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Crowsnest Pass Residents Vote Overwhelmingly in Favor of Grassy Mountain Coal Mine
Residents of Crowsnest Pass voted 72% in favor of the Grassy Mountain metallurgical coal mine project in a non-binding referendum with 53.6% turnout. The Australia-based Northback project remains under regulatory review while facing legal challenges from environmental groups concerned about water quality impacts.
$500,000 federal funding to help promote northern mining at annual conference
The federal government announced $500,000 in funding to help the Yukon Mining Alliance promote northern Canadian mining opportunities at the annual PDAC conference over the next three years. The initiative aims to attract international investment to Canada's northern territories and create jobs for Indigenous and northern residents.
Geoscience BC targets ‘hidden’ Central Interior copper-gold deposits
Geoscience BC launched the Central Interior Copper-Gold Research series to explore for hidden copper-gold deposits beneath glacial sediments across 50,700 square kilometres of BC's Central Interior. The project uses advanced till sampling and geophysical modeling to identify prospective areas between established mines like Mount Milligan and Gibraltar.
PDAC 2020 awards honour industry leaders
The Prospectors and Developers Association of Canada announced its 2020 award recipients across six categories, recognizing outstanding achievement in the Canadian and international mineral exploration and mining industry. Recipients include leading prospectors, geologists, Indigenous community leaders, and mining companies, with awards to be presented at the annual PDAC Convention in Toronto in March.
MacLean brings ‘EV proven/EV ready’ message to mining industry
MacLean Engineering announced expansion of its electric vehicle fleet for underground mining, with over 30 EV units deployed across nine Canadian mine sites by end of 2019. The company introduced the RB3-Scaler as the latest addition to its EV Series, featuring battery electric propulsion and designed for safe mechanical scaling operations in underground mines.
Western Potash Corp executes Binding Offtake Agreement With ADM
Western Resources Corp.'s subsidiary Western Potash Corp has signed a binding offtake agreement with agricultural giant ADM for 100% of potash production from their Saskatchewan Milestone Phase I plant. The agreement covers 146,000 tonnes per annum and includes FOB mine site delivery to nearby Port Lajord Terminal. Construction continues on schedule with production expected to commence in late 2020.
Etruscus intersects massive and semi-massive sulphides in 400-meter step-out from Black Dog Zone
Etruscus Resources intersected multiple shallow mineralized zones in step-out drilling 400m from the Black Dog Zone at its Rock & Roll Project in BC's Eskay Camp. Key results include a 5.75m true width zone with 1.55m of massive sulphides starting at just 40.85m depth in the new Ziggy discovery zone, suggesting potential for a cluster of VMS systems in this prolific camp.
Osisko Gold Royalties to acquire Barkerville Gold Mines
Osisko Gold Royalties announced a definitive agreement to acquire all remaining shares of Barkerville Gold Mines for C$338 million, representing a 44% premium. The deal gives Osisko full control of the Cariboo Gold Project in British Columbia's historic Wells-Barkerville mining camp.
Two of Ontario’s largest industrial and engineering firms partner with Noront
Noront Resources announced strategic partnerships with Algoma Steel and Hatch Ltd. to advance Ring of Fire development in Ontario. The agreements include a 99-year lease option for a ferrochrome production facility in Sault Ste. Marie and engineering services for the Eagle's Nest and chromite projects. These partnerships represent a significant step toward developing one of Canada's most important emerging mineral districts.
Osisko announces sale of Brucejack Offtake to Pretium
Osisko Gold Royalties sold its Brucejack gold offtake contract to Pretium for US$41.3 million, eliminating a low-margin contract and freeing up working capital for new investments. The sale is expected to close on September 30, 2019, with payments split between closing and November 2019.
Pretivm repurchases 100% of Gold Offtake Agreement; exploration update
Pretium Resources completed the repurchase of its 100% gold offtake agreement for approximately $80 million, eliminating all components of its 2015 construction financing package. The company also reported encouraging deep exploration results at Brucejack showing potential for porphyry-style mineralization and high-grade silver-copper intersections at the A6 Zone on its Bowser Claims.
Teck named to 2019 Dow Jones Sustainability World Index
Teck Resources has been named to the Dow Jones Sustainability World Index for the 10th consecutive year, ranking as the top mining company globally based on economic, social and environmental performance. The company scored highest in the industry across multiple sustainability categories including supply chain management, biodiversity, and corporate citizenship.
