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Cameco commences drill program on West McArthur Project under option from CanAlaska
Cameco has commenced a summer drill program on CanAlaska's West McArthur uranium project in Saskatchewan's Athabasca Basin as part of an option to earn 60% interest. The program targets two areas with confirmed conductors and will drill approximately 5,300 metres across multiple holes to test for uranium mineralization.
DigitalGlobe & Auracle team up to deepen search capabilities in global mineral exploration
DigitalGlobe has partnered with Auracle Geospatial to provide enhanced satellite imaging and remote sensing services for global mineral exploration. The partnership combines DigitalGlobe's advanced satellite spectral capabilities with Auracle's specialized 3-D Bare Rock Model technology to help mining companies identify mineral deposits beneath surface cover.
Minister’s statement about Mount Polley investigation
BC Environment Minister George Heyman issued a statement on the ongoing Mount Polley tailings breach investigation, noting the three-year anniversary marks the end of the statute of limitations for provincial charges. Federal charges under the Fisheries Act remain possible with more significant penalties.
Pretivm declares commercial production at Brucejack Mine
Pretium Resources has declared commercial production at its Brucejack Mine in northern British Columbia. The underground gold mine processed 70,805 tonnes of ore in June at 87.4% of nameplate capacity, meeting the threshold for commercial production status under the company's credit agreement.
CanAlaska obtains 100% of the Cree East Uranium Project
CanAlaska Uranium has acquired 100% ownership of the Cree East uranium project in Saskatchewan's Athabasca Basin by buying back the 50% interest previously held by Korean partners. The project covers 57,752 hectares and has received C$19 million in exploration investment since 2007, with uranium mineralization identified at multiple zones. The company is now seeking new partners to advance drill testing of delineated targets.
Independence Gold commences 2017 Yukon Exploration Program
Independence Gold commenced its 2017 Yukon exploration program focusing on the Sunrise-Sunset Zone at the Boulevard Project, adjacent to Goldcorp's Coffee Project. The program includes 1,500 meters of diamond drilling to follow up on previous high-grade gold results including 4.36 g/t gold over 6.1m and 1.58 g/t gold over 39.6m. Regional exploration will include 4,000 soil samples across multiple properties to identify new targets.
BC Mineral Exploration and Mining Industry welcomes new government
Three major BC mining associations welcomed the new NDP government led by Premier John Horgan and Energy Minister Michelle Mungall, highlighting the government's commitment to supporting the mining industry. The government confirmed support for key industry policies including flow-through share tax credits, PST removal on mining electricity, and efficient permitting processes.
Aurelius approves Lipton exploration program
Aurelius Minerals approved a Phase One 2017 exploration program at its Lipton Property in Ontario's Abitibi Greenstone Belt, including an IP geophysical survey and 2,000 meters of diamond drilling. The property is located 20 km south of Detour Gold's mine and has shown historical results of up to 13.72 gpt gold over 7.7m. The company also granted 2.9 million stock options at $0.12 per share.
Evolving Gold discovers anomalous gold in polymetallic till anomalies on its Quebec Toro project
Evolving Gold Corp. has discovered highly anomalous gold values up to 22,000 ppb (22 g/t) in till samples from its Toro 7 target in Quebec, along with significant copper and bismuth anomalies. The company has expanded the project by staking 70 additional claims and plans follow-up exploration this summer.
Teck purchases Goldcorp’s 21% of San Nicolás (Mexico) copper-zinc project to own 100%
Teck Resources has agreed to purchase Goldcorp's 21% minority stake in the San Nicolás copper-zinc project in Mexico for US$50 million, giving Teck 100% ownership. The transaction is expected to close in Q3 2017 and represents a strategic consolidation move for the Vancouver-based mining company.
Teck updates steelmaking coal guidance
Teck Resources provided Q2 2017 steelmaking coal guidance, expecting average realized prices of US$160-165 per tonne despite quarterly benchmark pricing of US$190 per tonne. The company forecasts sales volumes of 6.8-7 million tonnes for the quarter, with the price differential larger than usual due to limited spot market activity after Queensland cyclone-related demand was fulfilled.
