Stornoway opens Quebec’s first diamond mine
JAMES BAY REGION, QUE. — On a blustery grey day in mid-October, as Stornoway Diamond (TSX: SWY) welcomes 200 visitors to the official opening of its Renard diamond mine in…
Canada
The Northern Miner podcast – episode 37: The Hadean eon and Precipitate Gold CEO
We’re back in action with Lesley and Matt in a Geology Corner feature that digs deep into the Hadean geologic eon and veneer theory — we’re going all the way back to the…
Detour shares drop on lower 2017 guidance
Detour Gold (TSX: DGC) shares plunged after the company warned it expects to produce less gold than planned next year from its only gold mine, near Cochrane, Ontario. On Nov….
TSX falls, Oct. 31-Nov. 4
News that Canada’s gross domestic product expanded 0.2% in August after a 0.4% increase in July, and unease about the outcome of the U.S. presidential race, sent the S&P/TSX Composite…
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: 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….
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…
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…