News
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GOLD: GoldON to acquire three properties in the Red Lake district
ONTARIO – GoldON Resources announced that it has entered into an option agreement to acquire three properties in the Red Lake mining district of northwestern Ontario. For GoldON to be able to acquire a 100% interest in the McDonough, Pipestone…
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DIAMONDS: New kimberlite found at Gahcho Kue says Mountain Province
NORTHWEST TERRITORIES – Toronto-based Mountain Province Diamonds has announced the discovery of a new kimberlite at the Gahcho Kue diamond mine 280 km northeast of Yellowknife. The mine is owned 49% by Mountain Province and operated by De Beers Canada,…
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DIAMONDS: Bridge loan gives Stornoway some breathing room
QUEBEC – Stornoway Diamond Corp. and its material subsidiaries have arranged bridge financing to keep the Renard mine operating while the company undertakes a strategic review with the aim of restructuring its finances. The Renard diamond project is the company’s…
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NICKEL: CanAlaska reports improved grades at Manibridge
MANITOBA – Vancouver-based CanAlaska Uranium has reported higher grades and widths of nickel mineralization upon re-assaying core from its Manibridge deposit was re-assayed. The deposit sits within the Thompson nickel belt. The highest grade was recorded from a 1.0-metre interval…
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RARE EARTHS: Nuinsco cuts 15-metre widths at Prairie Lake
ONTARIO – Nuinsco Resources of Toronto has identified high grade rare earth element (REE) domains in iron-rich carbonatite rock at its wholly owned Prairie Lake project near Terrace Bay. The company said two holes were drilled in the southwest part…
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SAFETY: Reverse Assist from Hexagon improves haulage safety
ARIZONA – Hexagon’s mining division has introduced HxGN MineOperate Reverse Assist, a high precision positioning application that guides truck operators with the optimum reversing path. Reverse Assist completes the division’s Operator Assist product suite. Inaccurate reversing maneuvers and costly collisions…
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Diamond mining industry ripe for consolidation, says Lucara’s Eira Thomas
Dean MacPherson: I want to jump right into it and get your opinion on the state of affairs in the diamond industry and the mining industry generally. What’s happening, what are you seeing, what are you feeling? Eira Thomas: The common theme…
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POTASH: Western Potash awards Milestone phase one contract
SASKATCHEWAN – Vancouver-based Western Resources Corp. says its subsidiary Western Potash Corp. has entered into a lump sum contract with Stuart Olson Prairie Construction regarding the first phase of construction for the company’s Milestone potash project 35 km southeast of…
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SAFETY: Monarch’s Beaufor mine wins F.J. O’Connell trophy
QUEBEC – Montreal-based Monarch Gold Corp., owner and operator of the Beaufor gold mine 20 km northeast of Val d’Or, says the mine is the 2018 winner of the F.J. O’Connell trophy awarded by the Quebec Mining Association. The F.J.…
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GOLD: High grades continue at Alamos’ Island Gold mine
ONTARIO – Alamos Gold of Toronto continues to cut high grades in a new area of focus between the Eastern and Main extensions at Island Gold. The gap between the two extensions is located within a 500 metre area between…
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CRUSHING & SCREENING: Metso grows aggregates business with the acquisition of McCloskey
FINLAND – Metso has signed an agreement to acquire McCloskey International, a Canadian mobile crushing and screening equipment manufacturer, to expand Metso’s offering in the aggregates industry globally and to strengthen the customer reach especially to general contractor customers. The…
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SolGold’s Nick Mather on receiving TNM’s Mining Person of the Year Award
LONDON, U.K. – The following is a transcript of SolGold (TSX: SOLG; LON: SOLG) CEO Nicholas Mather’s remarks at The Northern Miner’s Canadian Mining Symposium at Canada House in London, U.K., as he accepted in person his Northern Miner “Mining Person of the Year” Award for…
