Skeena Resources believed that this decision was done by error Skeena Resources has responded to the decision made by British Columbia’s Chief Gold Commissioner on the tailings in the Albino Lake storage facility at the past-producing Eskay Creek gold-silver project in BC’s Golden Triangle. Last August, an individual, Richard Mills, holding...

A World Bank report recently forecasted that we would need more than 3 billion tons of metals and minerals to limit the rise in global temperatures by 2 degrees by 2050. That’s more than 3 billion tons in raw materials for solar, wind, and battery storage. The World Bank is...

The pandemic and public health restrictions continue to stagger Ontario businesses and frustrate consumers. The Ontario Chamber of Commerce released its annual Ontario Economic Report this week on the consequences of labour shortages, global supply chain disruptions, and inflation are beginning to hit home with many Ontarians. The report said the impacts...

Saskatchewan-based fertilizer company Gensource (TSXV: GSP), which is aiming to develop one of the lowest cost potash mines at its Tugaske project located 150 km northwest of Regina, is set to begin construction this year. The potash mine will have “a far smaller environmental footprint than industry norms,” CEO Mike Ferguson told...

Submission portal for Mining Innovation Commercialization Accelerator Network opens Feb. 7 Starting Monday, Feb. 7, the Mining Innovation Commercialization Accelerator (MICA) Network will be accepting proposals from innovators for how to modernize the Canadian mining sector. MICA, a Sudbury-based, pan-Canadian research and innovation network, has $30 million at its disposal to kickstart ideas...

A VIRTUAL MINING & INVESTMENT EVENT – 100% LIVE Join us February 23-24, 2022 With the first Global Mining Symposium of 2022 starting in just over 2 weeks, we have added even more experience and deep industry knowledge to our speaker lineup. Register today, and join us on February 23-24 to...

Generating electricity from solar power is cheaper than doing so through coal-fired power plants, a new article published in the journal Energy and Environmental Materials states. According to Ravi Silva, Director of the Advanced Technology Institute at the University of Surrey and author of the paper, solar energy typically has a cost comparative with or lower...

AngloGold Ashanti boost shareholder stake by five per cent Pure Gold Mining has secured equity financing of $25 million to complete the ramp up of operations at its mine in Red Lake to its design capacity. The transaction also increases the stake of the largest shareholder in the Vancouver company,...

Romios Gold Resources (TSXV: RG; OTC: RMIOF) and Lakehead University in Thunder Bay have created a partnership to research the Lundmark-Akow Lake gold and base metals project. The project is 100% owned by Romios and located in northwest Ontario’s Patricia division, 18 km from Newmont’s Musselwhite gold mine. The two-year graduate-level program will be...

The concept of environmental and social governance (ESG) has evolved from an acronym which caught on as a dialect of ‘sustainability’, to actions that are critical to the sustainable success of a mining company. Jamie Strauss, director at Digbee Ltd, an ESG data and research platform for the mining industry,...

Mineral exploration in British Columbia hit “new heights” in 2021, with a near-record C$660 million ($519m) spent, according to the BC Geological Survey. More than half of that spending was in advanced exploration by mining companies flush with cash from high commodity prices. The record was 2012, when C$680 million was...

Magna Mining in talks with Mitsui to restart Shakespeare Mine The operators behind a proposed open-pit nickel and copper mine project, west of Sudbury, are in talks with a potential heavyweight international development partner. In proclaiming it possesses Canada’s “next producing nickel mine,” Magna Mining, has signed a non-binding memorandum of...

A recent report by  BloombergNEF states that global investment in the energy transition totalled $755 billion in 2021 – a new record – off the back of rising climate ambitions and policy action from countries around the world. According to BNEF, investments rose in almost every sector covered in the report, including...

New cell towers will boost coverage for users along corridor between the mine site and Cochrane A Cochrane-area mine is the first in Canada to be fully connected to 5G, according to an announcement this week.  Kirkland Lake Gold and Rogers Business announced the launch of the 5G wireless private network...

Deal to acquire White River mine closes in mid-February The Ontario Superior Court of Justice has approved the sale of White River miner Harte Gold to Silver Lake Resources of Australia. The Toronto mining company announced Jan. 28 that the court approved the bid at a hearing that day and has given the companies...

Pure Gold Mining announces C$25m equity financing and plans for AngloGold Ashanti to raise stake to 19.9% Pure Gold Mining has secured C$25mn equity financing which will fund the ramp up of Red Lake in Ontario and announced its largest shareholder AngloGold Ashanti plans to increase its ownership to 19.9%. AngloGold Ashanti currently holds 65,653,870...

Ontario is open for business and our team of mineral exploration and business experts are here to help you explore Ontario’s geological resources and learn more about our vast mineral development potential. Visit our virtual booth at Roundup 2022 to learn more. Here’s what we have planned: Ontario Exhibit Booth...

Canada did not stop a Chinese firm’s bid for a Toronto-listed lithium miner because it saw no risk to national security, Innovation Minister Francois-Philippe Champagne said on Thursday. The opposition Conservatives said the Liberal government should have blocked Zijin Mining Group Co Ltd from buying Neo Lithium Corp for C$918.7 million ($721.3 million) last...

New Age Metals signs memorandum of understanding with Nipissing First Nation The developer of a proposed palladium mine, east of Sudbury, has signed an exploration agreement with an area First Nation. New Age Metals announced it has reached a memorandum of understanding (MOU) with Nipissing First Nation related to the company’s advanced palladium...