Sandspring drills Sona Hill anomaly near Toroparu
A year ago, Sandspring Resources (TSXV: SSP; US-OTC: SSPXF) “couldn’t beg, buy or steal money,” CEO Richard Munson says, “and there was a period of time when I was lending…
2016
Uranium firms remain optimistic amid low demand
Uranium companies are staying upbeat, given what they see are strong long-term fundamentals for uranium as the number of nuclear reactors around the world increase, despite the current situation of…
Suppliers news: Hatch raises $1M for cancer foundation
Over the past five years engineering firm Hatch has raised $1 million in support of Toronto’s Princess Margaret Cancer Centre. Hatch employees have done so by raising funds and participating…
Suppliers news: Cementation earns gold for safety
North Bay, Ont.-based contractor Cementation received a gold award at the Canada Occupation Safety Awards Gala in Toronto in October. The award recognizes the mine and facilities contracting and engineering…
Suppliers news: Ritchie Bros. to buy IronPlanet, partner with Caterpiller
Vancouver-based Ritchie Bros. Auctioneers (TSX: RBA) plans to pay US$758.5 million for IronPlanet, an online, used heavy equipment marketplace. IronPlanet was founded in 1999 and specializes in serving corporate accounts,…
Laurentian lands $49M from Feds for research
Sudbury’s Laurentian University says it is launching an “unprecedented research effort” to boost the discovery rates of new mineral deposits, with the largest funding announcement in the institution’s 56-year history….
ICSG: Copper surplus coming in 2017
The following is an edited summary of a release by the International Copper Study Group (ICSG) after its meeting in Lisbon, Portugal in late October, where government delegates and industry…
Radisson Mining advances O’Brien gold project in Quebec’s Abitibi
The O’Brien gold mine in the Abitibi region of northwestern Quebec was the richest mine by grade along the Larder Lake-Cadillac Fault between 1926 and 1957, when miners intermittently made…
Richmont offers preview of expanded Island Gold PEA
VANCOUVER — Richmont Mines (TSX: RIC; NYSE-MKT: RIC) is having an impressive year at its flagship Island Gold mine near Wawa, Ont., with highlights including record gold production figures, falling operating…
Commentary: Creating a benchmarking program for precious metals miners
The 2011–2016 metals bear market marked a historic inflection point for the mining industry. With a market capitalization erosion exceeding hundreds of billions of dollars, the focus shifted from maximizing…
Editorial: Canada’s mining industry still a powerhouse
To get a pulse on the health of Canada’s mining industry, it’s useful to browse through the newly released Mining Sector Performance Report 2006–2015, which is prepared by the Intergovernmental…
Darnley Bay buys NWT zinc deposits, updates BC resource
Darnley Bay Resources (TSXV: DBL) is acquiring 42 zinc-lead deposits over a 68 km strike length in the Northwest Territories, and the junior explorer’s management team is providing a clear…