Archive | New Brunswick/Bathurst Zinc Mining Camp

Nutrien’s US$1.8B N.B. mine writeoff illustrates dismal state of potash market – by Gabriel Freidman (Financial Post – November 7, 2018)

November 7, 2018 in Canadian Media Resource Articles, New Brunswick/Bathurst Zinc Mining Camp, Potash/Phosphate, Saskatchewan Mining

https://business.financialpost.com/

For nearly three years, the town has been working to absorb the shock of the closure

Saskatoon-based Nutrien Ltd., the largest potash company in the world, announced late Monday evening that it is closing a mine in Sussex, N.B. that cost billions of dollars to construct and that it had barely operated.

Marc Thorne, mayor of Sussex, said that the news arrived quickly. On Monday, the company asked for a meeting on short notice, and told him it planned to close its potash mine and return the site to nature.

“In four or five years, there may not be any indication that the mine was even there,” said Thorne. The situation illustrates the dismal state of the potash market. Nutrien’s predecessor, the Potash Company of Saskatchewan, started building the mine in 2007 and finished eight years later at a cost of US$2.2 billion. Continue Reading →

TRANSFORMATION: Digging out from a mine closure: Sussex gives itself a shake and tries new things – by Connell Smith (CBC News New Brunswick – July 16, 2018)

July 17, 2018 in Canadian Media Resource Articles, New Brunswick/Bathurst Zinc Mining Camp, Potash/Phosphate

https://www.cbc.ca/news/canada/new-brunswick/

Southern New Brunswick town lost 1,000 jobs almost overnight when PotashCorp pulled out

Uwe Fiehn has a numbers problem. Despite a fairly steady stream of lunch-time customers exclaiming over the pastries and European breads, the owner of the Country Home Bakery knows a lot more people should be stopping in.

“Every day we need 100 to 110 customers, then you have a very good business,” Fiehn said. “If you have 80 customers every day, that’s also perfect. “But we have at the moment just 50 to 55, you know?” Fiehn and his wife, Linda, bought the property in Sussex Corner, outside Sussex, in August 2015.

1,000 jobs gone

Five months later, PotashCorp delivered the shattering news to Sussex and surrounding communities that it was closing its mine in nearby Penobsquis. Continue Reading →

Top 10 zinc miner Trevali lifts 2018 guidance 140% as zinc powers to 10yr high – by Henry Lazenby (MiningWeekly.com – January 16, 2018)

January 17, 2018 in Canadian Media Resource Articles, Latin America Mining, New Brunswick/Bathurst Zinc Mining Camp, Zinc, Lead and Tin

http://www.miningweekly.com/

VANCOUVER (miningweekly.com) – Canadian zinc miner Trevali Mining expects to produce 140% more zinc this year, following a transformational 2017 that saw it produce a record 177.4-million payable pounds of zinc.

The 2017 output was boosted by the December quarter production from the newly acquired Perkoa mine, in Burkina Faso, and the Rosh Pinah mine, in Namibia, which it acquired from Glencore on August 31. Production for the assets from April 1 to August 31, was treated as part of the working capital adjustments captured in the purchase price calculation.

Trevali, which is based in Vancouver, on Monday reported record unverified fourth-quarter production of 104.8-million payable pounds of zinc, 13.5-million payable pounds of lead and 396 899 oz of payable silver. Preliminary 2017 output was reported at 45.8-million pounds of lead and 1.6-million ounces of payable silver. Continue Reading →

Osisko Metals to acquire Pine Point zinc mine in NWT – by Trish Saywell (Northern Miner – January 8, 2018)

January 9, 2018 in Canada Mining – North of 60, Canadian Media Resource Articles, New Brunswick/Bathurst Zinc Mining Camp, Zinc, Lead and Tin

Northern Miner

Osisko Metals (TSXV: OM) is expanding its zinc footprint to northern Canada in a $35 million deal to acquire Pine Point Mining (TSXV: ZINC) and its Pine Point project near Hay River in the Northwest Territories.

Pine Point – once Canada’s most profitable zinc-lead mine – produced nearly 64 million tonnes of ore from 52 deposits between 1964 and 1987. Another 46 deposits on the property were identified but never put into production.

The acquisition, combined with Osisko Metal’s 50,000-hectares of zinc properties in New Brunswick’s Bathurst Mining Camp, gives the junior exploration and development company control over two world-class past-producing base metal camps. Continue Reading →

Osisko Metals consolidates Bathurst Mining Camp – by Trish Sayell (Northern Miner – November 30, 2017)

December 1, 2017 in Canada Mining, Canadian Media Resource Articles, New Brunswick/Bathurst Zinc Mining Camp, Zinc, Lead and Tin

In the last year, newly minted Osisko Metals (TSXV: OM; US-OTC: BWMXF) has picked up over 50,000 hectares in New Brunswick’s Bathurst mining camp, the third largest volcanogenic massive sulphide (VMS) camp in the world.

“We’ve been scouring the base metal space looking for new opportunity,” Jeff Hussey, the junior’s president and CEO, told analysts and investors during a presentation at Red Cloud’s recent annual fall conference. “We’re trying to get a cluster of deposits within a 25-30 km trucking distance that would feed a central concentrator.”

The company’s focus is on zinc, a base metal whose price has doubled to about US$1.43 per lb. over the last twelve months, and one which Hussey knows well after spending 20 years at Noranda, including a stint working at the Brunswick No. 12 mine in the Bathurst camp. Continue Reading →

Xstrata Zinc Brunswick Mine, Bathurst,New Brunswick-“End of an Era” documentary by Glen Ferguson (April 2013)

October 27, 2017 in Canada Mining, Canadian Mining History, Glencore, New Brunswick/Bathurst Zinc Mining Camp, Zinc, Lead and Tin

https://www.fergusonaudioproductions.com

“End of an Era” Brunswick Mine. Shot and edited by Glen Ferguson.

A historical look at Northern New Brunswick’s, Brunswick Mine.
Once the world largest zinc mine, this long time economic staple our the region has recently closed.

Over 50 years of unique history that changed the provinces Northern communities for ever and Over 7500 employees, thousands of contractors, students etc. worked the mine over its life span.