Denis Gourde

A BC mining industry panel put the spotlight on what’s next for BC mining and how it can build community resiliency throughout the province. ⛏️   Resource Breakfast Series panel moderator, Mining Association of BC's Tim McEwan framed yesterday’s discussion by outlining the generational opportunity to build 27 new mines, which would have a $90 billion economic impact during development and construction. 🚧   Minister of Mining and Critical Minerals, Jagrup Brar talked about the prominence of BC mining on a global scale and recent efforts by his government to attract investment in the sector amidst stark economic challenges BC and Canada are facing.   Karina Briño, Centerra Gold Inc. outlined the approach her team is taking working collaboratively with government, First Nations and communities to ‘get it done’ as they undergo permitting for an extension of their Mount Milligan mine located 155 km northwest of Prince George.    Candice Alderson, Artemis Gold Inc. described how their Blackwater project southwest of Vanderhoof creates genuine economic opportunities to help sustain Central BC communities facing challenging economic times.   #RBS2025 #criticalminerals #bcmining #UBCM2025

219

7 Comments

MEDIA RELEASE: Artemis Gold Inc. announces plans to upgrade the current Blackwater Mine processing plant (Phase 1), increasing nameplate capacity by 33% from 6 million tonnes per year (Mtpa) to 8 Mtpa by Q4 2026 (Phase 1A). The Company estimates that Phase 1A will be completed at a capital cost of $100-$110 million; an industry-low capital intensity of $50-$55 per additional annual tonne of processing capacity. Watch for highlights and read more here: https://lnkd.in/g2yyEEFU #artemisgold #blackwatermine #miningbc #mining

449

11 Comments

Last week, GMIN announced that it has received the Final Environmental Permit necessary for the construction and operation of gold mining and processing at the Oko West Gold Project in Region 7. Our President & Chief Executive Officer, Louis-Pierre Gignac, stated, “The receipt of the Environmental Permit is a pivotal milestone that de-risks Oko West and clears the path toward a construction decision later this year,” and added, “This achievement reflects constructive engagement with the EPA, the Government of Guyana, and the communities of Region 7, and demonstrates Oko West can progress responsibly—safeguarding the environment, generating employment, and delivering sustainable economic benefits. With this approval, a favorable gold price outlook, and cash flow from TZ, GMIN is well-positioned to advance the Project in alignment with the highest environmental and social standards, creating lasting value for all stakeholders." This five-year permit authorizes the construction and operation of Oko West, which is expected to create an average of 1,270 direct permanent jobs in Guyana. For more information visit: https://lnkd.in/eSxQRXBX #GMIN

127

4 Comments

Barrick Mining Corporation has agreed to sell its last operating gold mine in Canada, marking a significant milestone as the company shifts its focus toward copper. The Hemlo Gold Mine in Ontario will be sold to Carcetti Capital Corp. for $875 million in cash and $50 million worth of Carcetti shares. An additional $165 million in contingent payments could be triggered depending on future gold prices. The sale is expected to close in the fourth quarter of 2025. https://lnkd.in/gb6mANJp

113

3 Comments

Barrick today announced that it has reached an agreement to sell Barrick Hemlo in Canada to Carcetti Capital Corp., which is to be renamed to Hemlo Mining Corp. upon closing of the transaction. “The sale of Hemlo at an attractive valuation marks the close of Barrick’s long and successful chapter at the mine and underscores our disciplined focus on building value through our Tier One gold and copper portfolio,” says Barrick president and chief executive Mark Bristow. Canada remains an important jurisdiction for Barrick, with a portfolio that includes a number of prospective early-stage projects and exploration targets. We will continue to pursue opportunities to find and operate world-class gold and copper mines in Canada. 📰 News Release Barrick Announces Sale of Hemlo for Up To $1.09 Billion https://lnkd.in/eTQqvxfd

586

14 Comments