical Officer while taking on expanded operational responsibilities. The company is streamlining operations to increase efficiency and cost management while creating a new leadership advisory team.
Nouveau Monde Graphite files Environmental and Social Impact Assessment for its Matawinie Project
Nouveau Monde Graphite filed its Environmental and Social Impact Assessment for the Matawinie graphite project with Quebec's environmental ministry, marking a key permitting milestone. The project aims to produce 100,000 tonnes per year of graphite concentrate over 25.5 years, incorporating innovative all-electric mining technology and sustainable practices. The ESIA filing advances the company's goal to develop a strategic mineral resource essential for Quebec's energy transition plan.
Global silver demand up 4% in 2018, fueled by soaring investment demand
The Silver Institute's World Silver Survey 2019 reveals global silver demand increased 4% in 2018 to 1.03 billion ounces, driven by a 20% surge in investment demand, particularly silver bars. Mine supply declined for the third consecutive year while scrap supply also fell, creating a physical deficit of 29.2 million ounces.
Azincourt Energy Vtem geophysical survey adds targets to East Preston Uranium Project
Azincourt Energy announced preliminary results from a VTEM geophysical survey at its East Preston Uranium Project in Saskatchewan's Athabasca Basin, identifying an additional 7.5 to 10 km of prospective conductive trends. The survey adds to an already robust target inventory for uranium exploration, with drilling having commenced in March 2019.
Agreement on Casino access road reached
Western Copper and Gold Corporation announced that the Yukon Government and Little Salmon/Carmacks First Nation have reached an agreement for the first section of the Casino Project access road, specifically the Carmacks Bypass. This represents a significant milestone for the Yukon Resource Gateway Project, which includes funding for upgrading 82 km of existing road and constructing an additional 126 km of new access road to the Casino copper-gold project site.
Powering the future
The Coal Association of Canada announced its first scholarship/internship program offering $5,000 and a paid summer internship to encourage university students to pursue careers in coal mining. The association is also presenting awards recognizing industry contributions and community impact at their October 2019 Vancouver conference.
Encouraging results in the new sector of the eastern Opinaca basin
Stelmine Canada reported encouraging gold exploration results from its Joubert property in Quebec's Opinaca basin, with channel samples returning 0.83 g/t Au over 1.5m and 1.10 g/t Au over 0.25m. The results support the company's position in the emerging eastern Opinaca sector where several other mining companies are now actively exploring. Stelmine plans more detailed exploration focusing on the contact zones between siltstones/tuffs and metabasaltic rocks.
Wesdome provides update on Eagle River Mine surface exploration drilling, confirms presence of gold
Wesdome announced positive surface exploration results from its Eagle River Mine, discovering two new mineralized zones called the Falcon Zones located 200m west of existing mining operations. The drilling returned high-grade gold intercepts including 3,389 g/t Au over 0.3m, indicating potential extensions of the current 300 and 7 zones being mined.
North American Construction Group Ltd. announces additional 5-year term contract in the oil sands
North American Construction Group announced a 5-year, $400 million oil sands construction contract through a new joint venture with the Mikisew Cree First Nation. The agreement strengthens NACG's backlog to over $1.6 billion and represents a significant shift from spot market to long-term contract work in the oil sands sector.
Teck announces Quebrada Blanca transaction
Teck Resources has completed the sale of a 30% indirect interest in its Quebrada Blanca Phase 2 copper project in Chile to Japanese partners Sumitomo Metal Mining and Sumitomo Corporation. The transaction brings approximately US$1.3 billion in funding to the project during 2019, significantly reducing Teck's capital requirements and advancing development of the major copper operation.
Prosper Gold drills 7.9m @ 2.55 g/t Au, 16.67 g/t Ag, 0.4% Zn – Currie Project – Matheson, Ontario
Prosper Gold Corp completed Phase 1 drilling at the Currie Project near Matheson, Ontario, drilling 8 holes totaling 2,483.2m. The best intersection was 7.9m @ 2.55 g/t Au, 16.67 g/t Ag, 0.4% Zn in hole C002, expanding known mineralization in the pyrite-rich Upper Tisdale Group.
Chile’s innovative Floating PV Project on AngloAmerican’s tailings pond
AngloAmerican has inaugurated Chile's first floating solar farm on a tailings pond at their Los Bronces mine north of Santiago. The 84 kWp pilot project, developed by Lenergie using Ciel & Terre's Hydrelio technology, will generate 153 MWh annually while reducing evaporation. This pioneering installation opens opportunities for similar projects across Chile's 740 tailings ponds.
Honey Badger Exploration starts drilling on the Thunder Bay Silver-Cobalt Project
Honey Badger Exploration has commenced a 2,000-metre drilling program on its Thunder Bay Silver-Cobalt Project in Ontario, following up on successful 2018 results that included 1,254 g/t silver over 1.2 metres. The program will target down-dip extensions of the historic Beaver Mine vein and near-surface cobalt mineralization, with all permits now in place for three years of exploration.
Top active coal mines in Canada
Canada produced 42.6 million tonnes of coal in 2024, with 67% being metallurgical coal primarily from British Columbia. Alberta retired its last coal-fired power plant in June 2024, ending thermal coal mining in the province. Teck Resources sold its coal business to Glencore for US$9 billion in July 2024, creating Elk Valley Resources as the dominant steelmaking coal producer.
Cobalt 27 partners with Vale for cobalt streaming
Cobalt 27 Capital Corp. has partnered with Vale to acquire a 32.6% cobalt streaming interest from the Voisey's Bay Mine in Newfoundland and Labrador for US$300 million. The deal includes cobalt from the proposed mine expansion scheduled to begin January 1, 2021, extending mine life by 15 years.
New geological analysis of the Brunswick Camp generates Greenfield Exploration Targets
Osisko Metals identified 10 new exploration targets along a 72-kilometre stretch of the Brunswick Horizon using advanced 3D geological modeling. The targets are located between surface and 200 metres depth and will be drill-tested in 2019. This represents the first systematic re-interpretation of the geological model in the Bathurst Mining Camp's history.
Independent counsel concludes Pretivm-initiated investigation
Pretium Resources completed an independent investigation into unusual trading activity around its shares, finding no evidence of information leaks from the company but evidence of market manipulation by outside parties. The investigation identified abnormal sell-order patterns and put option activity before significant share price drops, with findings forwarded to US and Canadian securities regulators.
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