Mining Articles

CSA Global, PDAC award pair of bursaries

Feb. 20, 2019, 3:53 PM / Canadian Mining Journal Staff

CSA Global and the Prospectors and Developers Association of Canada announced the winners of the Joan Bath and Peter Howe bursaries. The awards will be presented at the PDAC convention in Toronto during the student-industry networking lunch on March 4, 2019.Rebecca MontsionThe recipient of the Joan Bath award is Rebecca Montsion. She is studying the integration of specialist knowledge and computer...Read More

Suspended cobalt sales, higher costs fuel Katanga's Q4 loss

Feb. 20, 2019, 3:51 PM / Northern Miner Staff

Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018's fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased mine infrastructure and support costs.The company says its fourth quarter loss was partly offset by higher copper sales in the quarter.The company re...Read More

Suspended cobalt sales, higher costs fuel Katanga's Q4 loss

Feb. 20, 2019, 3:51 PM / Northern Miner Staff

Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018's fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased mine infrastructure and support costs.The company says its fourth quarter loss was partly offset by higher copper sales in the quarter.The company re...Read More

Osisko releases maiden estimate for Key Anacon, Gilmour

Feb. 20, 2019, 3:47 PM / Canadian Mining Journal Staff

Montreal-based Osisko Metals has released the maiden resource estimate for its Key Anacon and Gilmour South deposits, collectively the Eastern Bathurst Mining Camp (EBMC) project. The properties are located south of Bathurst.With a 5.5% zinc equivalent cut-off, indicated resources in the Key Anacon Main and Titan zones total 2.0 million tonnes grading 5.77% zinc, 2.38% lead, 0.22% copper, and 68.9...Read More

Osisko releases maiden estimate for Key Anacon, Gilmour

Feb. 20, 2019, 3:47 PM / Canadian Mining Journal Staff

Montreal-based Osisko Metals has released the maiden resource estimate for its Key Anacon and Gilmour South deposits, collectively the Eastern Bathurst Mining Camp (EBMC) project. The properties are located south of Bathurst.With a 5.5% zinc equivalent cut-off, indicated resources in the Key Anacon Main and Titan zones total 2.0 million tonnes grading 5.77% zinc, 2.38% lead, 0.22% copper, and 68.9...Read More

Canada Cobalt drills bonanza grades at Castle mine property

Feb. 20, 2019, 3:41 PM / Canadian Mining Journal Staff

The Castle mine was one of the highest grade silver-cobalt producers in the historic Cobalt camp in Northern Ontario. (Image: Canada Cobalt Works)Canada Cobalt Works (CVE: CCW) says it has intersected multiple high grade cobalt and silver intercepts during phase one drilling on the first level of the Castle mine. The mine is located near Gowganda, 75 km south of Kirkland Lake, Ontario.The company...Read More

Annual gold output to double at Lalor mine, says Hudbay

Feb. 20, 2019, 3:19 PM / Canadian Mining Journal Staff

Canadian miner Hudbay Minerals (TSE: HBM) has plans to double the annual gold output from the Lalor gold-copper-zinc mine 13 km west of Snow Lake, Manitoba. As part of the plan the New Britannia mill will be refurbished at a cost of $95 million raising Lalor gold output to 140,000 oz. per year.The Lalor mine will then be joining the ranks of primary gold producers as one of the lowest sustaining...Read More

Albemarle bullish on lithium outlook after 4th quarter profit

Feb. 20, 2019, 3:04 PM / Reuters

Albemarle Corp, the world's largest lithium producer, posted a higher-than-expected quarterly profit on Wednesday and gave a bullish 2019 outlook, saying it sees nothing that could slow demand for the white metal used to make electric car batteries.The forecast for sales growth of up to 14% this year comes as anxiety grows among some investors that the race to supply lithium for batteries and othe...Read More

Prospects brighten for Alaska's Pebble project after environmental impact statement released

Feb. 20, 2019, 2:52 PM / Amanda Stutt

The US Army Corps of Engineers has released the Draft Environmental Impact Statement (DEIS), as required under the National Environmental Policy Act, for Northern Dynasty's (TSX: NDM; NYSE : NAK) Alaska Pebble project, one of the richest copper-gold deposits ever discovered.The DEIS is an important milestone and positive development for Vancouver-based Northern Dynasty, its subsidiary Pebble Limit...Read More

NexTech AR (@NexTech_AR) (#CSE: $NTAR | #OTC: $NEXCF) Launches Try-It-On #AugmentedReality Experience for Online Re...

