CanmetMINING and COREM have signed a co-operation agreement to meet the needs of Canada’s mining industry as it embraces innovation.
The aim is to reduce the risks associated with adopting new technology that supports sustainability and competitiveness.
The two hope to leverage their joint expertise and capability on projects of importance to the mining sector.
CanmetMINING is part of Natural Resources Canada that works in partnership with stakeholders to develop and deploy green mining technologies. The department conducts research and development across all aspects of a mine’s life. CanmetMINING has unique multidisciplinary expertise and facilities with research laboratories in Ontario, Quebec and British Columbia.
A retired Brazilian Army officer who recently advised Canadian miner Belo Sun (TSX: BSX) about its plans to mine gold in the Amazon, will head the country’s Indigenous Rights Agency (Funai) aiming at using his experience in the sector to deal with hundreds of impending clashes between miners and locals.
US gold giant Newmont Mining (NYSE:NEM) took a page out of Barrick’s book by announcing that is buying Canada’s Goldcorp (TSX:G) (NYSE:GG) in a $10 billion-deal that would create the world’s largest producer by output, challenging Barrick’s recently cemented supremacy.
Canada’s Lundin Gold (TSX:LUG) said Monday it has begun underground development at its flagship Fruta del Norte gold project in Ecuador, on track to kick off production later this year.
Canada's Torex Gold Resources (TSX:TXG) issued a media report stating that, in 2018, it produced 354,000 ounces of gold at its El Limón Guajes Complex, or ELG, located in southwest Mexico. From January to September, the company produced 246,309 ounces of gold in doré, with 11,322 additional ounces gold in carbon fines. The company also reported selling 348,000 ounces of the yellow metal.
Canada’s Endeavour Mining (TSX:EDV) (OTCQX:EDVMF) has increased its stake in its Ity gold mine in Ivory Coast to 85% from 80% by buying shares in the operation from a local company owned by former soccer star.
Canadian gold producer Pretium Resources (TSX, NYSE: PVG) said output at its Brucejack underground mine in British Columbia fell just shy of fourth quarter and full-year production guidance.