Canadian mining news
McEwen Mining releases 2Q18 production results
The company has released highlights from its four mines, including a new one under construction in Nevada, US.
Algold secures US$9.2 million funding for advancement of Tijirit project
Algold Resources enters into several funding agreements including one with Wafa Mining & Petroleum SA to help advance its Tijirit project in Mauritania to the next stage of development.
Kutcho Copper launches MineHub Technologies with syndicate of industry partners
MineHub Technologies will employ blockchain technology to develop a new series of applications for the mining industry.
Callinex starts drilling campaign at Nash Creek
Callinex has begun diamond drilling operations at the Nash Creek Zinc project in New Brunswick, Canada.
Michelin offers two new underground mining tyres
The MICHELIN® X Mine® D2 Pro and the XSM® D2+ Pro Line of tyres are specifically made for loaders and transport machines.
Barrick Gold and Shandong Gold strengthen ties
The two firms have agreed to work together on possible acquisitions and share expertise in mining technology.
Callinex provides exploration update for Nash Creek Zinc project
The upcoming exploration campaign is anticipated to include approximately 20 to 40 drill holes totalling 3500 to 7000 m along and up to 160 line km of ground induced polarization (IP) surveys.
Altius Minerals extends and increases credit facility to CAN$225 million
The refinancing is jointly led by the Bank of Nova Scotia and ING Capital LLC, with participation from the Toronto-Dominion Bank and Export Development Canada.
Recovery of Cariboo mining industry to help counteract effects of wildfires
According to a recent report by the Chartered Professional Accountants of British Columbia (CPABC), the revival of the mining industry in Cariboo (Canada) is to help offset the effects of wildfires in the region.
US$690 million cobalt stream sale enables Vale to develop underground mine at Voisey's Bay
Vale finalises agreements with Wheaton and Cobalt 27 to sell an aggregate total of 75% cobalt stream, which will allow the company to develop its Voisey Bay mine.