Ranking Canada’s top 40 miners: 2021 edition - Canadian Mining …
WEBAug 16, 2021 · HOW WE CHOOSE THE TOP 40. To be eligible for CMJ’s Top 40 Canadian miners list, companies must meet two of the following three criteria:. 1 Be domiciled in Canada.. 2 Trade on a Canadian stock exchange.. 3 Have a significant share of an operating mine or advanced development in Canada. Sometimes we have been tripped up and non-Canadian miners shave slipped onto the list.
Canadian Mining Journal - Canada's First Mining Publication
WEBTNM Podcast: ‘Change the narrative using storytelling’ — Ana Juarez on her new children’s book on mining. In this week’s episode, Ana Juarez introduces her latest children’s book, Ana’s Adventure at the Mine: Enigmas Buried…. September 18, 2024 | 3:04 pm. LaFleur Minerals (CSE:LFLR; OTC Pink:WPNNF) has released its mineral ...
Four new mines coming to Canada - Canadian Mining Journal
WEBOdyssey gold mine, Quebec. FIRST PRODUCTION: Late 2023. COST: US$1.1 billion. MINE LIFE: 17 years. MINE TYPE: Underground – ramp and shaft access. The Odyssey project is a substantial underground extension of the Canadian Malartic mine, which produced more than 568,000 oz. gold in 2020. The …
August: Vale unlocks the next phase of Voisey’s Bay
WEBDec 21, 2023 · August: Vale unlocks the next phase of Voisey’s Bay. $1.7B investment in underground development extends mine life to 2034. A key driver for the $1.7-billion expansion is the burgeoning demand for battery minerals. Vale signed a 2018 stream financing deal worth $690 million for the sale of byproduct cobalt …
Indigenous engagement is transforming the future of mining
WEBNational Resources Canada states that “Indigenous representation in the minerals sector has increased in the last decade, especially in the mining industry. Working with First Nations Territories can help support the future success of Canada’s mining industry.”. Additionally, in 2021, the direct contribution of Canada’s minerals and ...
Barrick advances key projects, sees 25% net income growth
WEBAug 12, 2024 · Barrick and its joint venture partner, Zijin, have donated $1 million for relief efforts and local support. Financially, Barrick reported a 25% increase in net earnings for the second quarter 2024. Operating cash flow reached $1.16 billion, up 53% from the previous quarter, and free cash flow was $340 million. Net earnings per share rose by 24% ...
Baffinland ups Mary River iron ore shipments to 6 million tonnes …
WEBNov 22, 2023 · Northern Affairs Minister Dan Vandal gave his approval to Baffinland Iron Mines’ plan to boost shipments from its Mary River mine to 6 million t/y from 4.2 million t/y.The Nunavut Impact Review Board earlier recommended acceptance of the proposal. The company is allowed to ship at least 6 million t/y from Milne Inlet if “unexpected circumstances” mean ore is stockpiled at the port from ...
O3 Mining upsizes bought deal to raise $18.15M due to strong …
WEBAug 21, 2024 · O3 Mining (TSXV:OIII; OTCQX:OIIIF) announced an increase in its bought deal public offering, now aiming to raise $18.15 million due to high investor interest, up from $15 million announced yesterday.The company will issue 16.5 million units at $1.10 per unit. Each unit includes one common share and half of a common share purchase warrant, allowing the purchase of an additional share at $1.45 ...
New owners, new life for St. Lawrence fluorspar mine
WEBFeb 8, 2024 · The St. Lawrence fluorspar mine was idled in 2022, a victim of a very sporadic economy on Newfoundland’s Burin Peninsula. The previous owner, Canada Fluorspar left behind a debt of $95 million and sought creditor protection. With that sorted out, the mine became the property of Singapore-based AMED Funds in June 2023 for a payment of $25 million. The new owner set up an operating company ...
Metallic Minerals calculates 18M silver equivalent oz. in Keno …
WEBFeb 26, 2024 · Metallic Minerals (TSXV: MMG; OTCQB: MMNGF) has released its first resource estimate for its 100%-owned, high-grade Keno silver project in the Yukon. The combined underground and in-pit total resource estimate from four separate deposits (Formo, Fox, Caribou, and Homestake) comprises an inferred resource of 2.5 million tonnes at 223 g/t silver equivalent containing 18.2 million oz. of silver ...