Editorial: Diamond sector battles crisis fatigue
They say it’s darkest before the dawn. Let’s hope that holds true for the diamond sector. We try to strike a hopeful note here at Diamonds in Canada about an…
Canada
‘Rising tide’ to float all battery-metal boats
Rising electric vehicle (EV) adoption is driving a massive transformation in lithium-ion battery production. “Back in 2015, there were three lithium-ion battery megafactories [built or in development] — we’re now…
Glencore’s closure of Brunswick smelter won’t impact Caribou, Trevali says
Glencore’s (LON: GLEN) decision earlier this month to permanently close its Brunswick lead smelter in New Brunswick by the end of the year, won’t interfere with the lead concentrate Trevali…
TSX posts gain, Nov. 11-15: Franco-Nevada, Detour, Kirkland Lake, Caledonia Mining
The S&P/TSX Composite Index rose 0.89% to close at 17,028.47. The S&P/TSX Global Mining Index gained 0.51% to 76.43 and the S&P/TSX Global Base Metals Index fell 2.47% to 102.61….
TSX Venture falls, Nov. 11-15: Great Bear, Aurania, Callinex, Osino
The S&P/TSX Venture Composite Index fell 1.56% to 528.58. Spot gold finished at US$1,467.90 per oz., up 0.62%. Shares of Great Bear Resources jumped 70¢, or 11.9%, to $6.57. The…
Troilus Gold boosts resource in Quebec
Single-asset company Troilus Gold (TSX: TLG; US-OTC: CHXMF) has updated the resource estimate for its wholly owned Troilus gold project, 170 km north of Chibougamau, Quebec. Indicated resources for the…
Harte Gold cuts 2019 production guidance, ups cost estimate
A delay in the start-up of the paste fill plant and lowerthan-expected underground development rates plagued Harte Gold’s (TSX: HRT; US-OTC: HRTFF) Sugar Zone mine in the third quarter. The…
Osisko Metals updates resource for Pine Point zinc project
Osisko Metals (TSXV: OM; US-OTC: OMZNF) has tabled a resource update for its wholly owned Pine Point lead-zinc project on the south shore of Great Slave Lake in the Northwest…
Young Mining Professionals announces scholarship winners
Young Mining Professionals (YMP) has announced its 2019 scholarship recipients. A total of $44,000 in scholarships will go to Canadian students pursuing careers in the mining industry. The awards are…
Sphinx unfazed by sinking zinc
Zinc prices have fallen 32% from a high of US$1.63 per lb. in early 2018 to US$1.15 per lb. today. But Jeremie Ryan, CEO of Sphinx Resources (TSXV: SFX), is…
Trevali reports record quarterly zinc production
Trevali Mining (TSX: TO) released Q3 financial and operating results from its operations in Canada, South America and Africa. Q3 zinc production came in at 106.8 million pounds payable, a…
Cartier tables maiden resource at Chimo
Cartier Resources (TSXV: ECR) has released a maiden resource for the Central Gold Corridor on its Chimo mine property, 45 km east of Val-d’Or, Quebec. Indicated resources stand at 3.26 million…