Archive | Quebec Mining

Osisko PEA outlines ‘highly profitable’ gold mine at Windfall in Quebec (Canadian Mining Journal – April 2021)

A preliminary economic assessment (PEA) on Osisko Mining’s (TSX: OSK) Windfall project in Quebec’s James Bay region outlines a 3,100 t/d two-ramp underground mine with a process facility that would produce an average of 238,000 gold oz. a year over an 18-year life. The gold development company is targeting first production from the gold deposit by 2024.

In its first seven years, Windfall would generate an average of 300,000 gold oz. annually at all-in sustaining costs of US$610 per oz., producing a peak of 328,000 oz. in year six.

Based on an initial capital outlay of $544 million that includes contingency, the after-tax net present value estimate for the project comes in at $1.5 billion, using a 5% discount rate and US$1,500 per oz. gold, with a 39.3% internal rate of return and a 2.2-year payback. Continue Reading →

‘Demand is growing and growing fast’: Quebec electric vehicle company gets help to build $185 million battery assembly plant – by Gabriel Friedman (Financial Post – March 16, 2021)

Ottawa and Quebec pitch in loans for a crucial piece in the EV supply chain that could help position the province for future growth in the sector

Montreal area-based Lion Electric Co. announced Monday it’s building a $185-million lithium-ion battery assembly plant in Quebec — a crucial piece in the electric vehicle supply chain that could help position the province for future growth in the sector.

The company, which manufactures electric trucks and buses in St. Jerome, Que., said the federal and Quebec governments are each lending $50 million to help advance the project, which is expected to create an additional 135 jobs, and produce around 14,000 batteries once operational in 2023.

The announcement came at a press conference on Monday with Prime Minister Justin Trudeau and Quebec Premier Francois Legault, among other dignitaries, in front of a Lion electric school bus and truck. Continue Reading →

Feds announce $7.1M for new wind turbines at Raglan mine – by Staff (Canadian Mining Journal – March 10, 2021)

As part of its climate efforts, the federal government is providing $7.1 million to Tugliq Energy to help fund the installation of two more wind turbines at Glencore‘s (LON: GLEN) remote Raglan nickel mine.

The operation, in the Nunavik region of northern Quebec, already has two 3-MW wind turbines, one constructed in 2014, and the second in 2018. The two turbines currently generate around 10% of mine power, saving over 4 million litres of diesel every year, and reduce greenhouse gas emissions by 12,000 tonnes.

Two more wind turbines would increase the mine’s renewable energy capacity to 12 MW and its energy storage capacity to 6 MW, and reduce diesel use by 6.6 million litres annually. Continue Reading →

Osisko continues to grow ‘world-class’ Windfall deposit (Canadian Mining Journal – February 17, 2021)

Osisko Mining (TSX: OSK) has released an updated resource estimate for its Windfall gold deposit in Quebec, which, according to CEO John Burzynski, “places Windfall among the best high-grade development projects globally.”

Measured and indicated tonnes now total 6 million tonnes at 9.6 g/t gold, for 1.9 million gold oz. and inferred resources add 16.4 million tonnes at 8 g/t gold, for an additional 4.2 million gold ounces across all categories now total 6.1 million oz.

When compared with the prior resource from February 2020, measured and indicated tonnes increased by 47%, alongside an increase in grade, which was previously 9.1 g/t gold. Similarly, inferred tonnes grew by 13% while the grades are now at 8 g/t gold, compared to 8.4 g/t previously. Cut-off grades are unchanged at 3.5 g/t gold. Continue Reading →

Yamana and Agnico Eagle approve C$1.7bn Odyssey mine – by Mariaan Webb ( – February 12, 2021)

Joint venture partners Yamana Gold and Agnico Eagle have approved the C$1.7-billion construction of the Odyssey gold project at Canadian Malartic, in Quebec.

The underground project will extend the life Canadian Malartic – Canada’s largest operating openpit gold mine – to 2039, yielding an average of 545 000 oz/y from 2029 to 2039, at a total cash cost of $630/oz.

