How not to drill a project, Part 2 — drill crew tensions lead to disaster
Strolling around PDAC in March, I ended up in the core shack, perusing all of the world class, upper quartile tier 1 discoveries guaranteed to become a mine one day….
News
The latest on the Teck saga: Top shareholder backs Glencore takeover
Teck Resources’ (TSX: TECK.A, TECK.B; NYSE: TECK) top shareholder, China Investment Corp (CIC), said on Friday it plans to back Glencore‘s (LSE: GLEN) proposed takeover of Canada’s largest diversified miner….
Four killed in accident at Sibanye-Stillwater gold project in South Africa
Shares in Sibanye-Stillwater (NYSE: SBSW; JSE: SSW) were down 3.5% during pre-market in New York on Friday after reporting four deaths at its Burnstone gold project in South Africa following…
Cartier PEA pegs Chimo gold production at 116,000 oz annually over 9.7 years
A preliminary economic assessment (PEA) for Cartier Resources‘ (TSXV: ECR) Chimo gold mine project in Quebec demonstrates it could produce 116,900 oz. gold annually over 9.7 years, with a post-tax…
Hudbay makes friendly bid for Copper Mountain amid M&A flurry
Hudbay Minerals (TSX: HBM; NYSE: HBM) and Copper Mountain Mining (TSX: CMMC; ASX: C6C) have agreed to merge, creating a copper producing powerhouse with projects across the Americas, and Canada’s…
The first book on Ontario’s Ring of Fire sees a happy ending for contentious development
When geologist and writer Virginia Heffernan was looking for a topic for her first book, it didn’t take long for her to settle on Ontario’s Ring of Fire. Like many…
Book excerpt: How the sparks of conflict in Ontario’s Ring of Fire set alight
The following is an excerpt from Chapter 10, “From backrooms to bulldozers,” of Ring of Fire: High Stakes Mining in a Lowlands Wilderness. Read more about the book, written by…
Canada Nickel awaits assays for newest discovery near Crawford in Ontario
Canada Nickel Co. (TSXV: CNC; US-OTC: CNIKF) has made another discovery with a larger footprint and higher carbon capture potential than its flagship Crawford project located in Ontario’s Timmins mining…
Teck separation increasingly in question
Teck Resources‘ (TSX: TECK.A/TECK.B; NYSE: TECK) board has unanimously rejected the latest cash-sweetened bid Glencore (LSE: GLEN) lodged on Tuesday, resolving instead to hasten its exit from the coal business….
Green Technology Metals targets 2024 development, feasibility for Seymour lithium project in Ontario
ASX-listed Green Technology Metals (ASX: GT1) is working towards a feasibility study for its flagship Seymour lithium project in northwestern Ontario, and targeting production as soon as 2025. The Perth-based company said…
Asteroid mining startup AstroForge readies first mission
AstroForge, a startup with plans to mine asteroids, is getting ready to launch the first of its two missions on Friday, which main objective is to test the firm’s technique…
Sabina’s shareholders back takeover by B2Gold
Sabina Gold & Silver’s (TSX: SBB; US-OTC: SGSVF) shareholders have approved an almost $1.2-billion takeover offer by fellow Canadian miner B2Gold (TSX: BTO; NYSE: BTG), which is expected to boost…