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SGS Canada Partners with Ecomin S.r.l bringing advanced metallurgical testing capabilities
SGS Canada partnered with Italian company Ecomin to install advanced TriFlo® separator technology at its Lakefield, Ontario facility, making SGS the sole provider of two-stage dense medium separation testing in Canada. This enhances metallurgical testing capabilities for mining and recycling feasibility studies with improved extraction accuracy on large volume samples.
Golden Ridge Resources announces plans for 2018 drilling at the Hank Project in BC’s Golden Triangle
Golden Ridge Resources announced plans for an 8,000m drill program at its Hank Property in BC's Golden Triangle, targeting five high-priority areas including a new Boiling Zone target with soil anomalies up to 10 g/t Au. The company identified these targets after completing a detailed review of its 2017 maiden drill program, which returned strong intercepts including 21.62m @ 7.04 g/t AuEq.
Statement from Minister of Jobs, Trade and Technology on exemption from American steel and aluminum
BC Minister Bruce Ralston welcomed President Trump's decision to exempt Canada from new US tariffs on Canadian steel and aluminum exports. The exemption protects over 1,000 jobs in BC's aluminum and steel industries, with Canada being the top supplier of these materials to the US market.
PDAC 2018 Convention exceeds 25,000 attendees
The PDAC 2018 Convention in Toronto exceeded 25,000 attendees, reaching 25,606 participants from over 125 countries, signaling a recovery and renewed confidence in the mineral exploration and mining industry. The event featured sold-out exhibitor space and hosted the International Mines Ministers Summit with 26 mining ministers.
MGX Minerals engages Hatch Ltd. for Magnesium Metal Study at Driftwood Creek, British Columbia
MGX Minerals has engaged engineering firm Hatch Ltd. to complete a scoping study for upgrading magnesium oxide to magnesium metal at its Driftwood Creek project in British Columbia. The study will evaluate a 10,000 tonne per year magnesium metal plant, which could significantly enhance project economics given magnesium metal trades at $2,250 per tonne versus $600 per tonne for magnesium oxide.
BC mining and exploration sees resurgence after years of stagnation
British Columbia's mineral and coal exploration industry grew for the first time since 2012, with expenditures reaching $246 million in 2017, a 20% increase from the previous year. Gold exploration led the growth, accounting for $37 million of the $41 million increase, driven by activity in the Golden Triangle and Cariboo gold belt regions.
Copper Lake commences drilling conductors at Marshall Lake Cu-Zn-Ag-Au Property
Copper Lake Resources has commenced a minimum 2,000-metre drilling program at its Marshall Lake Cu-Zn-Ag-Au property in Ontario, targeting three VTEM conductors related to shallow massive sulphide occurrences. The program aims to test depth extensions of previously identified mineralization at a property that has been consolidated after decades of fragmented ownership.
Puma Exploration and Trevali Mining Corporation enter into Strategic Alliance
Puma Exploration and Trevali Mining have entered a strategic alliance for the Murray Brook Deposit in New Brunswick, with Trevali providing up to $7.5 million in funding for a 75% ownership stake. The deposit contains 5.28 million tons grading 5.24% zinc, 1.80% lead, and 68.9 g/t silver, located just 10 kilometers from Trevali's producing Caribou Mine.
Metallis launches 2018 exploration program for Thunder North & Thunder South
Metallis Resources has launched a 404-line/kilometer VTEM survey over its Thunder North and Thunder South nickel targets on the Kirkham Property in BC's Golden Triangle. The 2018 program builds on 2017 work that identified differentiated gabbros favorable for magmatic sulfide mineralization adjacent to Garibaldi's E&L Nickel Mountain Project.
Serengeti stakes multiple targets in British Columbia following Geoscience BC Search III Data
Serengeti Resources staked 7,670 hectares across eight new mineral properties in north-central British Columbia based on high-resolution magnetic and radiometric data from the Geoscience BC Search III program. The properties target copper-gold porphyry and nickel-cobalt ultramafic systems, with notable geochemical anomalies including 1,177 ppm Ni and 87 ppm Co at the TrUM property.
Glacier Lake commences drilling at Silver Vista
Glacier Lake Resources has commenced a 1500-2500 metre diamond drilling program at its Silver Vista copper-silver project in northern British Columbia. The program focuses on the main MR showing where historic drilling returned significant intercepts including 36.58 metres at 0.49% Cu and 26.8 gpt Ag. The company is fully permitted for up to 10,000 metres of drilling across 40 sites.
