Canadian mining news
New Chief Financial Officer for Roxgold
Yesterday, Roxgold Inc. announced the appointment of a new Chief Financial Officer of the company.
De Beers to acquire Peregrine Diamonds for CAN$107 million
De Beers Canada is to purchase 100% of the outstanding securities of Peregrine Diamonds Ltd for CAN$107 million.
First Majestic achieves record silver production
Total production from its seven operating silver mines in 2Q18 was 5.1 million equivalent oz. of silver.
MAC comments on Canada’s Cabinet shuffle
The Mining Association of Canada has congratulated Cabinet Ministers on their newly appointed roles.
Nevsun recommends shareholders take no action over potential Lundin acquisition offer
In a statement, Nevsun’s CEO said that the announcement by Lundin “ignored the fundamental value of Nevsun and its assets.”
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.