Cameco shuts Cigar Lake mine on Orano mill disruption
Cameco (TSX: CCO; NYSE: CCJ) says it has temporarily suspended operations at its Cigar Lake mine in northern Saskatchewan, citing disruptions at the McClean Lake mill operated by France’s Orano….
Canada
BHP’s Jansen mine, a year away, faces crowded slot
BHP’s (NYSE, LSE, ASX: BHP) Jansen mine in Saskatchewan – at $15.3 billion (C$21.6 billion), the company’s biggest ever investment – will join a packed field when it enters production about…
British Columbia mining hampered by DRIPA ‘confusion’
West High Yield Resources (TSXV: WHY) corporate secretary Barry Baim is one of many mining executives active in British Columbia wondering when the legal fog surrounding Indigenous rights will dissipate. Despite…
Sponsored: Equity Metals rides silver surge in BC
Equity Metals VP Exploration Robert Macdonald in conversation with The Northern Miner video host Devan Murugan last month during The Mining Investment Event of the North in Quebec City. This sponsored video…
Consolidated Lithium gives Kwyjibo rare earths project a $1.4B value
Consolidated Lithium Metals (TSXV: CLM; US-OTC: JORFF) put a $1.4-billion (US$987 million) after-tax net present value on its Kwyjibo rare earths project in Quebec, which hosts a resource made up…
China question clouds Nunavut road-to-port plan
A Chinese state-backed miner owns the remote Izok Corridor in Nunavut, one of the richest zinc deposits in the world, and the Canadian government has provided some financing for the…
Opinion: Why generalist investors avoid gold stocks
Gold is trading near all-time highs. Producers are carrying the strongest balance sheets they’ve had in a generation. Margins are at record levels, free cash flow is strong and management teams, by…
Site visit: New Found pins Queensway plan on bigger mill
APPLETON, NFLD. – New Found Gold (TSXV: NFG; NYSE-A: NFGC) is counting on an expansion of its Pine Cove mill in Newfoundland and the development of the nearby Queensway project to cement its status as a…
Fortune gets $50M for Nico road
Fortune Minerals (TSX: FT; US-OTC: FTMDF) and the Tłı̨chǫ government might receive up to $50 million (US$35.25 million) from Ottawa to help connect the long-delayed Nico project in the Northwest…
Generation Mining nears $1B copper project funding
Generation Mining (TSX: GENM; US-OTC: GENMF) has assembled almost all its financing for the $1-billion capex Marathon copper-palladium project in northern Ontario. The $969 million total includes $200 million…
Hemlo boosts M&I resources 34% at gold mine
A resource update for Hemlo Mining’s (TSX: HMMC; US-OTC: HMMCF) namesake mine in northwestern Ontario has lifted measured and indicated resources by 34%, underscoring the growth potential of one of…
Infographic: Canada’s Blue-Collar Wage Leaders
Canada’s mining sector has quietly become one of the most lucrative career paths in the country. Mining workers now earn an average of $42 an hour compared with $35 an…