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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... 

Fasken Martineau Recognised in the 2017 Edition of The Legal 500 Europe, Middle East and Africa

     3rd May 2017 Fasken Martineau is pleased to announce that 24 of its lawyers have been recognized in the 2017 edition of The Legal 500 Europe, Middle East and Africa, across the following nine practice areas.  • Tier 1: Projects and Infrastructure • Tier 2: Construction; Employment; Mining • Tier 3: Banking... 

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... 

Mali ratifies Kigali Amendment on phasing out greenhouse-gas emissions 

By: African News Agency      5th April 2017 Mali has ratified the Kigali Amendment, a ground-breaking amendment to the Montreal Protocol to phase out hydro-fluorocarbons, a major source of greenhouse-gas emissions, the United Nations environment agency has announced. “We urge more countries to follow suit in order to protect our climate,”... 

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... 

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... 

South African airports rank highly in Africa in service quality awards

By: Keith Campbell     7th March 2017 South African airports occupy two of the top three places for major airports in the Africa region in the 2016 Airport Service Quality (ASQ) Awards, Airports Council International World (ACI World) announced in Montreal, Canada, on Monday. In this category, defined as airports handling more than... 

Automotive industry to achieve international standards with new gas

     10th February 2017 Honouring its commitment to the Kigali Amendment to the Montreal Protocol on Substances that Deplete the Ozone Layer, specialty chemicals and gas company A-Gas South Africa will be phasing out commonly used high global warming potential (GWP) refrigerants in its product range. 

Agreement significant in phasing down ozone depleting substances

     3rd February 2017 Specialty chemicals and gas company A-Gas South Africa (SA) has hailed the signing of the Kigali Amendment on October 15, 2016 as an “historic international agreement” for the phasedown of commonly used, high global warming potential (GWP) refrigerants. 

Plan to phase out ozone depleting substance

By: Simone Liedtke     3rd February 2017 Owing to chlorofluorocarbons (CFCs) and hydro chlorofluorocarbons (HCFCs) containing substances that are harmful to the ozone layer, South Africa is set to adopt its HCFC phase-out plan in a Government Gazette dated May 8, 2014, says the Southern African Refrigeration and Air Conditioning... 

Fieldturf, World Leader In Synthetic Turf Sports Products Enters S.A. Market

     31st January 2017 In a major boost to the upgrading of South African artificial turf sports facilities, the world’s largest producer of synthetic sports and landscape surfacing is entering the local market. FieldTurf, part of the 130-year-old Paris Stock Exchange-listed Tarkett Group, has signed a distribution... 

Trump makes Canadian mine explorer with zero revenue great again

By: Bloomberg     19th January 2017 There’s one thing Donald Trump is already making great again: a small Canadian explorer with rights to one of the world’s largest undeveloped copper and gold deposits. Northern Dynasty Minerals has more than tripled since the US election to approach a four-year high this week amid speculation... 

Osisko Gold Royalties increases 2016 gold earnings

By: Henry Lazenby     10th January 2017 Dual-listed gold royalty firm Osisko Gold Royalties has increased its 2016 gold earnings by 25% year-on-year, boosting revenue by 38% to a record C$62.7-million. The Montreal, Quebec-based company reported on Monday that it had earned 38 270 gold-equivalent ounces (GEOs) in 2016, compared with... 

Ottawa appoints temporary NEB members to review Energy East application

By: Henry Lazenby     13th December 2016 The Canadian federal government on Monday announced the appointment of three temporary members to the National Energy Board (NEB) to assist with the stalled application review of TransCanada Corp’s C$15.7-billion Energy East pipeline. Natural Resources Minister Jim Carr announced the appointment... 

Ozone depleting gas smugglers face clampdown

     3rd November 2016 Industries using imported ozone depleting HCFC refrigerants face escalating retrofit and recycling costs and should not be tempted to use illegal alternatives, warned leading industrial gases company Afrox. The South African government has launched a campaign to clamp down on the smuggling of... 

Carbon offset scheme on the cards for global aviation

By: Megan van Wyngaardt     7th October 2016 One-hundred and ninety-one States attending the thirty-ninth International Civil Aviation Organisation (Icao) assembly, in Montreal, Canada, have agreed to implement a Carbon Offset and Reduction Scheme for International Aviation (Corsia). The move was welcomed by the International Air Transport... 

