News
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TNM Podcast: Barrick’s new direction featuring CEO Mark Bristow
This episode features an in-depth interview with the man of the hour in the gold mining industry: Mark Bristow, president and CEO of Barrick Gold since Jan. 1, 2019, when its merger with Bristow-led gold miner Randgold Resources took effect. This…
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DIAMONDS: Golden Share allowed to drill in the Marten Falls First Nation territory
ONTARIO – The Ministry of Energy, Northern Development and Mines has issued 10 exploration permits to Golden Share Resources for drilling targets within the Ogoki project and the Kagiami project, located in the Wabassi and Albany River area of the James Bay…
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COPPER-GOLD: New owner Pembridge to reopen Minto mine
YUKON – The sale of the suspended Minto copper-gold mine 240 km northwest of Whitehorse has been a long time coming. The original owner, Vancouver-based Capstone Mining first said it was working on a sale as early as February 2018.…
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EDUCATION: OMA launches “This is Mining” to share rich history
ONTARIO – To celebrate its 100th Anniversary, the Ontario Mining Association has created #ThisIsMining, a campaign that takes a fresh look at the role of mining in our lives and in our province. The achievements, the people, the progress, the legacy.…
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VENTURE CAPITAL: BDC launches $250M innovation fund
MONTREAL – BDC Capital, the investment arm of Canada’s only bank devoted exclusively to entrepreneurs, has pledged $250 million to an industrial innovation venture fund. The funds will be invested in tech companies and entrepreneurs transforming core Canadian business –…
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RARE EARTHS: Geomega aims to be first Canadian recycler using ISR
MONTREAL – Geomega Resources is improving its proprietary ISR technology as it moves closer to being Canada’s first rare earth elements recycler and the only one outside China. The company operates a pilot plant and has made several optimizations recently.…
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DIAMONDS: Bauer trench cutter used for bulk sample
SASKATCHEWAN – Exploration continues at the Star kimberlite, part of the Star-Orion South project 60 km east of Prince Albert. The project is owned by Saskatoon’s Star Diamond Corp. and optioned to Rio Tinto Exploration Canada. As operator of the…
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Odds ‘n’ Sods: Dodging drug smugglers in Western Pakistan
Western Pakistan is a fascinating place. It’s remote, arid, tribal, and these days, a Taliban stronghold — not the friendliest of spots for westerners planning on coming home still attached to their heads. It was slightly safer when I was…
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GOLD-SILVER: Canada’s Monarca to acquire San José project
MEXICO – Monarca Minerals entered into an option agreement to acquire a 100% interest in the 5,580-hectare San José project located in Chihuahua. To go ahead with the deal, Monarca will pay a total of $150,000 to the mining concession…
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AWARDS: Laurentian University offers honorary doctorates to Goodman and MacGibbon
SUDBURY, Ont. – Ned Goodman and Terry MacGibbon will receive honorary doctorates from Laurentian University as part of the school’s 2019 spring convocation ceremonies June 4-7. The pair will be honoured for their remarkable careers, philanthropic contributions and ongoing efforts…
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GOLD: New mines to push Canadian output to 7.6 million oz. by 2023
LONDON, U.K. – Gold production in Canada is expected to grow at a compound annual rate of 2.7% from 2019 to 2023. This, according to GlobalData, Mining Intelligence, Centre means this country’s output will reach 7.6 million oz. four years…
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GOLD: Orefinders to resample historical drilling at Knight property
ONTARIO – Toronto-based Orefinders Resources is making plans to resample and compile 31,900 metres of historical drill core for its Knight gold project 70 km southwest of Kirkland Lake, in the Shining Tree district. The project includes several contiguous zones…
