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optimistic resource estimate

Silver Market Trends - 2019

$16.75 average silver price forecast for 2019

The Silver Institute forecasts a 7% increase in silver prices to $16.75 per ounce in 2019, driven by growing industrial demand (particularly from automotive and solar sectors) and increased investment demand. Silver mine production is expected to decline 2% while physical investment demand should rise 5%, creating a balanced market where all produced silver is absorbed by downstream sectors.

Silver Gold Feb 21
optimistic exploration update

Rover Metals Corp. announces 3D interpretative exploration model for the Cabin Lake Gold Project

100,000 tons at 0.30 ounces per ton gold

Rover Metals has developed a 3D interpretative exploration model for its Cabin Lake Gold Project in the Northwest Territories, integrating recent geophysical and geochemical data to identify untested fold areas with high-grade gold potential. The model highlights the Bugow Iron Formation as the primary host rock and references a historical mineral inventory of 100,000 tons at 0.30 ounces per ton gold from the 1980s.

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Rover Metals Corp. ROVR
Gold Feb 20
optimistic exploration update

8,000 km2 of new Kootenay-Boundary geological mapping released

8,000 km2 geological mapping released

Geoscience BC released comprehensive geological mapping covering 8,000 km2 of historic mining areas in southeastern British Columbia's Kootenay Boundary region. The 1:150,000 scale mapping provides updated understanding of rock relationships and ages in areas with significant past gold, silver, copper, lead and zinc mining. The public data release is expected to stimulate new mineral exploration interest in historic mining camps including Rossland, Franklin, Greenwood, and Beaverdell.

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Geoscience BC
Gold Silver Feb 19
optimistic corporate update

The Royal Canadian Mint celebrates 40 years of leadership and innovation

40th anniversary Gold Maple Leaf with 15,000 coin limited mintage

The Royal Canadian Mint celebrates 40 years of its Gold Maple Leaf bullion coin with a special anniversary edition limited to 15,000 coins worldwide. The coin maintains the signature 99.99% purity and features gold sourced exclusively from Canadian mines, highlighting four decades of innovation that established it as the world's favorite gold bullion coin with nearly 30 million ounces sold.

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Royal Canadian Mint
Gold Feb 15
forward thinking corporate update

New President and CEO, Mairead Lavery takes over at EDC

Mairead Lavery appointed President and CEO effective February 5, 2019

Export Development Canada appointed Mairead Lavery as President and CEO effective February 5, 2019, replacing Benoit Daignault after his 15-year tenure. EDC also unveiled a new Climate Change Policy that commits to no new financing for thermal coal projects and sets targets to reduce the carbon intensity of its lending portfolio starting in 2020.

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Export Development Canada
Coal Feb 14
optimistic production update

North American Palladium releases 2018 production results, operational and safety improvements

237,461 ounces palladium produced in 2018

North American Palladium reported strong 2018 production results with 237,461 ounces of payable palladium produced, meeting the upper half of guidance and representing an 18% increase over 2017. The company achieved significant safety improvements including a lost time free year and plans to expand underground operations to 12,000 tpd by 2021.

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North American Palladium Ltd. PDL
Palladium Feb 13
optimistic project development

First Cobalt begins permitting and environmental programs at Iron Creek

26.9 million tonnes grading 0.11% cobalt equivalent

First Cobalt has engaged Brown and Caldwell to begin permitting and environmental baseline studies at its Iron Creek cobalt-copper project in Idaho. The company is advancing both Iron Creek and its Ontario refinery as part of its 2019 strategy to develop North America's first primary cobalt production capabilities. An updated resource estimate is expected by end of Q1 2019, with a preliminary economic assessment planned for the second half of the year.

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First Cobalt Corp.
Cobalt Copper Feb 12
optimistic corporate update

New TSM progress report highlights sustainability performance of Canadian mining companies

Eight facilities received TSM Leadership Awards

The Mining Association of Canada released its 2018 TSM Progress Report highlighting environmental and social performance of 67 facilities from 23 member companies. Eight facilities received TSM Leadership Awards for exceptional performance, with Agnico Eagle earning a record six awards for its global operations.

