TORONTO – Nautilus Minerals has finally reached a major milestone in its quest to become the world’s first commercial deep sea mining company. On Friday, Sept. 25, the first steel was cut, marking the beginning on construction of...
QUEBEC – Toronto-based QMX Gold Corp. may have suspended production at the Lac Herbin gold mine near Val d’Or, but the company remains very active there. It is taking this time to focus exploration on new discoveries and potential...
The mining sector is facing a Darwinian moment, delegates at the first annual Technology and Innovation in Mining conference in Toronto heard in September.
TORONTO – Scotiabank's Commodity Price Index plunged by 10.5% month-over-month (m/m) in August 2015, ending at 91.3, which puts it 13.9% below the April 2009 bottom during the last recession and the lowest level since early 2005.
VANCOUVER – Kaminak Gold Corp. has welcomed a significant new investor, Electrum Strategic Opportunities Fund, that has invested in the company via private placement. Kaminak will use the proceeds for exploration and development of its...
ARGENTINA – An Argentine judge has lifted the stop work order at the Veladero gold mine high in the Andes Mountains. The order banned the addition of reagents to the heap leach circuit following a cyanide spill caused by a faulty valve on...
OAKVILLE, Ontario – Sheridan College and Hatch have signed a memorandum of understanding that will promote further collaboration between the two organizations, aimed at enhancing educational opportunities for Sheridan students, while also...
Rumours are flying about which Barrick Gold assets will next change hands. The mining world is watching as the company strives to cut its debt by US$3.0 billion in 2015. Thanks to the sale of several “non-core” assets, Barrick is...
QUEBEC – Stornoway Diamond Corp. of Montreal has released an update of the Renard diamond project mineral resource estimate. The project is located 350 km north of Chibougamau in the James Bay region.
MONTREAL – The Canadian Extractive Sector Transparency Measures Act came into effect on June 1, 2015. It requires Canadian resource companies operating offshore to follow certain rules in order to fight corruption. It differs from...
Federal, provincial and territorial cabinet ministers responsible for the portfolios of energy and mines met at the Prospectors and Developers Association of Canada (PDAC) […]