In an effort to break the corruption blanket that many times chokes the mining industry, the Canadian sector is endorsing a plan that would boost transparency. The main measure states that it would become mandatory reporting to provincial securities commissions all project-related payments that companies make to the governments. The move is being praised and … Read more
If you are in the Northern hemisphere and you think it’s cold outside, take a look at these Canadian mines and try not to freeze! 1. Meadowbank Average temperature in the mine during the coldest month: -35.4 This silver and gold mine, managed by the majority owner Agnico Eagle Mines, is located 70 kilometers north of Baker Lake. … Read more
The controversy around Taseko Mines’ New Prosperity gold and copper project, to be installed in the British Columbia Interior, keeps growing. The First Nations guarantee the project won’t happen without a (legal) fight. The native groups claim the pressure on Ottawa to approve the mine, imposed by the provincial mines minister, is a disgrace and an open act against … Read more
The latest report made by the agency Deloitte, entitled “Tracking the trends 2014”, lists the top 10 mining trends for the next year, showing how the companies can adapt their work to the ever changing industry dynamics. According to the document, quoted in a press release, mining firms will continue to be confronted with the compounding challenges of … Read more
A Canadian entrepreneur developed an innovative technology that is already being used in some mineral exploration camps in the Yukon territory, in the north of the country. The device is called Geoprobe and is basically a small, track-mounted hydraulic drill that gathers soil and rock-chip samples from the soil-bedrock interface on an exploration property. It does … Read more
Did you know that Canada is the home of 75 percent of the planet’s mining companies? That’s right! At least, according to the Foreign Affairs, Trade and Development of Canada. After all, it’s Canada that is keeping the mining industry “glued” together, hosting almost 1,300 mining companies that are investing hundreds of billions of dollars … Read more