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(315) stories found containing 'Canadian Zinc'


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  • Bottom feeders hunt projects in Alaska

    Curt Freemen, For Mining News|Updated Jan 26, 2018

    The unseasonably, interminably, unspeakably cold spring that is delaying mineral exploration and development work in Alaska this year is being mimicked by a financial chill that is affecting Alaska exploration efforts just like it is the rest of the world. Not to put too fine a point on it, but from a mineral exploration standpoint, Alaska is shaping up to be as dead as a doornail this summer (ever wonder where that saying came from ... but I digress.). How dead? Try this statistic on for size: Of the 49 exploration projects...

  • Profits of top miners plummeted in 2012

    Curt Freeman, For Mining News|Updated Jun 30, 2013

    Further proof that the mining industry is undergoing fundamental changes can be found in "Mine: A Confidence Crisis," the 10th edition of PricewaterhouseCoopers's annual report on the global mining industry. This recently released report indicates that in 2012 the top 40 global mining companies saw net profits plummet 49 percent to US$68 billion. To make matters worse, after a 25 percent decline in average mining stock value in 2011 and a slower but still downward trend in 201...

  • Major chases Hackett River VMS project

    Rose Ragsdale, For Mining News|Updated Jun 30, 2013

    Among the dozen or so companies that are advancing mineral-rich deposits in Nunavut this year, none has more going on inside and outside of the territory this summer than Glencore Xstrata plc. Xstrata plc, owner of the Hackett River silver-zinc project located in western Nunavut, merged with Glencore International plc in late May to become one of the world's largest mining and trading companies. The US$30 billion deal created a mega-entity that employs nearly 200,000 people in 50 countries around the globe to generate full...

  • Skittish markets hamper metals prices

    Rose Ragsdale, For Mining News|Updated May 26, 2013

    Scotiabank's Commodity Price Index, after losing significant ground in late 2012, started 2013 on a stronger note, climbing 3.8 percent in January before slipping 0.9 percent a month later, Scotiabank Vice President, Economics Patricia M. Mohr told a capacity crowd at 2013 Nunavut Mining Symposium in April. The annual gathering, held April 8-11 in Iqaluit, NU, the northern territory's capital, attracted 500 delegates, matching the record attendance reported for the symposium in 2012. Mohr, a commodity market specialist at... Full story

  • Territory offers vast mineral potential

    Rose Ragsdale, Mining News|Updated May 26, 2013

    There is a reason why Nunavut has one of the fastest-growing economies in Canada: mining. With one operating gold mine at Meadowbank, two projects on the verge of startup at Hope Bay and Mary River , five projects advancing through the environmental assessment process at Meliadine, Back River, Hackett River, and the Izok corridor, and exploration activities continuing across all three regions in 2013, there's little wonder that Nunavut's "time has come." That's the word from Matthew Spence, director general of the Northern...

  • World community weighs in on Peel plan

    Rose Ragsdale, For Mining News|Updated Apr 28, 2013

    The Government of Yukon received comments from around the globe during recent public consultation in the prolonged land-use debate over the Peel Watershed, a 77,000 square kilometer mountainous and wild expanse in the northern part of the territory that also extends across the border into central Northwest Territories. The Yukon portion of the watershed, 68,000 square kilometers (26,255 square miles), an area roughly the size of West Virginia and Delaware combined, is undergoing land-use planning in a process laid out in...

  • Selwyn sells stake in zinc-lead project

    Rose Ragsdale, For Mining News|Updated Mar 31, 2013

    The huge Selwyn lead-zinc project in eastern Yukon Territory is one of the latest on a growing list of resource developments attracting mega-investments from Chinese companies to Canada. Selwyn, perhaps the largest undeveloped zinc-lead deposit in the world, is located in the heart of the Yukon's mineral-rich Selwyn Basin. After an aggressive multi-year exploration program, junior miner Selwyn Resources Ltd. attracted a C$100 million investment in June 2010 from Yunnan Chihong Zinc & Germanium Co. Ltd., a fully integrated min... Full story

  • 'When will risk capital drought end?'

    Curt Freeman, For Mining News|Updated Feb 24, 2013

    The annual Cordilleran Roundup Mining Convention is held in Vancouver at the end of January each year, and this year's convention was unlike any of the nearly 20 such conventions I have attended. The norm for this convention is a sort of anticipatory excitement that permeates every facet of the event. Mineral exploration is the focus of this gathering, and explorationists are by and large optimistic people. While there was no lack of optimism at the 2013 convention, if you...

