Discover by Category
Mining Insider.
1,000 stories
Celebrate BC Mining Week with Family Fun Day at Britannia Mine Museum
The Britannia Mine Museum is hosting a Family Fun Day on May 14th as part of BC Mining Week, featuring educational activities, exhibits, and entertainment to promote mining awareness. The museum also debuts its new summer exhibit 'Water: Beneath the Surface' exploring the role of water in mining and geology.
Intact Gold Corp. appoints new member to Board of Directors
Intact Gold Corp. appointed Greg Burns to its Board of Directors, replacing Bob Thompson. Burns brings 22 years of experience in mineral exploration and M&A, previously serving as Managing Director of companies acquired by major miners. The appointment comes as Intact Gold searches for advanced gold development projects in Canada.
$94M profit declared by Teck Resources, sees change in direction in steelmaking coal and zinc prices
Teck Resources reported Q1 2016 profit of $94 million, up from $68 million year-over-year, while achieving significant cost reductions across operations. The company noted encouraging price direction changes in steelmaking coal and zinc markets despite ongoing commodity cycle challenges.
Nevsun Resources and Reservoir Minerals combine—consolidate Timok Copper Project ownership
Nevsun Resources has agreed to acquire Reservoir Minerals for approximately US$365 million, creating a mid-tier base metals company with 100% ownership of the high-grade Timok Copper Project's upper zone in Serbia. The transaction consolidates ownership of the copper-gold development project and leverages Nevsun's strong cash flow from its operating Bisha mine.
Caterpillar introduces “The Age of Smart Iron” digital technology
Caterpillar CEO Doug Oberhelman unveiled 'The Age of Smart Iron' digital technology strategy at bauma 2016, showcasing Cat Connect Technology solutions including LINK, GRADE, COMPACT, and PAYLOAD systems. The company has 400,000 connected assets and aims to create a unified data platform across all equipment and devices to improve customer productivity, safety and profitability.
Polaris Rampage helps Canada assert its northern sovereignty
Polaris has deployed its new amphibious all-terrain vehicle prototype called the Rampage in support of the Canadian Armed Forces' annual Operation Nunalivut sovereignty exercise in Canada's North. The operation demonstrates Canada's ability to operate in harsh Arctic conditions while asserting sovereignty over northern regions rich in fossil fuels, gold, and diamonds.
Self-Unloaders 101: new CSL video explains how self-unloading ships work
The CSL Group released an educational video explaining how self-unloading ships work, showcasing their gravity-fed discharge systems. CSL is the world's largest owner and operator of self-unloading vessels, handling 76 million tonnes of cargo annually across global markets including construction, steel, energy and agri-food sectors.
Mining industry supports carbon price to address climate change
The Mining Association of Canada (MAC) announced its support for a national carbon price as the most effective tool for reducing emissions and addressing climate change. The association released principles for climate change policy design emphasizing revenue neutrality, competitiveness protection, and technology investment. MAC represents Canada's largest mining companies and notes the sector accounts for 1.1% of the country's greenhouse gas emissions.
Canadian Pacific terminates efforts to merge with Norfolk Southern
Canadian Pacific Railway terminated its efforts to merge with Norfolk Southern Corp., withdrawing a shareholder resolution and ending pursuit of financial offers. CP cited no clear path to a friendly merger and will refocus on serving customers and creating value for CP shareholders using its precision railroading approach.
Fortune Minerals announces permitting underway for NWT public highway to Whati
Fortune Minerals announced that the Government of the Northwest Territories has submitted permit applications for a 94-kilometre public highway to Whati, located 50 km south of Fortune's NICO gold-cobalt-bismuth-copper project. The highway will provide critical infrastructure for the NICO development, which has already received environmental assessment approval and is positioned to become a North American source of battery-grade cobalt chemicals amid growing electric vehicle demand.
Tree-top sampling program may help uncover new mineral deposits in B.C.
Geoscience BC completed an innovative helicopter-supported tree-top sampling program, collecting 421 samples from spruce trees across 1,000 square kilometres in central B.C.'s Chilcotin Plateau. The pilot program tested whether trace metals in trees could help identify new mineral deposits in areas that are difficult to access using traditional sampling methods.
Canadian companies poised to benefit from lithium surge?
Several Canadian lithium companies are positioned to benefit from Tesla's Model 3 unveiling, which generated 276,000 pre-orders and highlighted growing electric vehicle demand. Vancouver-based juniors like Lithium X, Pure Energy Minerals, and Nemaska Lithium are among those riding the lithium wave, with Lithium Americas announcing a $25M joint venture with Chile's SQM.
