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Latest News

Zinc market to reach ‘pinch point’ in 2016/17 as mine closures outweigh new output

By: Henry Lazenby     Updated 16 minutes ago Profit margins for zinc miners would probably rise strongly over the next five years, boosted by expected price increases on the back of a widening supply deficit. According to advisory firm Wood Mackenzie (Woodmac) analyst Jonathan Leng, the next two years, 2016 and 2017, represented the “pinch... 

Africa ready to break the paradox of being primary mining location, yet the poorest

By: Henry Lazenby     Updated 2 hours 4 minutes ago Despite the commodity price collapse shaping the time we are in, Africa was ready to participate as a host continent to the global mineral extraction industry, South African Mineral Resources Minister Advocate Ngoako Ramatlhodi told the Canada-Southern Africa Chamber of Business 16th Annual... 

ColdBlock to launch 'digestion' technology despite facing hurdles

By: Reuters     Updated 2 hours 33 minutes ago Canadian start-up ColdBlock Technologies will launch its new 'digestion' technology on Wednesday that cuts the time to test mineral samples to minutes from hours, innovation experts say is long overdue in a mining industry often resistant to change. ColdBlock, which did development work with the... 

Canada strikes more than 10 African foreign investment promotion, protection accords

By: Henry Lazenby     Updated 2 hours 39 minutes ago Canada has concluded foreign investment promotion and protection agreements with more than ten countries in Africa, improving the confidence and protection Canadian companies need to invest abroad. Canada’s International Trade Minister Ed Fast, accompanied by ministerial colleagues from African... 

Canada strikes more than 10 African foreign investment promotion, protection accords
Photo by Foreign Affairs, Trade and Development Canada
The African mining delegation closes the TSX on Tuesday.

Imperial Mines starts trucking concentrate from Red Chris

By: Henry Lazenby British Columbia-focused base metals producer Imperial Metals had started trucking copper concentrate from the $500-million Red Chris mine, south of Dease Lake in the traditional territory of the Tahltan First Nation. The TSX-listed miner, which also operated the ill-fated Mount Polley mine, said... 

Ucore Rare Metals secures rights to novel rare earths separation technology

By: Henry Lazenby Alaska-focused rare earths project developer Ucore Rare Metals on Tuesday proudly showed off the first high-purity dysprosium concentrate ever produced in the US, with US-sourced feedstock. What’s more, the company announced that it had secured the rights to a new minerals separation technology... 

Ucore Rare Metals secures rights to novel rare earths separation technology

Brazil’s ambassador to Canada calls for greater trade between two natural resource giants

By: Simon Rees Brazil seeks to boost the level of bilateral trade with Canada, particularly in the sphere of mining, the country’s ambassador to Canada Pedro Fernando Brêtas Bastos told audience members at the Brazil-Canada Chamber of Commerce mining breakfast on Monday. The level of bilateral trade between... 

African Minerals' lender takes control of iron ore project holding companies

By: Reuters African Minerals said its lender has taken control of two holding companies that own a majority stake in the companies that operate its sole project, the Tonkolili iron-ore mine in Sierra Leone. The miner said on Tuesday it is seeking legal advice on the move by Shandong Steel Hong Kong Zengli. 

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