Canadian mining news

On Tuesday 24 July, the National Mining Association of Canada (MAC) announced the recipient of the annual Paul Stothart Memorial Scholarship in Mineral Economics.

IDM Mining releases its surface sampling results from trenching at the Money Rock zone with a key highlight being the company achieving its highest silver value to date at the at the Lost Valley target.

Copper Mountain Mining Corp. releases its up-to-date drill results from its 3-phase drilling programme at its New Ingerbelle property in British Columbia.

Roxgold Inc. releases its second quarter (2Q18) and first half (1H18) production results for 2018, with a key highlight being record quarterly processing throughput achieved for the second quarter.

As the Peruvian Ministry of Energy and Mines has deemed Miramont Resources Corp.’s (Miramont) permit to be not eligble for automatic approval, Miramont is to continue to await approval of its drilling permit for exploration drilling at its Cerro Hermoso project in Southern Peru.

Yesterday, Roxgold Inc. announced the appointment of a new Chief Financial Officer of the company.

De Beers Canada is to purchase 100% of the outstanding securities of Peregrine Diamonds Ltd for CAN$107 million.

Total production from its seven operating silver mines in 2Q18 was 5.1 million equivalent oz. of silver.

The Mining Association of Canada has congratulated Cabinet Ministers on their newly appointed roles.

In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”