New DRC mining code upsets miners
A new mining code in the Democratic Republic of the Congo that would raise royalties on metal production and eliminate a stability clause enshrined in the previous 2002 charter that…
Glencore
China’s Zhaojin becomes cornerstone investor in Sabina
One of China’s largest gold companies has invested $66 million for a 9.9% stake in Canada’s Sabina Gold & Silver (TSX: SBB), a junior that is advancing its wholly owned…
Osisko Metals consolidates Bathurst camp
In the last year, newly minted Osisko Metals (TSXV: OM; US-OTC: BWMXF) has picked up over 500 sq. km in New Brunswick’s Bathurst mining camp, the third-largest volcanogenic massive sulphide…
Falco Resources completes feasibility study on Horne 5
A new feasibility study of the Horne 5 gold project in Rouyn-Noranda, Que., estimates it could cost C$1 billion to build, Falco Resources (TSXV: FPC; US-OTC: FPRGF) says. Preproduction construction costs for…
Quebec’s Orbit Garant drills most since 2012
After a lengthy downturn across the industry, Orbit Garant Drilling (TSX: OGD) drilled more metres in fiscal 2017 than during any other year since the peak of the last cycle…
McEwen to proceed with Los Azules permitting and prefeasibility study
Reforms introduced by the Argentine government to encourage mining investment by eliminating taxes on exported mineral concentrates prompted McEwen Mining (TSX: MUX; NYSE: MUX) to revise a 2013 preliminary economic…
Puma beats staking rush in NB
Puma Exploration (TSXV: PUM) has been active in northern New Brunswick’s Bathurst mining camp for more than a decade, but stepped up its involvement last year with agreements to acquire…
TNM Data Miner: Largest global cobalt reserves in 2016
Using the IntelligenceMine database of our sister company Infomine, The Northern Miner compiled a list of the world’s five largest cobalt deposits in 2016, based on reserves. 1. Mutanda, DRC…
Cobalt deficit on the horizon
Cobalt prices have nearly doubled in the first quarter of the year, with demand for its use in rechargeable batteries and the electric-vehicle market, in particular, expected to take off….
Kameron Collieries restarts Donkin coal mine
Underground coal mining in Cape Breton has resumed after a 15-year hiatus. The Donkin mine started producing coal at the end of February and the underground operation should churn out…
The geology underlying the quest for minerals on Canada’s East Coast
VANCOUVER — The geology of eastern Canada largely owes itself to a series of events that began 480 million years ago, when the Iapetus Ocean (analogous to today’s Atlantic Ocean) closed…
Falco to move Horne 5 from PEA straight to feasibility
Luc Lessard has worked on 11 open-pit and underground mine builds during his career as a mining engineer, including the Canadian Malartic gold mine, but he isn’t finished yet. The…