Canadian mining news
Altius and Vale Canada reach settlement over Voisey Bay royalties dispute
The parties have agreed to a new method for calculating the royalty in respect of concentrates processed prospectively at Vale’s Long Harbour processing plant in Newfoundland and Labrador, Canada.
Dalradian obtains final court order in support of arrangement
Dalradian Resources Inc. receives final court order from Ontario Superior Court of Justice, approving its proposed arrangement with Orion Mine Finance.
Monarques suspends production at Beaufor
The decision to suspend has been attributed to the low grades of the ore mined at Beaufor in recent quarters, combined with the persistent weakness in the price of gold and difficulties recruiting qualified manpower in the region.
Centerra Gold extends first Longstop Date under Strategic Agreement with Government of Kyrgyz Republic
Centerra Gold has agreed to further extend the First Longstop Date under the Strategic Agreement for Environmental Protection and Investment Promotion with the Government of the Kyrgyz Republic.
Rio Tinto opens new diamond pipe at Diavik mine
The new pipe will provide an important source of incremental supply over the next four years to sustain production levels at the Rio Tinto-operated mine.
Osisko Mining to buy out Beaufield Resources
Osisko Mining Inc. has entered an agreement to acquire all of the issued and outstanding common shares of Beaufield Resources Inc.
Calls to address Canada’s declining mineral industry competitiveness
A brief submitted by CMIF details seven policy areas where collaboration and action by federal, provincial and territorial governments can boost Canada’s ability to attract new mineral investment.
Nevsun Resources rejects Lundin Mining’s hostile offer
The Board of Directors at Nevsun Resources Ltd (Nevsun) rejects Lundin Mining Corporation’s (Lundin) hostile offer to acquire all of Nevsun’s outstanding shares.
Environmental assessment milestone reached for Gensource Potash Corporation
Gensource Potash Corporation achieves an important environmental assessment milestone at its Vanguard One Project in Canada, enabling a quicker and more efficient path of project development.