  • BC exploration spending shatters record

    Shane Lasley, Mining News|Updated Feb 24, 2013

    VANCOUVER, B.C. - British Columbia, Alaska and Yukon Territory - the headliners of the Association for Mining Exploration British Columbia's 2013 Mineral Exploration Roundup - tallied more than C$1 billion of mineral exploration spending in 2012. This marks the second year running that these neighboring jurisdictions at the northwestern extent of the North American Cordillera topped the C$1 billion mark. But unlike the 2012 Roundup, a year in which explosive exploration... Full story

  • Homestake attracts well-funded partner

    Rose Ragsdale, For Mining News|Updated Jan 27, 2013

    In today's difficult financing climate, Homestake Resources Corp. is living the dream of most junior mining companies. Agnico-Eagle Mines Ltd., an aggressive intermediate gold producer, has signed on to pay the bills at the Homestake Ridge project located in northwestern British Columbia in a deal where the gold producer could spending up to C$25.3 million and earn up to a 70 percent interest in the exploration and development venture. Formerly Bravo Gold Corp., the junior changes its name to Homestake Resources in April....

  • Territory sees spurt in mining activity

    Rose Ragsdale, For Mining News|Updated Dec 30, 2012

    A challenging economic climate in 2012 failed to impede growth in mining activity in Northwest Territories. As miners struggled to fund their work programs, numerous companies managed to plow ahead in the wake of regulatory improvements, advancing projects that could bring even more robust times to the territory's mineral resources sector. The Northwest Territories, one of Canada's three northern territories, is sandwiched between Yukon Territory to the west and Nunavut to the east. With a land mass of nearly 1,347,150...

  • Pace picks up for aboriginal engagement

    Rose Ragsdale, For Mining News|Updated Nov 18, 2012

    5 brought unprecedented engagement of First Nations in mining industry activities in Yukon Territory. While tight financial markets appeared to slow the pace of mining exploration, efforts of mining companies, local and territorial governments and others to advance and/or initiate various cooperative agreements with the 11 self-governing aboriginal groups with traditional territories in the Yukon seemed to intensify. Adding to a significant roster of existing agreements, mining companies forged new pacts with a number of...

  • Mining Explorers 2012: Mining powerhouse keeps pace

    Rose Ragsdale, For Mining News|Updated Nov 11, 2012

    British Columbia in 2012 continued to exhibit its strength as the mining and exploration powerhouse of the North American Cordillera. The Canadian province's wealth of mineral potential is the result of geological phenomena that also created the mountain chains "that we have in our province and to the north," according to Bruce Madu, director of the Mineral Development Office of the B.C. Ministry of Energy and Mines. Madu told participants in the 2012 Mineral Exploration Roundup in January that expansion is the theme at most...

  • Mining Explorers 2012: Mining remains key to NWT's future

    Min. David Ramsay, Special to Mining News|Updated Nov 11, 2012

    The Northwest Territories has been closely linked with the mining industry ever since B.A. Blakeney, a prospector on his way to the Klondike, staked the first gold mining claim here in 1898. And although the focus has shifted from gold to diamonds, the industry remains at the forefront of any discussion regarding the NWT's economic well-being: the territory produced over C$2 billion in total mineral shipments in 2011, a staggering total for a jurisdiction which has a population that barely exceeds 40,000 residents. Although...

  • Mining Explorers 2012: Slow, steady growth marks 2012

    Rose Ragsdale, For Mining News|Updated Nov 11, 2012

    Northwest Territories, a vast expanse of mountains, forests and tundra, has been slower to experience the surge in mineral exploration and development activities that has swept across Yukon Territory and Nunavut in recent years. But the mining industry is turning its attention to the 1.17 million square kilometers (431,162 square miles) Arctic land - roughly two-thirds the size of Alaska - that lies in between. Permits have been issued for new areas of exploration and claims are being staked in places where such activity has...

  • Mining Explorers 2012: Explorers flock to Far North

    Rose Ragsdale, For Mining News|Updated Nov 11, 2012

    Companies chasing mineral riches in Nunavut in 2012 are expected to meet and surpass the brisk pace of exploration set a year earlier. But the race to discover major deposits of precious and base metals, along with uranium, diamonds and other commodities, in one of Canada's most underexplored and prospective jurisdictions is only just beginning. At one-fifth the size of Canada, Nunavut covers 1,994,000 square kilometers (770,000 square miles or nearly three times the size of Texas). The Far North territory is Canada's younges...

