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THEnergy study: Solar power without initial investment becomes reality for mining companies
THEnergy released a study showing how external investors can finance solar-diesel hybrid power plants for remote mining operations through rental and power purchase agreement models, eliminating upfront capital requirements for mining companies. The study identifies solutions to mitigate investor risks and notes growing market adoption of these financing structures.
Government grants extension to Taseko’s Prosperity Project
Taseko Mines received a five-year extension to its Environmental Assessment Certificate for the Prosperity gold-copper project near Williams Lake, BC. The company describes it as a world-class deposit that could provide significant benefits to the Cariboo-Chilcotin region and plans to continue working with governments and First Nations to advance the project.
AME BC opens Toronto Stock Exchange
The Association for Mineral Exploration British Columbia (AME BC) opened the Toronto Stock Exchange as part of a trade mission to promote BC's mineral exploration sector. The province is home to 58% of all mining companies listed on TSX and TSX Venture Exchange, representing 865 out of 1,492 companies.
Innovative tech could improve hunt for gold
Vital GEOSURVEY has licensed innovative technology that directly detects target minerals at the atomic level for mineral exploration, with initial testing showing promising results at Nexus Gold's Walker Ridge project in Nevada. The technology, proven in petroleum exploration since 2010, identified 38 gold targets aligning with conventional survey methods but with stronger signals. A drilling program planned for 2015 will test whether the technology can accurately predict gold mineralization.
Canada Apprentice Loan recognizes critical role of tradespeople
The Canadian government launched the Canada Apprentice Loan program providing up to $4,000 per technical training block as interest-free loans to Red Seal apprentices. The program addresses financial barriers that prevent skilled tradespeople from completing their technical education, which is critical for Canada's mining and energy sectors that rely heavily on certified trades workers.
First Drilling Group Acquires Kirkey Specialized Drilling & Consulting in Sudbury
First Drilling Group acquired Sudbury-based Kirkey Specialized Drilling & Consulting, expanding its geographic footprint into Canada and adding specialty underground drilling capabilities. The acquisition strengthens First Drilling's position in one of the world's largest underground drilling markets while maintaining Kirkey's existing management team.
Roxul reorganizes Canadian operations
Roxul Inc. is reorganizing its North American Industrial, Marine and Offshore business by merging its Industrial & Marine division into a global platform with ROCKWOOL Technical Insulation. The merged entity will be called ROXUL Technical Insulation and continue to be headquartered in Milton, Ontario.
Teck Trail Operations recognized with TSM Leadership Award
Teck Trail Operations in British Columbia received the prestigious TSM Leadership Award for achieving level A rankings across all applicable Towards Sustainable Mining protocols. This makes Teck the only Canadian mining company with three operations earning this distinction in two years, recognizing outstanding performance in environmental stewardship, community engagement, and energy efficiency.
KSM (Kerr-Sulphurets-Mitchell) Project-Environmental Assessment Decision and Project Recommendation
The Canadian government approved the environmental assessment for Seabridge Gold's massive KSM Project in British Columbia, determining it will not cause significant adverse environmental effects with proper mitigation. The project involves a combined open-pit and underground mine processing 130,000 tonnes per day over 52 years for gold, copper, silver and molybdenum extraction.
Terramac® signs SMS Equipment as first Canadian dealer
Terramac LLC has signed SMS Equipment Inc. as its first Canadian dealer for the RT9 crawler carrier, expanding into the Canadian market. The RT9 is a versatile rubber track carrier used in mining, oil and gas, and construction applications. SMS Equipment will provide sales, rentals, and service support across Canada.
Teck’s Don Lindsay named in BC’s CEO of the Year Awards
Donald Lindsay, president and CEO of Teck Resources, was named winner of BC's CEO of the Year Awards in the major public company category. The award was presented at a gala dinner in Vancouver hosted by Business in Vancouver, Deloitte, and MacKay CEO Forums.
Silverton: Discovery Ventures Inc.—Willa permit received
Discovery Ventures Inc. has received Mines Act Permit MX-5-786 from BC's Ministry of Energy and Mines to conduct underground sampling and mapping at the Willa Project near Silverton. The work will include percussion drilling to collect metallurgical samples and verify ground conditions in preparation for the proposed WillaMAX project that would combine the Willa copper-gold resource with processing facilities at the MAX Mine.
Australian mining company seeks environmental permit to start Crown Mountain Coal Mine in Elk Valley
Australian junior mining company Jameson Resources received formal environmental assessment approval from BC's Environmental Assessment Office for its Crown Mountain coal project in the Elk Valley. The project would produce 3.7 million tonnes of metallurgical coal annually for 16 years with capital costs estimated at $123-339 million.
Teck announces first shipment of concentrate from restarted Pend Oreille Operations
Teck Resources successfully restarted its Pend Oreille zinc and lead mine in Washington State, shipping its first concentrate to the Trail Operations in BC for processing. The mine has an expected annual production of 44,000 tonnes of zinc concentrate and supports 230 jobs, with the restart completed on time and under budget.
AME BC responds to Site C decision
The BC government approved the Site C dam hydroelectric project in northeastern BC, which will generate 1100 megawatts of clean power for over 100 years. AME BC praised the decision, noting that ten potential mines in northwestern BC alone would require 328 megawatts of electricity, making reliable low-cost power critical for the province's mining competitiveness.
Polaris Minerals wins BC Export Award
Polaris Minerals Corporation won the Natural Resources category at the 2014 BC Export Awards, recognizing the company's outstanding contributions to British Columbia's export industry. The awards ceremony was held at Vancouver's Hyatt Regency Hotel and honored eleven companies and individuals across various export sectors.
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Better Bathymetry - We Can’t Be Beached!
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