A changing landscape: Diamonds in Canada Editorial
Outside of the two new mines opening up in Canada — Stornoway Diamond’s Renard and De Beers and Mountain Province Diamonds’ Gahcho Kué — there hasn’t been a lot to…
Canada
Sumitomo joins Iamgold at Côté gold project
VANCOUVER — Iamgold (TSX: IMG; NYSE: IAG) been searching for a partner to help shoulder capital development costs at its Côté gold property, 130 km southwest of Timmins, Ont., and it…
Gahcho Kué achieves commercial production
Seven months after turning out its first diamonds last August, De Beers and Mountain Province Diamonds’ (TSX: MPVD; NASDAQ: MPVD) Gahcho Kué mine in the Northwest Territories began commercial production…
The Northern Miner podcast – episode 62: Exploration Insights & extinction-level events ft. Brent Cook
We’re back with an action-packed episode that tackles — in equal parts — the state of junior mining markets and extinction level events. Lesley swings by for another edition of the…
Editorial: Environmental review report out of touch with Canadian mining realities
Last August, the Trudeau-led federal government in Canada kicked off a wide-ranging review of the federal environmental assessment process for resource projects by appointing a four-person panel to carry out…
Dominion Diamond explores options after takeover approach
It’s been an eventful year for Dominion Diamond (TSX: DDC; NYSE: DDC), with the company receiving an unsolicited takeover approach in February, shortly after CEO Brendan Bell announced his resignation…
Osisko Gold to buy Orion’s royalties for $1.1B
VANCOUVER — Osisko Gold Royalties (TSX: OR; NYSE: OR) CEO Sean Roosen says his firm had been “keeping the powder dry” in anticipation of a transaction that would make it a…
TSX Venture eases down, May 29-June 2
The S&P/TSX Venture Composite Index lost 7.61 points over the report period to an 800.98-point close, as spot gold prices gained US$12.41 to US$1,278.17 per oz., and Comex copper prices…
Canada’s benchmark index posts marginal advance, May 29-June 2
Canada’s real growth domestic product advanced at a 3.7% annualized rate in the first quarter, or more than triple the 1.2% rate posted in the United States. Business investment was…
Wave of consolidation hits Canada’s oilsands
VANCOUVER — It’s been a volatile few years for Canadian energy producers in Alberta’s oilsands. Last year provincial voters elected the New Democratic Party, which is rarely a ready friend to…
Ivanhoe veteran Hornor ventures into gold with Aurvista
VANCOUVER — Matthew Hornor, protégé of mining mogul Robert Friedland and veteran of Ivanhoe Mines (TSX: IVN; US-OTC: IVPAF), has taken the helm of Aurvista Gold (TSXV: AVA) as president…
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…