Canadian mining news
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.
Callinex files report on Nash Creek project
Callinex Mines Inc. has filed a technical report for the updated resource estimate at its Nash Creek project.
Cruz Cobalt signs LOI to acquire two Cobalt-Nickel-Copper projects in Norway
Cruz Cobalt Corp. signs a letter of intent (LOI) with EMX Royalty Corp. and Fennoscandian Investment Group to acquire two Cobalt-Nickel-Copper projects in Norway.
East Asia Minerals Corp to secure credit facility loan
East Asia Minerals Corp enters into a CAN$17.5 million credit facility agreement and first tranche of private placement.
CWTI completes ammonia treatment technology at gold mine
Current Water Technologies Inc. has completed a successful ammonia treatment demonstration at a gold mining operation in Canada.
95 carat gem diamond recovered from Gahcho Kué
The diamond will be presented at Mountain Province's upcoming rough diamond tender, with viewings to be held from June 11 - 22 in Antwerp, Belgium.
New First Nations campaign calls for improved mining practices in British Columbia
The Stand for Water campaign is arguing that failure to implement reforms and improve regulations risks threatening the livelihoods of First Nation communities throughout the province.
Star-Orion South Diamond project update
Contracts have been finalised between Rio Tinto Exploration Canada and Consulmet for the manufacture and supply of a 30 tph bulk sample plant.