Ontario snapshot: Seven companies in discovery and development mode
From the nickel hotbed of the Sudbury Basin to the high-grade gold of Red Lake and newer critical metal discoveries in between, Ontario hosts some of the world’s most productive…
Canada
Paladin becomes sole owner of Michelin uranium project in Labrador
Shares in Australia’s Paladin Energy (ASX: PDN) rose Wednesday after the company announced it had increased its interest in the Michelin uranium project, in Labrador to 100% from 75% previously. As…
Supreme Court ruling to reshape Canadian environmental assessment rules
In a landmark decision that has reignited the age-old debate about the division of powers between federal and provincial authorities, Canada’s Supreme Court has declared certain provisions of the Impact…
Teck faces $11M fine for alleged breach of enviro permit in Chile
Teck Resources (TSX: TECK.A | TECK.B; NYSE: TECK), Canada’s largest diversified miner, is facing two charges from Chile’s environmental regulator SMA for alleged breaches of its permit at the Carmen…
Rio Tinto cuts Canadian iron ore guidance
Rio Tinto (NYSE: RIO; LSE: RIO; ASX: RIO) has once again cut iron production targets for its iron ore operations in Canada, citing extended plant downtime and conveyor belt failures. Output from…
CMS: State should ‘stay out of the way,’ Garofalo says
Investors must back junior explorers to reverse the global trend of falling gold production while governments should give the industry leeway, Gold Royalty (NYSE: GROY) CEO David Garofalo says. The…
CMS: Catherine McLeod-Seltzer blazes a trail from the board room to the drill bit
Among the few women in mining, especially during her early years, Catherine McLeod-Seltzer often found herself in rooms full of grey-haired men named John. Yet, she has shattered glass ceilings in the industry, leaving an indelible mark on the global mining landscape.
As the independent chair of Kinross Gold (TSX: K, NYSE: KGC), one of the world’s gold majors, her story recounts perseverance, vision, and a passion for geology and exploration, The Northern Miner’s Canadian Mining Symposium heard Friday in London. Instead of seeing it as a hurdle, she turned it into an opportunity to be heard.
CMS: Bring new openness to innovation, diversity, future-of-mining panel says
The future of the industry depends less on creating everything anew and more on using what is already known in new ways, mining leaders said on Thursday in London. Innovation…
CMS: Frank Giustra sees gold juniors like ‘a kid in a candy store’
Western investors have been “asleep at the wheel” with seizing on investments in the exploration and junior gold sector, entrepreneur and philanthropist Frank Giustra told The Northern Miner’s Canadian Mining…
CMS: Ex-Teck CEO Lindsay touts coal sale to boost stock
Don Lindsay, who led Teck Resources (TSX: TECK.A/TECK.B; NYSE: TECK) for 17 years, backed the company’s case behind selling coal assets to recoup billions in valuation. Teck’s Quebrada Blanca 2…
Northern Graphite releases resource estimate for Mousseau project
Northern Graphite (TSXV: NGC; US-OTC: NGPHF) announced a new resource estimate for its Mousseau property about 150 km north of Montreal and around 80 km from the company’s producing Lac…
Canada Nickel’s Crawford feasibility pegs capex at US$3.5B, mine life at 41 years
Canada Nickel Company (TSXV: CNC; US- OTC: CNIKF) has released the results of a feasibility study for its Crawford nickel sulphide project, outlining an operation with capital costs of US$3.5…