Quest obtains international patent for its selective thermal sulphation process
Quest Rare Minerals has been granted an international patent for its Selective Thermal Sulphation (STS) process, an eco-friendly rare earth processing method for its Strange Lake Complex Deposit. The patented technology offers superior efficiency with lower costs and environmental impact compared to alternative processing methods. This intellectual property protection provides Quest with a competitive advantage as it works toward becoming North America's first producer of individual dysprosium, terbium, praseodymium and neodymium metal concentrates.
Taseko announces restart of Gibraltar mine - employees able to return to work
Taseko Mines restarted operations at its Gibraltar copper mine in British Columbia after a 4-day shutdown caused by regional wildfires that restricted site access. The company emphasized the importance of resuming operations quickly to support employee livelihoods and regional economic recovery, though wildfire risks persist in the area.
College hosts Mind Over Metal Camp
College of the Rockies hosted a free Mind Over Metal welding camp for 18 youth aged 12-14 from July 10-14, sponsored by the Canadian Welding Association. The program aims to build interest in skilled trades careers to address growing workforce demands in the sector.
Taseko receives approval for permit development work at New Prosperity
Taseko Mines received British Columbia approval for a multi-year site investigation program at its New Prosperity Gold-Copper project, marking a significant step toward mine permitting. The project is projected to employ 600 people and contribute $12.7 billion to provincial GDP over its life. The permit allows data gathering needed for the BC Mines Act permitting process, though federal authorization is still required.
Meet BC’s new Minister of Energy, Mines and Petroleum Resources – Hon. Michelle Mungall
Michelle Mungall has been appointed as British Columbia's new Minister of Energy, Mines and Petroleum Resources, replacing former minister Bill Bennett. The announcement came as part of the formation of BC's new NDP government on July 18, 2017.
Taseko updates operating status of Gibraltar
Taseko has temporarily idled its Gibraltar copper mine in British Columbia due to uncontrolled wildfires in the Cariboo region that prompted evacuation orders for Williams Lake and surrounding communities. The wildfires are preventing employees from traveling to the mine site, though no fires directly threaten the Gibraltar facility itself.
B.C. wildfires impacting mining/lumber operations are now approaching Trans Mountain pipeline
British Columbia wildfires are threatening multiple resource operations including copper mines and the Trans Mountain pipeline. Several mining companies report normal operations while taking precautionary measures, but lumber mills have been forced to shut down production.
Goldstrike Commences Drilling on Plateau Property, Yukon
Goldstrike Resources has commenced its largest drill campaign to date on the Plateau Property in Yukon, following completion of a 10,000 line kilometre airborne magnetic survey and district-scale geochemical program conducted with Newmont Mining Corporation. The drilling will target the Goldstack and Bonanza zones within a newly discovered 50-kilometre district-scale gold system called the Yellow Giant Trend.
Upon Closure of the Merger Transaction, Agrium and PotashCorp will become Nutrien
PotashCorp and Agrium announced their merged company will be named Nutrien upon transaction closure expected in Q3 2017. The combination will create the world's largest crop nutrient producer with the most extensive agricultural retail-distribution network globally.
Sparwood’s Joy Global Moving Into Former Finning Facility
Joy Global Canada is consolidating its Elk Valley operations by moving into the former Finning facility on Douglas Fir Road in Sparwood, British Columbia. The move comes after Komatsu acquired Joy Global for US$3.7 billion, making Joy Global a subsidiary while retaining its brand name.
Independence Gold president & CEO takes leave of absence: Michael McPhie assumes role
Independence Gold Corp. announced that CEO Randy Turner is taking a temporary leave of absence for personal reasons effective July 3, 2017, with board member Michael McPhie stepping in as Interim Chairman and CEO. Kendra Johnston will assume the role of Interim President during Turner's expected six-month absence.
K+S Potash Canada ready to serve North American market as new domestic rail cars are delivered
K+S Potash Canada is taking delivery of 200 new domestic rail cars built by National Steel Car in Ontario to transport potash from its Bethune mine in Saskatchewan to North American customers. The company recently began producing its first tonnes of potash at the newly opened world-class facility and is preparing to move product to market through established global distribution networks.
Mining Association of BC welcomes new vice-president of corporate affairs
The Mining Association of British Columbia announced Lindsay Kislock has joined as Vice President, Corporate Affairs, effective June 12, 2017. Kislock brings extensive public policy experience from BC's Ministry of Transportation and Infrastructure, where she served as Assistant Deputy Minister.