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Trump metal tariffs send corporate Canada reeling in disbelief

By: Bloomberg     2nd June 2018 To get a sense of the disbelief gripping Canadian manufacturers since the U.S. imposed metal import tariffs, have a chat with Marc Dutil. “I just want to scream,” the CEO of structural-steel maker Canam Group said Friday by phone. “All this is doing is creating uncertainty. It’s the last thing... 

Semafo hits 97% completion at Boungou, expects first gold by June

By: Henry Lazenby     17th May 2018 Montreal-based miner Semafo reports that construction of its $231-million Boungou mine, in Burkina Faso, is 97% complete. Commissioning of the process plant is under way, with the first ore scheduled to be introduced to the mill circuit by month-end, the West Africa-focused miner said on Thursday. 

Rio and Alcoa team up with Apple in zero carbon aluminium smelting drive

By: Esmarie Swanepoel     11th May 2018 Mining major Rio Tinto has teamed up with aluminium producer Alcoa to develop the world’s first carbon-free aluminium smelting process. The new process will produce oxygen and replace all direct greenhouse-gas (GHG) emissions from the traditional aluminium smelting process. 

Semafo’s Boungou mine 91% complete

By: Henry Lazenby     19th April 2018 Montreal-based miner Semafo reported on Thursday that construction of the Burkina Faso-based Boungou mine, in Burkina Faso, is 91% complete, and 10% of the equipment has already been commissioned. Commissioning exercises started in February, focusing first on the crushing circuit equipment and... 

Champion to send off first shipment of up to 200 000 t high-grade iron-ore

By: Henry Lazenby     27th March 2018 Canadian miner Champion Iron Ore announced on Tuesday that preparations for the first shipment of high-grade iron-ore from subsidiary Quebec Iron Ore’s (QIO’s) Bloom Lake mine, in Quebec, are under way, following the arrival of the MV Magnus Oldendorff at the Port of Sept-Îles. The Montreal,... 

Lithium miner eyes even greater riches in piles of battery waste

By: Bloomberg     23rd March 2018 Recycling lithium material from used electric vehicle batteries promises to be even more profitable than mining the increasingly valuable metal, according to an Australian producer building a test facility in Canada. Perth-based Neometals is working to recover raw materials including lithium,... 

SA Hippo to be exhibited at the CIM 2018 in Vancouver

By: Creamer Media Reporter      22nd March 2018 HAZLETON PUMPS® will be exhibiting the patented HIPPO Solid Separation System® again at the CIM 2018 in Vancouver from 5 to 8 May 2018 and it will be the fifth CIM exhibition that HAZLETON PUMPS® will be participating in, using the opportunity to showcase the South African manufactured HIPPO... 

Canada's Trudeau tells metal workers: 'We have your backs'

By: Reuters     13th March 2018 Canadian Prime Minister Justin Trudeau promised aluminium and steelworkers on Monday he would defend them against possible US tariffs and called US President Donald Trump to stress that "mutually beneficial" cross-border supply chains should be preserved. Trump said last week he would impose... 

Monarques closes C$5m financing with Ressources Québec

By: Henry Lazenby     12th March 2018 Emerging gold producer Monarques Gold has announced the closing of a C$5-million financing with Ressources Québec. The Montreal-based miner said it has successfully completed a nonbrokered private placement of 12.82-million units at C$0.39 each. 

Osisko outlines 50 000 m drill campaign for Pine Point

By: Henry Lazenby     27th February 2018 Base metals explorer Osisko Metals has revealed plans for a 50 000 m drilling programme for its Pine Point zinc/lead property, located in the Northwest Territories. The Montreal, Quebec-based company advised that, since the acquisition of the property closed early this month, it has mobilised... 

Osisko Metals continues aggressive BMC acquisitions course

By: Henry Lazenby     10th January 2018 Base metals explorer Osisko Metals has inked a definitive accord with the Canadian Continental Exploration Corporation (CCEC) to acquire 27 mineral claims in the Bathurst Mining Camp (BMC), the company announced on Tuesday. The individual mineral claims comprise 4 to 48 claim units totalling 320... 

Osisko Metals adds to Bathurst Mining Camp asset holdings

By: Henry Lazenby     28th December 2017 Base metals focused project developer Osisko Metals has signed an agreement to buy the Key Anacon claims and surrounding area, in the Bathurst Mining Camp (BMC) of New Brunswick, from Hunter Brook Holdings. Based in Montreal, Quebec, Osisko has in recent quarters been actively consolidating base... 