Disappointed but optimistic: CLEER mining proposal not chosen in Innovation Superclusters Initiative
The CLEER mining innovation supercluster proposal was not selected for federal funding despite being one of nine finalists. The consortium of 162 members across Canada had projected creating 140,000 jobs and contributing $26 billion to GDP over five years through clean mining technologies.
VanadiumCorp Resources and Electrochem Technologies file International PCT patent application
VanadiumCorp Resources and Electrochem Technologies filed an international PCT patent application on February 21, 2018, to protect their joint vanadium recovery technology worldwide. The carbon-free process efficiently recovers vanadium compounds, iron sulfate, titania and silica by-products from vanadiferous feedstocks, addressing environmental and cost issues with conventional processing methods.
Pretium Resources Inc.: Brucejack Mine ramp-up advances
Pretium Resources reported continued progress on ramping up production at its high-grade Brucejack gold mine in northern BC, with underground development rates increased to 700 meters per month and steady state production expected by mid-to-late 2018. The company has also initiated an underground exploration program to test for porphyry sources and potential extensions of the Valley of the Kings deposit.
Radisson appoints Catherine Jalbert as Exploration Manager
Radisson Mining Resources appointed Catherine Jalbert as Exploration Manager, bringing 10 years of experience in 3D modelling and NI 43-101 reporting to advance the O'Brien gold project. The company granted her 100,000 stock options priced at $0.19 as part of the appointment.
AME Responds to Federal Budget: Welcomes Extension of METC
The Association for Mineral Exploration (AME) welcomed the federal government's Budget 2018, particularly the one-year extension of the 15% Mineral Exploration Tax Credit through March 2019. Combined with B.C.'s mining flow-through share credit, this creates approximately 32% tax incentives for British Columbia residents investing in mineral exploration.
Kinross announces acquisition of power plants in Brazil to secure low-cost power for Paracatu mine
Kinross Gold acquired two hydroelectric power plants in Brazil for $257 million to secure long-term power supply for its Paracatu gold mine. The acquisition is expected to reduce production costs by approximately $80 per ounce over the mine life and provide 70% of the mine's power needs.
Science inspiration to spark a rewarding career
Engineers and Geoscientists BC is promoting National Engineering and Geoscience Month throughout March 2018 with community events aimed at inspiring youth to pursue careers in engineering and geoscience. The month-long celebration includes science games, mining museum activities, and educational events across British Columbia to showcase career opportunities in these fields.
North American Energy Partners Inc. Fourth Quarter Highlights
North American Energy Partners Inc. reported strong Q4 2017 results with revenue up 31.8% to $82.0 million and EBITDA up 27.4% to $17.2 million. The company is currently operating at three oil sands mines, one coal mine, and one copper mine with expanded equipment capacity.
Copper Fox announces update on Eaglehead Project
Copper Fox announced completion of a data compilation on its Eaglehead copper-gold-molybdenum project in northern British Columbia, identifying six large mineralized zones within an 8.0 km by 1.5 km corridor. The compilation revealed two new exploration targets including a 9.0 km long soil geochemical anomaly and widespread copper mineralization in outcrop, expanding the project's exploration potential.
Equinox Gold announces new East Ridge discovery at Castle Mountain Mine
Equinox Gold announced a significant new gold discovery at the East Ridge target at its Castle Mountain Mine in California, with channel sampling and drilling revealing extensive previously unrecognized gold mineralization. The best drill results included 1.60 g/t Au over 32.3m, marking potential for significant resource growth outside the current resource pit.
Wellgreen Platinum changes name to Nickel Creek Platinum
Wellgreen Platinum Ltd. has rebranded to Nickel Creek Platinum Corp. and begun trading on the TSX under ticker NCP. The company renamed its flagship Yukon project to Nickel Shäw, which contains over 2.0 billion pounds of contained nickel in measured and indicated resources and represents one of North America's largest undeveloped nickel sulphide and PGM deposits.
Boreal completes the acquisition of the Modum Cobalt Project
Boreal Metals Corp. completed the acquisition of the Modum Cobalt Project in Norway from EMX Royalty, issuing 1.3 million shares and bringing EMX's ownership to 19.9%. The 13,115 hectare project surrounds Europe's historically largest cobalt producer, the Skuterud Mine, which operated from 1776-1898 and supplied over 80% of the world's cobalt in the 1820s-1830s.
Federal Budget 2018 falls short on enhancing business competitiveness
The Mining Association of Canada expressed disappointment with Federal Budget 2018, stating it contains few measures to enhance Canadian business competitiveness in mining. While welcoming Indigenous skills training funding and the Mineral Exploration Tax Credit renewal, MAC argues Canada needs stronger policies to attract mining investment as global competition intensifies.