Wed Feb 20 14:38:25 2019 / NexTech AR Solutions

"NexTech AR (@NexTech_AR) (#CSE: $NTAR | #OTC: $NEXCF) Launches Try-It-On #AugmentedReality Experience for Online Retail [https://t.co/0bXOzr4dy7]#investing #stocks #stockmarket #trading #investors #news #business #investments #cannabisdaily #cannabiscommunity #tech #technology"Read full newsRead More

Canada Cobalt Works (@canadacobalt) (#TSXV: $CCW | #OTC: $CCWOF) Drills into Bonanza Grades at Castle [...

Wed Feb 20 14:29:03 2019 / Canada Cobalt Works

"Canada Cobalt Works (@canadacobalt) (#TSXV: $CCW | #OTC: $CCWOF) Drills into Bonanza Grades at Castle [https://t.co/pbPBS3uPAW]#investing #stocks #stockmarket #trading #investors #capitalmarkets #news #business #mining #resources #silver"Read full newsRead More

Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV...

Wed Feb 20 14:25:09 2019 / Canada Cobalt Works

"Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/oTNnp0c7gh"Read full newsRead More

Nexus Gold Increases Financing to $3 Million @NexusGoldCorp

Wed Feb 20 14:04:04 2019 / Nexus Gold Corp

Nexus Gold (TSXV:NXS, OTC:NXXGF, Frankfurt:N6E) is pleased to announce that due to strong investor interest, the board of directors of the Company has approved an increase in the size of the Company's previously announced private placement financing.Read full newsRead More

White Gold Corp. is pleased to announce additional drill results from its Golden Saddle deposit and the new Ryan's...

Wed Feb 20 13:42:52 2019 / Staff reporter

"White Gold Corp. is pleased to announce additional drill results from its Golden Saddle deposit and the new Ryan's Showing discovery on its White Gold property, Yukon, Canada. @WhiteGoldCorp https://t.co/H9SraF9Cuv"Read full newsRead More

BTU Finds Multiple Structures on D2 Fold at Dixie Halo @BTUMetalsCorp

Wed Feb 20 13:30:54 2019 / Staff reporter

BTU METALS CORP. (TSXV:BTU) (Read full newsRead More

Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV...

Wed Feb 20 13:00:26 2019 / Canada Cobalt Works

"Canada Cobalt Drills into Bonanza Grades at Castle -- #CCW $CCW @CanadaCobalt #Cobalt #Mining #Silver #TSXV #SmallCaps #batterymetals #electriccar #battery #Momentumstocks #batterymetals --Read the News Release here: https://t.co/oTNnp0c7gh"Read full newsRead More

Glencore will 'vigorously contest' $680m tax demand

Feb. 20, 2019, 12:17 PM / Reuters

Glencore on Wednesday said it would "vigorously contest" a $680 million tax demand from the British authorities linked to transfer pricing.The Swiss-based mining and trading company has offices in London and is London-listed. The British tax authorities issued formal transfer pricing, permanent establishment and diverted profits tax assessments for the 2008 - 2017 tax years, amounting to $680 mill...Read More

#Deutsche Bank Discussed Extending Trump Loan Terms Over Default Fears | Zero Hedge

Wed Feb 20 11:58:15 2019 / Staff reporter

The bank's campaign to get out ahead of whateverRead full newsRead More

South African miner Sibanye raises loss estimate by $100 million-plus

Feb. 20, 2019, 11:33 AM / Reuters

South Africa's Sibanye-Stillwater expects its full-year attributable loss to be more than $100 million greater than guidance in a trading statement last week, it said on Wednesday, after a review of tax changes in the United States.Sibanye now expects a headline loss per share of 1 cent, compared with 12 cents in 2017The gold and platinum miner's shares fell into negative territory on the news tha...Read More

Can blockchain help drive miners' bottom line?

Feb. 20, 2019, 11:08 AM / Amanda Stutt

Blockchain is a notable buzzword, and while the technology is being rapidly adopted by many industries, the mining sector has been criticized for staying stuck on old models."The world has been transformed by new technologies such as the internet and the blockchain, mining has continued to do business slower and more expensively than is necessary," said Grant Lenaarts, CEO of Mineral Assurance - a...Read More

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