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Mining Association of Canada
Gold Diamonds Feb 11
optimistic project development

Nunavut: TMAC receives approval of water licenses for the Madrid and Boston projects

Type A Water Licences approved for Madrid and Boston Projects

TMAC Resources received approval for two Type A Water Licences for its Madrid and Boston gold projects in Nunavut, completing the final environmental permitting step. The licences enable mine construction and operations for three new gold mines connected by a 55-kilometer all-weather road to the existing Doris operation.

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TMAC Resources Inc.
Gold Feb 8
optimistic project development

IDM Mining granted federal Environmental Assessment approval for the Red Mountain Gold Project

Federal Environmental Assessment approval granted

IDM Mining received federal Environmental Assessment approval for its Red Mountain Underground Gold Project in British Columbia, clearing a major regulatory hurdle for the proposed underground gold-silver mine. The approval comes with over 120 conditions and follows the BC provincial EA Certificate issued in October 2018, allowing the project to proceed to the permitting phase.

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IDM Mining Ltd.
Gold Silver Feb 7
optimistic corporate update

Teck named to 2019 Global 100 Most Sustainable Corporations list

Top-ranked company in Metals and Mining category for 2019 Global 100 Most Sustainable Corporations

Teck Resources has been named to Corporate Knights' 2019 Global 100 Most Sustainable Corporations list, ranking first in the Metals and Mining category. The Vancouver-based diversified miner has maintained a strong sustainability track record, being named to the Best 50 Corporate Citizens list for 12 consecutive years and the Dow Jones Sustainability World Index for nine years.

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Teck Resources Limited TECK.A
Copper Coal Feb 6
optimistic corporate update

Rockridge Resources establishes Technical Advisory Board with Mining Hall of Famer Ronald Netolitzky

Rockridge Resources announced the appointment of Canadian Mining Hall of Fame member Ron Netolitzky as the first member of its Technical Advisory Board. Netolitzky brings decades of experience including direct involvement in three major Canadian mineral discoveries that became producing mines, and has knowledge of the area around Rockridge's flagship Knife Lake Project in Saskatchewan.

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Rockridge Resources Ltd. ROCK
Copper Cobalt Feb 5
optimistic corporate update

CanAlaska appoints Chief Operating Officer

Cory Belyk appointed as Chief Operating Officer

CanAlaska Uranium appointed Cory Belyk as Chief Operating Officer, bringing 30 years of experience including previous roles with Cameco's international operations. Belyk was part of the team that made the first uranium discoveries at Fox Lake and CanAlaska's West McArthur project. The appointment comes as the company sees positive trends in the uranium industry.

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CanAlaska Uranium Ltd. CVV
Uranium Copper Feb 4
forward thinking corporate update

MineHub Technologies collaborates with IBM to introduce mining solution using blockchain technology

$1.8 trillion global mining market blockchain solution

MineHub Technologies and IBM announced a collaboration to introduce blockchain technology for the mining supply chain, with major companies including Goldcorp, Kutcho Copper, and Wheaton Precious Metals participating. The first use case will manage concentrate from Goldcorp's Penasquito Mine in Mexico, aiming to increase automation and reduce costs in the $1.8 trillion global mining market.

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MineHub Technologies
Gold Copper Feb 1
optimistic exploration update

CanAlaska to drill Manibridge high grade nickel zone

1000 metres of core drilling on 400m high-grade nickel target

CanAlaska Uranium has signed drilling contracts to test high-grade nickel targets at its Manibridge project in Manitoba's Thompson Nickel Belt. The company will conduct 1,000 metres of core drilling on a 400-metre long high-grade nickel zone within a broader 1,200-metre mineralized horizon. CanAlaska is working with Canada Metals on a potential long-term funding agreement for the 100%-owned project.

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CanAlaska Uranium Ltd. CVV.V
Nickel Uranium Jan 31
optimistic exploration update

NioBay Metals announces the receipt of its exploration permit for the James Bay Niobium Project

3,000 meter drilling program approved

NioBay Metals received its exploration permit from Ontario's MENDM for the James Bay Niobium Project after a temporary hold was lifted. The company plans a 3,000-meter, 8-hole drilling program to test continuity of high-grade zones and continue metallurgy testing.