Ventilation and cooling in mines often work against nature

By: Simone Liedtke     24th November 2017 Mining requires a robust constitution as mines often work against nature, descending deep underground, where temperatures can rise to between 60º and 70º at the rock face, explains heating, ventilation and air conditioning (HVAC) company Johnson Controls GM Neil Cameron. 

Semafo’s profit wanes on lower output

By: Henry Lazenby     10th November 2017 West Africa-focused gold miner and regional explorer Semafo has reported a 44% drop in headline profit during the third quarter ended September, as the new mine plan for its Siou operation, in Burkina Faso, delivered fewer gold ounces to sell, the company reported on Thursday. Adjusted net income... 

SA Hippo Sucessfully Exhibited At The Cim Memo 2017 In Saskatoon

27th October 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries consisting of 10 Technical Societies and over 35 Branches. The members of this... 

BHP told bending to activists poses risks for debt investors

By: Bloomberg     19th October 2017 BHP Billiton’s new chairman Ken MacKenzie is grappling with a simmering campaign by activist shareholders -- moving too far to appease them could risk unsettling debt investors who own the world’s biggest miner’s $24-billion of bonds. The campaign by funds including billionaire Paul Singer’s... 

Call to mining to update refrigerant systems

15th September 2017 While the majority of the mining industry use hydrofluorocarbons (HFCs) in its refrigerant systems, these ozone-depleting substances are set to be phased-out in accordance with the Montreal Protocol and Kigali Agreement. 

London joins global Young Mining Professionals network

By: Ilan Solomons     1st September 2017 The Young Mining Professionals (YMP) has launched its latest chapter in London, in the UK and aims to leverage the UK’s location as a “global hub for mining and finance” to provide opportunities for young people in the country’s mining sector and abroad. YPM UK founder Catriona Beadel says that... 

Gold extends rally to 2017 high as North Korea test adds to angst

By: Bloomberg     29th August 2017 Gold rose to the highest this year after North Korea fired a ballistic missile over Japan, boosting haven demand and extending a rally fuelled by declines in the dollar. An index of precious-metals mining stocks touched a four-month high. The greenback fell for a third day to its lowest since... 

SA Hippo To Be Exhibited At The CIM Memo 2017 In Saskatoon

16th August 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries. The CIM has over 14,600 members, convened from industry, academia and government... 

Call for mining industry to update its refrigerant systems

16th August 2017 While the bulk of the mining industry uses HFCs (hydrofluorocarbons) in their refrigerant systems, these are on the cards to be phased-out in accordance with the Montreal Protocol and Kigali Agreement to significantly phase-out ozone-depleting substances. While chlorofluorocarbons were used... 

Mauritania issues 30-yr mine licence for Algold’s Tijirit project

By: Henry Lazenby     16th August 2017 West Africa-focused junior project developer Algold Resources has received a formal decree by the Mauritania government granting a 30-year mining licence for the Tijirit project. Montreal, Quebec-based Algold in June announced that the Mauritania government intends to issue the mining licence,... 

Semafo rallies as Siou grade control trends back on track

By: Henry Lazenby     9th August 2017 Canadian gold producer Semafo on Wednesday rallied strongly in Toronto after it confirmed its revised production guidance for the year, on the back of grade stabilisation at the Siou satellite pit of the Mana mine, in Burkina Faso. The West Africa-focused miner reiterates its 2017 outlook of... 

Champion stock gains on resolving longstanding Sept-Îles Port dispute

By: Henry Lazenby     18th July 2017 The TSX-listed stock of project redeveloper Champion Iron on Tuesday gained more than 4% after the company announced that it has settled a dispute with the Sept-Îles Port Authority, from where iron-ore product from the Bloom Lake mine, in Quebec, will be shipped to market. The Montreal-based... 

Another bullion flash crash is testing the nerve of traders

By: Bloomberg     8th July 2017 After-hours surges and plunges that have whipsawed gold and silver prices over the past two weeks are unnerving traders. Silver futures sank as much as 10%, as more than 25-million ounces of the precious metal traded within a minute just after 7 AM in Singapore Friday. Last week, gold fell below... 