  • Mining Explorers 2012: Exploration rush slows in 2012

    Rose Ragsdale, For Mining News|Updated Nov 11, 2012

    While the frenzy of activity that engulfed the Yukon Territory in 2011 did not re-emerge this season, scores of players, from upstart juniors to global mining firms mounted impressive mineral exploration campaigns throughout the territory. Gold was the primary metal sought in the Yukon in 2012, but some explorers chased silver, copper, zinc-lead, iron and other minerals. Based on the spending plans of mining companies in March, Natural Resources Canada projected C$285 million planned spending across the Yukon, a decrease of... Full story

  • Hunt for gold leads junior to emeralds

    Rose Ragsdale, For Mining News|Updated Oct 28, 2012

    In exploring for gold in the central Kivalliq region of Nunavut this field season, North Country Gold Corp. has found evidence of emerald in drill core at the Anuri prospect on its 300-kilometer- (186 miles) long Committee Bay Greenstone Belt Property. The junior's Nunavut land package at Committee Bay consists of 222,623 hectares (550,101 acres) and has identified five distinct mineral development centers, including the Anuri-Raven prospect and the Three Bluffs gold deposit where the company has focused exploration in...

  • Mines target mill capacity, better cons

    Rose Ragsdale, For Mining News|Updated Sep 30, 2012

    Capstone Mining Co., Alexco Resource Corp. and Yukon Zinc Corp. have crossed the Rubicon. Unlike other mining companies in Yukon Territory who continue to grapple with the complexities and uncertainties of exploration and development, the operators of the Minto, Bellekeno and Wolverine mines are working to master a new set of challenges - optimizing their mining and milling processes. Going gangbusters at Minto It will be five years in October since Sherwood Copper Corp. (Capstone Mining Corp.'s predecessor) commenced... Full story

  • Mining looks profitable in near term

    Rose Ragsdale, For Mining News|Updated May 27, 2012

    The Nunavut Mining Symposium, held April 16-19 in Iqaluit, NU, the northern territory's capital, drew more than 500 delegates, a record for the annual gathering. Patricia M. Mohr, vice president of Scotiabank, delivered the keynote address, outlining the financial institution's 2012-13 outlook for metal prices, currencies and global growth. Mohr, a commodity market specialist at the Toronto-based international bank, said price increases in the bank's widely respected Metal & Mineral Index at 11.1 percent per annum during the...

  • PDAC convention attracts record crowd

    Rose Ragsdale, For Mining News|Updated Mar 25, 2012

    More than 30,000 people attended the Prospectors and Developers Association of Canada Convention held in Toronto March 4 - 7, breaking last year's attendance record of 27,714 participants from 120 countries. The annual convention, currently in its 80th year, attracts investors, analysts, mining executives, geologists, prospectors and international government delegations from all over the world and represents a tremendous networking and educational opportunity for the industry. The gathering's Trade Show and Investors...

  • A mining leader, Canada can do even better

    Rose Ragsdale|Updated Mar 25, 2012

    Canada is blessed with great geology, competitive tax rates, a stable political system and a non-discriminatory regulatory regime, which helps to explain why the country ranks among the top destinations for the world's mineral industry, not only to meet but also to do business, Natural Resources Minister Joe Oliver told participants in the 2012 Prospectors and Developers Association of Canada Convention March 5 Canada has more than 200 active mines, producing more than 60 minerals and metals, and the country ranks as the No....

  • Roundup headliners tout exciting growth

    Shane Lasley, Mining News|Updated Feb 26, 2012

    British Columbia, Yukon Territory and Alaska - the headliners of the Association for Mining Exploration British Columbia's annual Mineral Exploration Roundup - tallied more than C$1 billion of mineral exploration spending and some C$12.7 billion in mine production in 2011. "We are going to talk in the next three sessions about the wrinkly parts of western North America - B.C., Yukon and Alaska. The geological phenomena that has created these mountain chains that we have in...

  • Mine output nears C$500 million in value

    Rose Ragsdale, For Mining News|Updated Jan 22, 2012

    The value of mineral production in Yukon Territory is expected to soar in 2013 to more than C$1 billion when the third of three producing mines hits its stride with commercial output of about 1,700 metric tons per day. The territory, meanwhile, is enjoying the economic benefits of having three high-paying and big spending mines in operation. In 2011 the value of mineral production at Capstone Mining Corp.'s high-grade Minto copper-gold-silver mine, Alexco Resource Corp.'s Bellekeno silver-lead-zinc mine and Yukon Zinc... Full story

  • Prairie Creek Mine gets environmental OK

    Rose Ragsdale, For Mining News|Updated Dec 25, 2011

    The Mackenzie Valley Environmental Impact Review Board has approved a proposal by Canadian Zinc Corp. for protecting the environment during operation of the Prairie Creek Mine in the Northwest Territories. The move, which comes after more than three years of review, is seen as perhaps a major milestone in the permitting process for the underground lead-zinc mine project and a signal that the investment climate for mining may be changing for the better in the northern territory. The Mackenzie Valley Environmental Impact... Full story

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