Matrix and Athabasca Catering announce their partnership to bolster the resource sectors
Matrix, a national camp and logistics provider, has partnered with Athabasca Catering to offer comprehensive remote site services to mining and resource companies. The partnership creates a one-stop solution combining Matrix's camp operations and aviation services with Athabasca's catering and hospitality expertise for remote work sites.
Fireweed drills Wide Zones at Tom East and Tom North
Fireweed Zinc reported additional drill results from its Tom East and Tom North zones at the Macmillan Pass Project in Yukon. Tom East continues to deliver high-grade intersections including a previous result of 16.4m grading 21.14% zinc, while Tom North shows potential for open-pit mining with mineralization over 500 metres strike length. The results support potential expansion of current mineral resources and improvement of project economics.
Brazil adopts Canada’s Towards Sustainable Mining Initiative
Brazil's national mining association IBRAM has adopted Canada's Towards Sustainable Mining (TSM) initiative, becoming the seventh country to implement this environmental and social responsibility standard. The adoption comes as a response to Brazil's recent tailings dam failures and will be implemented across IBRAM's 130 member companies over the next five years.
BC Construction Industry set to launch Certification Program for Concrete Pump Operators
The BC Construction Safety Alliance has launched North America's first certification program for concrete pump operators, meeting international ISO 17024 standards. The program addresses a significant safety gap where previously anyone with a Class 3 driver's license could operate concrete pumps without formal certification. The initiative was developed through collaboration with multiple industry and labour organizations to improve construction site safety.
Teck announces Dominic Barton to step down from Teck Board
Teck Resources announced that Board Chair Dominic Barton is stepping down immediately to become Canada's Ambassador to China. Sheila Murray will serve as acting Board Chair while the company searches for a permanent replacement.
Monarch Gold and Probe Metals announce substantial increase in resource estimate at Monique Gold
Monarch Gold Corporation announced a substantial increase in the mineral resource estimate for its Monique gold property near Val-d'Or, Quebec, with current inferred resources of 107,500 tonnes at 4.88 g/t gold for 16,850 ounces. Probe Metals can earn a 60% interest by spending $2 million on exploration, and management believes the deposit has potential to become a new million-ounce gold deposit in the Abitibi mining camp.
Pulsating maple leaf coin another world-first
The Royal Canadian Mint unveiled breakthrough numismatic technology with the Pulsating Maple Leaf coin, featuring sub-millimeter mirrors that create an optical illusion of the maple leaf expanding and contracting. The mint also launched multiple commemorative silver and gold coins including the first non-circular coin shaped like a loon.
VanadiumCorp launches 8,500m infill and extension drilling program at its Lac Doré Vanadium Project
VanadiumCorp has launched an 8,500-meter drilling program at its Lac Doré Vanadium Project in northern Quebec, the first comprehensive drilling since 1979. The program targets a 2-kilometer-long zone of vanadiferous titanomagnetite mineralization and aims to establish a mineral resource estimate in compliance with NI 43-101 standards.
Alberta coal mine reclamation project to provide green energy source
Alberta Innovates is investing $1.5 million in the BIOSALIX demonstration project to reclaim the Paintearth coal mine near Forestburg by using municipal organic waste to grow willow biomass for renewable energy. The circular economy initiative has total funding of $10.5 million from federal, provincial and industry partners.
Orano Canada announces new CEO
Orano Canada announced Jim Corman as new CEO effective September 1, 2019, replacing Vincent Martin who will retire after 37 years with the company. Corman brings 34 years of uranium mining experience and was previously involved in developing the McClean Lake project, which operates the only uranium mill capable of processing ore grades 100 times the world average.
Etruscus mobilizes for drilling as “Bulls-Eye” targets are outlined at Rock & Roll Project
Etruscus Resources is mobilizing crews for Phase 1 drilling at its Rock & Roll Project in B.C.'s Eskay Camp, targeting shallow VMS deposits at 100-200 meter depths. Geophysical reinterpretation by Dr. Jules Lajoie has identified high-priority conductors over a 3 sq km area that may represent massive sulphides rather than previously assumed graphite. The company believes this changes 30 years of geological thinking about the project.
EY Canadian Mining Eye index sees continued positive trends in second quarter
EY's Canadian Mining Eye index showed continued growth in Q2 2019, driven by strong gold performance with prices up 9%. Base metals faced headwinds with copper and zinc declining, though supply constraints and electrification trends are expected to support future demand.