Ranking Canada’s top 40 miners: 2021 edition - Canadian Mining …
WEBAug 16, 2021 · Continuing with the Top 40, gold miners occupy the next two slots on our list. Barrick Gold is No. 2 with revenues of $17 billion, and Newmont is No. 3 with $15 billion. The record high prices for the yellow metal in 2020 did not hurt either of these companies, and with prices remaining strong in 2021, both will …
Four new mines coming to Canada - Canadian Mining Journal
WEBAug 1, 2021 · Odyssey gold mine, Quebec. FIRST PRODUCTION: Late 2023. COST: US$1.1 billion. MINE LIFE: 17 years. MINE TYPE: Underground – ramp and shaft access. The Odyssey project is a substantial underground extension of the Canadian Malartic mine, which produced more than 568,000 oz. gold in 2020. The Canadian Malartic Partnership, owned by 50/50 ...
Canadian Mining Journal - Canada's First Mining Publication
WEBTeck Resources (TSX: TECK.A and TECK.B; NYSE: TCK) is jumping into the action at Ontario’s…. October 1, 2024 | 3:49 pm. SPC Nickel (TSXV: SPC) released more drill results from the ongoing 2024 drill program at…. October 1, 2024 | 3:51 pm. Aramine introduced its latest battery-powered mining machine, the L440B loader, at MINExpo in September.
Vale unlocks the next phase of Voisey’s Bay
WEBAug 1, 2021 · Construction for this new phase, dubbed the Voisey’s Bay Mine Expansion (VBME), began in 2016. Exploration around the Ovoid deposit identified two major deposits, Reid Brook and Eastern Deeps, located at depths from 200 metres to 900 metres underground close to the current open pit Ovoid deposit. Underground mining for these two new deposits ...
Stornoway’s First Diamonds - Canadian Mining Journal
WEBBased on open pit and underground reserves of 22.3 million carats (from 33.4 million tonnes grading 0.67 carat per tonne), Renard should produce 1.8 million carats a year during the first decade. Life-of-mine operating costs should average $56.20 per tonne, or $84.37 per carat. Meanwhile, Stornoway will focus on reaching commercial production.
Canada's lithium is in Quebec - Canadian Mining Journal
WEBOct 1, 2023 · Also, earlier this summer, Nemaska Lithium, a Quebec-based mining company, signed an 11-year deal to supply a maximum of 13,000 tonnes of lithium hydroxide annually to Ford to be used in the automaker’s electric car batteries. Prior to that, Ford said it will create a battery pack manufacturing wing …
Offtake agreements and financing mine projects
WEBOfftake agreements and financing mine projects. Traditionally, offtake deals are concluded between fully operational mining companies looking to secure the sale of their mine output and buyers who are interested is satisfying their demand for a particular commodity, such as refiners, smelters or importers. However, over the past couple of years ...
Talisker begins work on Mustang mine adit at Bralorne gold project
WEBOct 16, 2023 · Talisker Resources (TSX:TSK; OTCQX:TSKFF) has begun work on the Mustang Mine entry portal at the Mustang mine at its 100%-owned Bralorne gold project. The project, now in the permitting phase, includes the former high-grade gold producing Bralorne mine near Lilloet, B.C. The adit will be 4 by 4 metres over a length of 54 metres, the size allowing for future use of 22-tonne haul trucks.
Indigenous engagement is transforming the future of mining
WEBMay 1, 2023 · PHOTO: JEF/ADOBE IMAGES. New partnerships bridge the gap between industry and community. Canada’s mining sector has an extensive history, with minerals playing a vital role in day-to-day life going back thousands of years.Since then, much has changed and the industry has experienced innumerable advancements, including in technology, safety, and sustainability.
Why complex mining projects fail, time and again
WEBSep 1, 2019 · Projects often fail or underperform because companies drastically underestimate their complexity, or because the complexity does not match the existing capabilities of staff or contractors. Due to this misfit, mining projects are often set up for failure or underperformance from the get-go. Companies often try to …