“One of Canada’s largest underground gold mining projects will come to fruition right here in Malartic. Continue Reading →

Developing a market for scandium oxide – by Trish Saywell (Northern Miner – January 21, 2021)

Global mining news

If you blinked you might have missed the news last week but it was extraordinary: Rio Tinto (NYSE: RIO; LSE: RIO) and the Quebec government announced they are building a commercial-scale demonstration plant to produce scandium oxide in Canada – the first scandium oxide plant in North America.

As Alisha Hiyate, the editor-in-chief of the Canadian Mining Journal and Diamonds in Canada magazine pointed out in her article about the new plant on Jan. 14, scandium oxide is used to make high-performance aluminium alloys for the aerospace, defence and 3-D printing industries, and in the production of solid oxide fuel cells. Scandium-enriched alloys are stronger, lighter, corrosion-resistant and weldable.

Rio Tinto will be extracting the critical material from tailings it has generated from processing titanium dioxide. The mining company discovered the scandium oxide in mineralized material from its Lac Tio ilmenite mine in the French-speaking Canadian province five years ago, figured out a way of producing scandium oxide at a purity level of over 99.99%, and last year produced its first aluminum-scandium master alloy. Continue Reading →

Area Play: M&A on the Abitibi Greenstone Belt in Quebec – by David Erfle (Kitco News – January 22, 2021)

In the early 20th century, the discovery of the Cadillac-Larder Lake Fault Zone (CLLFZ) ushered in the Abitibi-Tamiscamingue Gold Rush and the geological anomaly continues to have a major impact on Quebec’s mining history.

The massive CLLFZ is a regional-scale strike fault and/or shear zone and is one of the most important structural controls on the gold mineralization in the Abitibi Greenstone Belt (AGB), which has produced 190 million ounces of gold since the early 1900s.

Its name derives from the township of Cadillac, where it was first discovered. The CLLFZ is roughly 160 kilometers long and extends from the town of Val d’Or, in Quebec, to Kirkland Lake, in Ontario, Canada. Although the city’s name in French means “valley of gold,” there is no valley in Val d’Or, however, there is still plenty of gold remaining in the surrounding area. Continue Reading →

Rio Tinto, Quebec bet on critical mineral scandium with new plant – by Niall McGee (Globe and Mail – January 15, 2021)

Rio Tinto Group, with aid from the Quebec government, is investing a combined US$6-million to bring a new environmentally friendly scandium project into production, which will be the first steady North American source of the extremely pricey rare earth mineral.

Currently produced as a byproduct of mining other elements such as uranium and titanium, scandium is in tight supply worldwide. China and Russia dominate the market, leaving North American companies at the whim of unreliable and potentially hostile suppliers.

The silvery white metal is used as an alloy to strengthen and lighten aluminum, and in fuel cells as a backup power source. Continue Reading →

Quebec crafts plan to advance critical and strategic minerals sector – by Erik Richer La Flèche (Canadian Mining Journal – January 6, 2021)

Quebec has a modern, diversified, and somewhat dirigiste economy, where the Quebec government is not afraid to assume a central role. For decades now, the provincial government has attempted to identify economic sectors that – in its opinion – have a promising future.

On Oct. 29, 2020, the government added the exploration and mining of minerals to the list when it released the Quebec Plan for the Development of Critical and Strategic Minerals (2020-2025).

The critical and strategic minerals sector now joins several others that the government has recently recognized as growth opportunities, including food production and transformation, electricity exports, green hydrogen, the electrification of transportation and batteries. Continue Reading →

Quebec govt spares mining industry from new restrictions – by Marleny Arnoldi ( – January 7, 2021)

The Quebec Mining Association (QMA) has welcomed the announcement of the continuation of mining operations, despite the total containment decreed by the provincial government late on January 6.

The association says this exemption for the industry is the result of robust measures that the mining industry has deployed to limit the spread of Covid-19 on mining sites.