Semafo’s Q2 output slumps as it grapples with grade control at Mana

By: Henry Lazenby     6th July 2017 West Africa-focused gold producer Semafo reported lower gold output for the second quarter ended June, as grade control issues at the Siou satellite deposit of the company's flagship Mana mine, in Burkina Faso, impacted on output. Montreal, Quebec-based Semafo produced 47 600 oz of gold for the... 

BHP's new chairman to drive 'radical shift' at largest miner

By: Bloomberg     5th July 2017 BHP Billiton’s new chairman is about to shake things up at the world’s largest mining company, according to Sanford C. Bernstein, which says that Ken MacKenzie will probably undertake a full-scale review of assets and strategy, and may demerge the petroleum business. “Despite management’s... 

Serendipity smiles on Mkango’s Malawian assets as renewables growth demands more REEs

By: Henry Lazenby     13th June 2017 Demand for rare earth elements (REEs) for use in magnetic applications such as electric vehicles and wind turbines is driving renewed interest in securing supplies of these hard-to-come-by metals outside of the world’s dominant supplier China. This is exacerbated by the fact that while REEs are... 

SA Hippo Main Attraction For North American Coal Mines At The Cim 2017 In Montreal

5th June 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries.   The CIM has over 14,600 members, convened from industry, academia and government... 

Fasken Martineau Named “Global Mining Law Firm of the Year”

25th May 2017 Fasken Martineau announced that, for the third consecutive year and the ninth time overall, it has been named “Global Mining Law Firm of the Year 2017” by Who’s Who Legal. Additionally, Michael Bourassa has received the “Lawyer of the Year 2017” award for Mining. With over 150 years’ experience... 

Quebec diamond miner Stornoway produces one-millionth carat

By: Henry Lazenby     17th May 2017 Quebec’s only diamond producer Stornoway Diamond Corp has produced its one-millionth carat from the Renard mine, alluding to a strong start to production in the current quarter. Desjardins Capital Markets analyst Michael Parkin said the market is still focused on the company’s ability to resolve... 

SA Hippo Exhibited At The CIM 2017 In Montreal

3rd May 2017 The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) was founded in 1898 and it is the leading technical society of professionals in the Canadian Minerals, Metals, Materials and Energy Industries.   The CIM has over 14,600 members, convened from industry, academia and government... 

David Brown Santasalo Showcases Its Proven Drive Technology And Enhanced North American Capability At Cim 2017

2nd May 2017 At this year’s CIM 2017 Convention, David Brown Santasalo will display its innovative AMF gearbox designed for critical agitator, mixer and flotation applications in the mining industry. Booth #509 at the Palais des Congrès in Montreal will be home to David Brown Santasalo’s expert team, who are... 

Durban-based plant delivered to Guyana mine

28th April 2017 A $2.5-million project, facilitating, executing and unloading a shipment of assets for an 800 t/d modularised gold plant relocated from Durban, in South Africa, to Buck Hall, in Guyana, was concluded toward the end of last year by Canadian engineering, procurement and construction firm JDS Energy... 

Rio Tinto sees bumpy ride for aluminum as China poses puzzle

By: Bloomberg     5th April 2017 Rio Tinto Group’s aluminum boss sees prices for the lightweight metal heading for an “extremely” volatile period, with uncertainty over when China will curb production helping to keep investors on edge. “That’s really where the uncertainty is at the moment,” Alfredo Barrios said in an interview... 

Mining Weekly partners with Canadian mining event

By: Reinette Classen     4th April 2017 Creamer Media’s Mining Weekly is a media partner for the Canadian Institute of Mining, Metallurgy and Petroleum (CIM)’s annual convention and will this year, for the first time, publish a special CIM Convention e-Supplement.  

Osisko Gold Royalties reports 13% rise in Q4 headline earnings

By: Henry Lazenby     16th March 2017 Osisko Gold Royalties has reported a 13% increase in its fourth-quarter adjusted earnings, to C$6.9-million, or C$0.07 a share, beating Bay Street analysts’ average forecast of earnings of C$0.06 a share. Montreal-based Osisko, which owns a portfolio of cost-free royalties on mines such as... 

Breakthrough holmium data storage solution piques Matamec’s interest

By: Henry Lazenby     15th March 2017 Montreal-based rare earths project developer Matamec Explorations is excited about a breakthrough discovery by a team of nanoscience researchers, mainly from IBM’s Almaden Research Centre, in San Jose, California, of the ability to store one bit (1b) of data on a single holmium atom. The... 

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