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NioBay Metals Inc. NBY
Niobium Tantalum Jan 31
exciting corporate update

New Cat D6 debuts world’s first high drive electric drive dozer

World's first high drive Electric Drive dozer with 35% better fuel efficiency

Caterpillar has launched the new Cat D6 dozer series, featuring the world's first high drive Electric Drive technology. The D6 XE offers up to 35% better fuel efficiency compared to previous models, with payback expected in less than two years for customers choosing the electric drive option.

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Caterpillar
Jan 30
pessimistic production update

Imperial announces suspension of operations at Mount Polley Mine

Operations suspended due to declining copper prices

Imperial Metals Corporation announced the suspension of operations at its Mount Polley copper-gold mine in British Columbia due to declining copper prices. The company plans to mill low-grade stockpiles through the end of May 2019 before full suspension, with operations resuming when mining economics improve.

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Imperial Metals Corporation
Copper Gold Jan 29
forward thinking corporate update

AME’s Mineral Exploration Roundup kicks off with opening remarks from Premier John Horgan

6,570 participants from 39 countries at Roundup 2018

The Association for Mineral Exploration launched its 36th annual Mineral Exploration Roundup conference in Vancouver, featuring BC Premier John Horgan and focusing on the mining industry's role in a low-carbon economy. The conference brings together over 6,000 participants from around the world to discuss opportunities in BC's mining sector and examine critical minerals demand for clean energy transition.

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Association for Mineral Exploration
Gold Silver Jan 28
optimistic project development

Teck announces US$1.2 billion Quebrada Blanca transaction; QB2 construction to proceed

US$1.2 billion joint venture funding secured

Teck Resources secured US$1.2 billion from Japanese partners Sumitomo Metal Mining and Sumitomo Corporation for a 30% stake in the Quebrada Blanca Phase 2 copper project in Chile. The Teck board approved full construction of QB2, targeting first production in second half 2021. The transaction significantly reduces Teck's funding requirements and de-risks the US$4.739 billion project.

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Teck Resources Limited TECK.A
Copper Molybdenum Jan 28
neutral acquisition

Teck announces investment in Sun Metals

$3.5M investment for 13.8% stake

Teck Resources acquired a 13.8% stake in Sun Metals Corp for $3.5 million through a private purchase of 12.5 million shares at $0.28 each. The investment gives Teck exposure to Sun Metals' flagship Stardust exploration project in north central British Columbia.

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Teck Resources Limited TECK.A
Copper Zinc Jan 25
optimistic jv announcement

Mason Graphite congratulates NanoXplore on its construction financing

22.3% ownership in NanoXplore

Mason Graphite congratulated partner NanoXplore on securing construction financing for its Montreal production facility. Mason Graphite owns 22.3% of NanoXplore and has a supply agreement to provide graphite for NanoXplore's graphene production operations.

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Mason Graphite Inc. LLG
Graphite Jan 24
optimistic project development

Victoria Gold: Eagle Mine Construction is 70% Complete

70% construction complete

Victoria Gold announced that construction of its Eagle Gold Mine in Yukon is 70% complete and remains on track for first gold production in H2 2019. The project has achieved 950,000 construction hours with over 600,000 hours without a lost time incident, with key infrastructure including crushing facilities, heap leach pad, and gold recovery plant progressing well.

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Victoria Gold Corp VIT
Gold Jan 24
optimistic corporate update

NanoXplore receives prestigious Technology Innovation Award for 2018

2018 North American Graphene Technology Innovation Award

NanoXplore Inc. (TSXV: GRA) received the 2018 North American Graphene Technology Innovation Award from Frost & Sullivan, recognizing the company's innovations in graphene technologies and ability to scale production. The award highlights NanoXplore's development of proprietary technology that produces high-quality graphene at competitive prices for use in enhanced polymers and composite materials.

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NanoXplore Inc. GRA
Graphene Jan 23