News
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LITHIUM: Nemaska finalizes 5-year supply deal with Northvolt
QUEBEC CITY – Nemaska Lithium has finalized a five-year deal with Northvolt, the Swedish battery maker. The agreement calls for Nemaska to supply battery grade lithium hydroxide to Northvolt at a rate between 3,500 and 5,000 t/y on a take-or-pay…
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DIAMONDS: Lucara subsidiary firms up ties with Sarine
VANCOUVER – Through its wholly owned subsidiary Clara Diamond Solutions, Lucara Diamond Corp. has entered into a collaboration agreement with Sarine Technologies, the world’s leading developer of technologies for the diamond industry. Clara will be the exclusive, worldwide customer for…
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ASSESSMENT: Energy and mines ministers meet, disagree over Bill 69
IQALUIT, Nunavut – Last week the provincial and territorial mines and energy ministers met in this northern town. Such meetings are most often a gathering of like-minded people who engage in smiles and back slapping. This time there were a…
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MATERIAL HANDLING: Finning signs agreement to be exclusive MultiDocker dealer
EDMONTON – Finning Canada, a division of Finning International, has signed an agreement to become the exclusive dealer of MultiDocker in western Canada. MultiDocker is the leading manufacturer of hydraulic material handlers for the scrap recycling, bulk handling industries, and…
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AngloGold terminates JV with Equinox
AngloGold Ashanti (NYSE: AU) has terminated the earn-in joint venture at Equinox Gold’s (TSXV: EQX; US-OTC: EQXGF) Aurizona gold mine project in northeastern Brazil. Equinox now has a 100% interest in the project. AngloGold spent US$9 million on exploration activities at Aurizona…
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COBALT: Canada Cobalt’s Re-2OX process makes premium grade sulphate
ONTARIO – Canada Cobalt Works of Coquitlam, B.C., says its proprietary Re-2OX process has made the first ever, premium grade cobalt sulphate. At 22.6% the grade exceed the technical specifications of cathode producers in Asia, who may be Canada Cobalt’s…
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GOLD: Skeena drills 13.80 g/t over 18 metres at former Snip mine
BRITISH COLUMBIA – Vancouver-based Skeena Resources has received the final assays from phase two drilling at the former Snip gold mine in this province’s Golden Triangle. The company is preparing a maiden resource estimate for the project. Highlights of the…
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COPPER: Strike averted at Escondida
CHILE – BHP has averted a strike at the world’s largest copper mine, Escondida. A deal has been struck between the operator and the union representing most of the workforce. The terms of the offer will now go to union…
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MINING PEOPLE: Dyno Nobel, Canadian Zinc, Denison Mines, Mason Graphite
Dyno Nobel of Salt Lake City, Utah, has named Braden Lusk its new VP of Dynoconsult and applied technology. He earned both a BS and PhD in mining engineering from the Missouri University of Science and Technology, Rolla. Don MacDonald…
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TESTING: AGAT Labs offers full service from exploration to production
CALGARY – AGAT Laboratories has recently received accreditation for its Thunder Bay location through the Standards Council Canada (SCC). This accreditation allows the company to expand its service offerings across multiple locations, further bolstering the turnaround times and deliverables for…
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McEwen Mining borrows US$50M for Gold Bar construction
McEwen Mining (TSX: MUX; NYSE: MUX) has closed a US$50 million senior secured three-year term loan first announced in late May, with the funds earmarked for completion of construction at the company’s new Gold Bar gold mine in Nevada, and for…
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PRECIOUS METALS: San Dimas sale pushes Wheaton Q2 earnings to $318M
VANCOUVER – Wheaton Precious Metals reports that it had net earnings of $318 million (all U.S. dollars) in Q2 2018, including the $246 million gain on the sale of the San Dimas silver stream. The company reported record gold production…