Imperial recalls over half of their laid off employees—44 of 85 called back
Imperial Metals has recalled 44 of the 85 employees laid off at its Huckleberry copper mine in January 2016 due to weak copper prices. The recalled workers will focus on tailings dam construction and potential open pit mining, while the mine continues processing stockpiles until August 2016. The operation faces potential care and maintenance status if copper prices don't improve by Q3 2016.
Geoscience BC releases first data reports on groundwater aquifers in the Peace Region
Geoscience BC released the first data reports from its Peace Project, a comprehensive groundwater mapping initiative in northeast BC's Peace Region. The project included a 43-day airborne electromagnetic survey covering 8,000 square kilometers and analysis of 1,300 petroleum boreholes to map shallow aquifers. This research will help inform sustainable groundwater management decisions for communities, First Nations, government, and the resource sector.
KPU students get new trades training equipment
The British Columbia government announced $265,250 in funding for Kwantlen Polytechnic University to purchase new trades training equipment including cutting mills and programmable logic controllers. This supports preparation for projected demand of 5,400 electricians and 3,400 millwrights over the next decade in the province.
One step closer to development: permitting progresses at IDM Mining’s Red Mountain Gold project
IDM Mining received a Section 11 Order from the BC Environmental Assessment Office for its Red Mountain Underground Gold Project, marking a significant permitting milestone. The company is nearing completion of its two-year environmental baseline program and plans to submit Environmental Assessment Applications later this year. IDM has also selected a preferred location at Bromley Humps for mill and tailings facilities that would allow year-round processing.
Cameco commences drilling at CanAlaska’s West McArthur Project
Cameco has commenced drilling at CanAlaska's West McArthur Project under an option agreement allowing Cameco to earn up to 60% interest through $12.5 million in expenditures. The drilling targets the Grid 5 area, believed to host the western extension of mineralization being explored at Cameco's nearby Fox Lake discovery, which contains 68.1 million pounds of inferred uranium resources.
Terrapure Environmental acquires leading industrial dredging business In Eastern Canada
Terrapure Environmental has acquired Consolidated Giroux Environment Inc., an industrial dredging company based in New Brunswick that has served mining, municipal, and pulp and paper sectors since 1972. The acquisition expands Terrapure's onsite environmental services capacity across Canada and strengthens its position in the mining sector through access to Giroux's specialized equipment and experienced workforce.
Is the mining “Bear” market on the run?
Market analysts suggest the five-year mining bear market may be ending, with gold up 17% since mid-December and copper rising 15% to $2.25/lb. Major mining stocks have seen dramatic recoveries, with some tripling in value since January lows, while the TSX Venture Exchange gained 23% from its January trough.
Horse Creek silica mine near Golden on the drawing board
Hi-Test Sand Inc. is proposing to develop a year-round silica mine near Golden, BC, expanding from their current seasonal quarry operations. The Horse Creek Silica mine could produce 50,000 tons annually primarily for solar panel production, potentially creating 150 direct jobs and 500 spin-off positions.
Federal Budget invests in mining essentials
The Mining Association of Canada welcomed the Liberal government's Budget 2016, highlighting key investments in regulatory agencies, Indigenous reconciliation, and clean technology innovation. The budget includes $1 billion over four years for clean technology in natural resources and renewal of the Mineral Exploration Tax Credit for junior explorers.
Kennady Diamonds discovers third kimberlite at Faraday
Kennady Diamonds has discovered a third kimberlite body at the Faraday cluster within their Kennady North project in the Northwest Territories, with the latest drill hole intersecting over 55 meters of kimberlite. The company is also progressing well with bulk sampling at Kelvin North Lobe, having recovered over 300 tonnes of kimberlite toward a 500-tonne target expected to yield more than 1,000 carats of diamonds.
Teck restructures senior management
Teck Resources announced a major senior management restructuring following multiple executive retirements, with four senior executives retiring by July 2016 after decades in the industry. The company is streamlining reporting relationships and promoting three internal executives to new senior roles to better align with current business conditions.
Goldcorp announces senior management changes
Goldcorp announced significant senior management changes as part of a strategic reorganization focused on decentralized operations and capital optimization. Russell Ball was promoted to CFO, replacing Lindsay Hall, while Charlie Ronkos departed as SVP Exploration. The restructuring aims to empower mine general managers as business owners while maintaining a leaner head office structure.