Quebec has announced new Covid-related restrictions that include a night-time curfew and the closure of some workplaces that are non-essential, to clamp down on the second wave of the pandemic being experienced in Canada. Continue Reading →

Hydro-Québec’s battery push is built on making the province a lithium player. Will it work? – by Niall McGee (Globe and Mail – December 10, 2020)

Quebec has high hopes of becoming a player in the global lithium market with Hydro-Québec moving into the battery-storage industry, but experts say the challenges are immense and the province’s track record doesn’t bode well.

On Wednesday, Hydro-Québec announced plans to design and sell lithium iron phosphate batteries. The public utility aims to sell large numbers of the industrial energy storage units to transmission providers, distributors and other power producers.

Hydro-Québec says the global lithium iron phosphate battery market could generate $3-billion in sales a year by 2030, and the utility hopes to gain about 10-per-cent market share. Continue Reading →

End of the road? Quebec’s goal to ban gas-guzzling cars latest move to hasten oil’s decline – by Geoffrey Morgan (Financial Post – November 21, 2020)

Bob Larocque’s industry is planning for a future where the market for their main product, gasoline, begins to evaporate as national and sub-national governments phase out gasoline- and diesel-powered vehicles under increasingly ambitious timeframes.

“I need to understand how this will work,” said Larocque, president and CEO of the Ottawa-based Canadian Fuels Association, which represents Canadian oil refineries.

The global shift started with a planned ban on oil-powered vehicles in India in 2017, then Taiwan and Japan, with major economies in the European Union following suit. Continue Reading →

QC Copper and Gold injects new life into Opemiska in the Abitibi – by Stan Sudol (Northern Miner – October 29, 2020)

Global mining news

The Chibougamau-Chapais region, 750 km north of Montreal, is part of the largest Archean greenstone belt in the world. The belt, better known as the Abitibi, is 150 km in width, and stretches for 650 km from just west of Timmins in Ontario to Chibougamau in Quebec.

Explorers started travelling through the Chibougamau wilderness, a territory with abundant fur-bearing animals, fishing and hunting as early as the mid-1600s, but it wasn’t until the late-1800s that prospectors began to take note of the region’s mineral potential.

While there was some drilling and a small amount of mine construction in the first half of the 1900s, two world wars, a great depression and the region’s isolation prevented any significant mineral development. But in 1950, the Quebec government finished a 240 km road connecting the Chibougamau camp to St.-Felicien in the province’s Saguenay region. Continue Reading →

Gold exploration booms in La Belle Province – by Alisha Hiyate (Canadian Mining Journal – October 2020)

A combination of prospective geology, a mining–friendly culture, and generous exploration incentives have made Quebec a popular destination for explorers. A climbing gold price has made it especially so for precious metals juniors.

With 275,000 metres of drilling planned for 2020, Osisko Mining, profiled in our September issue, is certainly the most active gold explorer in La Belle Province, but it’s far from the only company busy at work. Here’s a look a few at some of the other most active gold exploration projects.

Amex Exploration – Perron

In September, Amex Exploration added four drill rigs at its Perron property and increased the program to 300,000 metres from 100,000 metres. The junior is working toward a maiden resource at Perron, located 110 km north of Rouyn-Noranda, near the village of Normétal. Continue Reading →

New hope for Kami iron ore project, with Labrador MHA cautiously optimistic – by Terry Roberts (CBC News Newfoundland-Labrador – November 18, 2020)

An agreement that will see the Kami proposed mining site in Labrador sold to a company with an operational mine across the border could see raw ore head to Quebec for processing, says MHA Jordan Brown.

Brown, a New Democrat who represents Labrador West in the House of Assembly, said he is cautiously optimistic but worried that economic benefits from what mining experts call a world class iron ore project may not stay in the region.

“This close proximity does bring some concern that some benefits will not come back to the people of Labrador, and may potentially benefit Quebec workers over Labrador workers,” Brown said. Continue Reading →