Osisko hits high-grade sods at ‘company-making’ Windfall Lake

By: Henry Lazenby     21st September 2016 Explorer and project consolidator Osisko Mining has hit some high-grade returns with recent exploration work at its Quebec-based Windfall Lake gold project, reporting intersections containing as much as 391 g/t gold over 3.1 m (uncut). The Montreal-based company is currently undertaking an... 

Automotive HVAC market set to garner higher revenue globally

By: Sebastian Whyle     16th September 2016 Syndicated market research provider Allied Market Research (AMR) projects that the automotive heating, ventilation, and air-conditioning (HVAC) systems market will garner revenue worth $22.8-billion by 2022.  

NEB adjourns Energy East hearings

By: Henry Lazenby     12th September 2016 The National Energy Board (NEB) on Friday announced that the panel hearing public comments on TransCanada’s Energy East application and the Eastern Mainline Project application had been disbanded. The NEB was forced to cancel hearings in Montreal last month after protestors disrupted proceedings. 

Energy East pipeline project, Canada

By: Sheila Barradas     2nd September 2016 Canada's National Energy Board cancelled the first day of hearings on TransCanada Corp's proposed Energy East pipeline on August 29, after protesters disrupted the panel session. 

Construction continues ahead of schedule, budget as Stornoway ramps up Renard

By: Henry Lazenby     10th August 2016 Quebec-based diamond project developer Stornoway Diamond reported after market close on Tuesday that the Renard project remained ahead of schedule and on budget, according to the revised development plan. The Montreal-based company advised that it had to date spent or committed 88% of the budget,... 

NEB approves southern Ontario TransCanada gas pipeline construction

By: Henry Lazenby     5th August 2016 Canada’s independent energy regulator has approved construction of an 11.7 km natural gas pipeline in Vaughan, Ontario, subject to 19 conditions. TransCanada Pipelines’ Vaughan Mainline expansion project would be integrated into the company’s existing mainline system and its King’s north... 

South African Genre Films Represented at Fantasia Film Festival

     2nd August 2016 The Department of Trade and Industry together with the Association for Transformation in Film and Television and The National Film and Video Foundation, recently took a delegation of emerging filmmakers to the Frontières, Co-Production Market, part of the Fantasia Film Festival in Montreal... 

Energy East pipeline project, Canada

By: Sheila Barradas     29th July 2016 The pipeline will include four oil tank terminals, 65 to 70 pumpstations and two marine-tanker loading facilities. 

In taking 39.5% stake, TomaGold partners with Goldcorp at Sidace Lake

By: Henry Lazenby     24th June 2016 Montreal-based TomaGold has bought a 39.5% interest in the Sidace Lake project from junior Planet Exploration, the company said on Thursday. In doing so, the company partnered with Goldcorp, which held the remaining 60.5% of the project, located 25 km north-east of Balmertown, in the renowned Red... 

Rio Tinto appoints new iron-ore chief in organisational overhaul

By: Mariaan Webb     21st June 2016 Diversified miner Rio Tinto incoming CEO Jean-Sébastien Jacques on Tuesday unveiled a new organisational structure and executive team, which included a new head for its iron-ore division. Chris Salisburg, who was currently acting copper and coal CEO, was appointed CEO of the iron-ore division,... 

Cyprium finds high-grade zinc at Potosi silver mine, Mexico

By: Henry Lazenby     21st June 2016 Quebec-based explorer Cyprium Mining on Monday reported that samples taken from an oxidised zinc body on Level 14 of its 53%-owned Potosi mine, in Santa Eulalia, Mexico, have returned assay results averaging 37% zinc over a sample width of 1.53 m. The TSX-V-listed company reported that the... 

Stornoway receives LNG in a first for Quebec’s Northern Plan

By: Henry Lazenby     17th June 2016 Stornoway Diamond Corp has received the first delivery of liquefied natural gas (LNG) to its Renard project, in Quebec’s far north, marking a significant milestone in the province’s Northern Plan to provide critical infrastructure for businesses to thrive in the province’s remote regions. The... 

World Canals Conference speakers announced

     10th June 2016 The 2016 World Canals Conference is shaping up to be the best yet, with a trio of high-profile experts from the Americas the latest additions to an array of world-renowned speakers set to take part in the prestigious event in Scotland this September. Hosted on the banks of the majestic Caledonian... 

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