Mining generated $18B for BC economy in 2022: MABC report
The British Columbia mining industry contributed $18 billion in economic activity to the province’s economy in 2022, a 40% improvement over the figure in 2021 and 46.3% higher than the…
Canada
VIDEO: TNM’s Vaccaro kicks off Canadian Mining Hall of Fame
Every year, the prestigious Canadian Mining Hall of Fame induction ceremony celebrates individuals who have made remarkable contributions to Canada’s mining sector. This year’s event took place on Jan. 11…
Former Barrick mine in Tanzania now hosts new airport terminal
Barrick Gold (TSX: ABX; NYSE: GOLD) has handed the government of Tanzania a new airport terminal built at the closed Buzwagi gold mine, in the country’s north, which paves the way for…
Wesdome acquires 10.6% stake in Ontario neighbour Angus Gold
Wesdome Gold Mines (TSX: WDO) is buying a 10.6% interest in Angus Gold (TSXV: GUS), whose flagship project is right next to its Eagle River mine, through participation in a…
Barrick denies meeting First Quantum in Panama
Barrick Gold (TSX: ABX; NYSE: GOLD) has refuted a report from a Canadian newspaper saying that one of the gold miner’s executives had met with First Quantum Minerals (TSX: FM)…
Collective Mining shares up on Trap porphyry discovery at Guayabales
Collective Mining (TSX: CNL) announced a second porphyry discovery on the Guayabales project at the Trap target since the June 2022 discovery of the Apollo porphyry deposit in Caldas, Colombia,…
Camino Rojo drill results suggest longer life for Orla mine
Results from near-pit exploration at Orla Mining’s (TSX: OLA) Camino Rojo gold mine in Mexico show strong potential for expanding resources and ultimately extending the current 10-year mine life, the…
Grid power arrives at Osisko-Gold Fields Windfall JV in Quebec
The Windfall gold project is now powered by hydroelectricity via a 95-km-long, 69-kV power line built, owned, and operated by Waswanipi Cree First Nation. The move away from diesel power…
Lotus Resources eyes 2025 Malawi uranium mine restart
Australia-based Lotus Resources (ASX: LOT; US-OTC: LTSRF) is on track to revive the mothballed Kayelekera uranium mine in Malawi by late 2025 while it works to tap into the longer…
Sumitomo invests $14.5M for 9.9% of FPX Nickel
Sumitomo Metal Mining Canada is investing about $14.5 million in FPX Nickel (TSXV: FPX; US-OTC: FPOCF), which holds the Baptiste greenfield development project in British Columbia. The private placement of…
Uranium developer Denison options Saskatchewan lithium brine project
Uranium-focused Denison Mines (TSX: DML; NYSE: DNN) and lithium explorer Grounded Lithium (TSXV: GRD; US-OTC: GRDAF) have signed a deal that bets on low-cost extraction methods in Saskatchewan. The agreement…
TNM Drill Down: Apollo rises at Collective Mining’s Guayabales project
Our TNM Drill Down features highlights of the top gold assays from Dec. 29- Jan. 12. Drill holes are ranked by gold grade x width, as identified by data provider…