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This article was originally published in Maclean’s magazine on March 19, 1955.

The Hunch that’ll pay off in Billions

They scoffed at Franc Joubin when he insisted Algoma was rich in uranium. But, after a secret staking rush that reads like fiction, his colossal finds are now sparking the world’s biggest uranium mines and his theories have started a stampede from coast to coast

IN MID-MAY 1953 a mysterious expedition took off from South Porcupine in northern Ontario. Its members were a dozen geologists and mining engineers, eighty prospectors and, of all people, several young lawyers. The planes carried more than fifty tents, as many geiger counters, a hundred axes and other bush gear and several tons of food.

The planes took off at irregular intervals and headed north—a touch of cloak-and-dagger designed to confuse the curious. Most of them made several flights. As soon as settled areas were left behind, they turned southwest on compass bearings that carried them two hundred and fifty miles into the Algoma country, midway between Sault Ste. Marie and Sudbury, just north of Lake Huron. Some of the parties landed on lakes within an outfielder’s throw of the CPR Soo Line and the hard-surfaced Trans-Canada highway. Continue Reading →

Jon Baird, chairman of the Canadian Mining Hall of Fame, joins BNN Bloomberg to discuss Kate Carmack’s induction to the organization as the first Indigenous woman. Carmack’s involvement in the Klondike Gold Rush has been left out of history until a recently published novel brought new facts to light.

https://www.bnnbloomberg.ca/

Pierre Lassonde, chairman of Franco-Nevada, joins BNN Bloomberg to discuss why he believes 2019 will be a favorable year for gold. He also discusses his concerns about mining activity slowly moving away from Canada.

RepublicOfMining.com will be back January 3, 2019.

Leaders in Mineral Exploration and Mine Development to be Recognized at AME Roundup Awards Gala

Vancouver, B.C. – December 6, 2018 – The Association for Mineral Exploration (“AME”) is proud to announce its 2018 Celebration of Excellence Award winners. Leaders will be recognized for their significant efforts and contribution to the industry at the renowned AME Awards Gala on January 30 during the AME Roundup 2019 conference. Tickets are available through registration at www.amebc.ca/roundup.

Commenting on the Award Winners success, ‘Lyn Anglin, Chair of the AME Board of Directors, said;

“Congratulations to the industry leaders who are receiving AME’s 2018 awards. I am honoured to commend each winner for their momentous contributions to our industry, paving the way for its future beneficiaries. The theme of AME’s 2019 Roundup conference is ‘Elements for Discovery’ and these individuals and teams, through their remarkable efforts in elements of exploration, development and outreach, have generated discoveries and advancements which will bring benefits to the many diverse communities throughout British Columbia and Canada. The Awards Gala at Roundup is a chance for us all to recognize and rejoice in their accomplishments.”

This year’s Award Winners are: Continue Reading →

https://vrify.com/

VRify is a communication platform empowering companies and investors to connect on a new level. Showcase your projects and assets to investors in our virtual space, share the latest news and events instantly and market your company like never before.

https://www.fraserinstitute.org

For entire document: https://www.fraserinstitute.org/studies/annual-survey-of-mining-companies-2017

CALGARY—Saskatchewan is the world’s second most attractive jurisdiction for mining investment after Finland, according to the latest Annual Survey of Mining Companies released today by the Fraser Institute, an independent, non-partisan Canadian public policy think-tank.

“Rich mineral reserves, competitive taxes, efficient permitting procedures and certainty around environmental regulations will still attract significant investment—even with slumping commodity prices,” said Kenneth Green, senior director of the Fraser Institute’s energy and natural resource studies.

This year’s survey of mining executives rates 91 jurisdictions around the world based on their geologic attractiveness for minerals and metals and the extent to which government policies encourage or deter exploration and investment. Continue Reading →

https://miningwatch.ca/

Toronto/Ottawa/Montreal—27 October 2017. Over 200 community members, families, and property and business owners are still fighting Agnico Eagle and Yamana Gold over the impacts from the Canadian Malartic gold mine – the biggest open pit mine located on the edge of a community in Canada. The case will be before the Quebec Superior Court today, in Val d’Or.

“We are quite concerned about Agnico Eagle and Yamana Gold’s response to this suit. They appear to be willing to spend more money on isolating and wearing out affected community members rather than swiftly and responsibly resolving the conflict through a mediation or arbitration process,” states Ugo Lapointe, Canada Program Coordinator for MiningWatch Canada.

“The current approach taken by both Agnico Eagle and Yamana Gold is not meeting the best practices and standards.” Continue Reading →

London Mining Network – MiningWatch Canada
Earthworks – Amnesty International Canada

New UNEP report “Mine Tailings Storage: Safety Is No Accident” finds mining waste dams threaten people and the environment

Click here for report: http://bit.ly/2y1Lfqr

London-Washington-Ottawa, 23 October 2017. An international coalition of non-governmental organizations welcomes the new Assessment Report Summary released last week in Geneva by the United Nations Environment Programme (UNEP), which urges States and the industry to end deadly and damaging mining waste spills by enforcing a “zero-failure objective.”

The joint UNEP-GRID Arendal assessment, “Mine Tailings Storage: Safety Is No Accident,” highlights over 40 mining waste failures over the last decade, including eight ‘significant’ spills since 2014 alone. These failures have killed some 341 people since 2008, damaged hundreds of kilometers of waterways, affected drinking water sources, and jeopardized the livelihoods of many communities. Continue Reading →

Canada 150 Project to Find and Recover Lost Arrow Free Flight Models

Facebook Page:  https://www.facebook.com/raisethearrow/

Video:  https://vimeo.com/208205480/dddb0ef1aa

TORONTO, ONTARIO–(Marketwired – July 14, 2017) – Osisko Mining Inc. (TSX:OSK) (“Osisko” or the “Corporation”) is proud to announce that it is a participating sponsor in the search for and recovery of nine Avro Arrow free flight models launched over Lake Ontario in series of tests during 1954 – 1957.

The models are one-eighth scale replicas of the famed flying jet, and were part of the final flight design test work done prior to the production of the CF-105 Arrow. The goal of the search is to discover the resting place of the nine models, recover and ultimately house them at the Canada Aviation and Space Museum in Ottawa and the National Air Force Museum of Canada in Trenton, Ontario.

The search and recovery program is a Canada 150 collaborative effort spearheaded by OEX Recovery Group Incorporated, sponsored by Osisko group companies Osisko Mining Inc. and Osisko Gold Royalties Ltd., in collaboration with their financial partners at National Bank, the Bank of Montreal, Canaccord Genuity, Maxit Capital, Eight Capital and Northfield Capital; the Canada Aviation and Space Museum (CASM), Royal Canadian Air Force (RCAF), the Canadian Conservation Institute, and Bennett Jones LLP. Support for this project is also being provided by Scarlett Janusas Archaeology, Canadian Coast Guard, the Royal Canadian Military Institute and Canada Company. Continue Reading →

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Todd White is Executive Vice President and Chief Operating Officer of Goldcorp Inc. He has a multinational background in large-scale development projects, management systems and operational efficiency over two decades. He’s a strong voice for continuing innovation in the mining industry.

He was formerly Senior Vice President, South America at Newmont Mining Corporation, responsible for leading business excellence, operations and environmental stewardship. Continue Reading →

http://www.resourcegovernanceindex.org/

New index shows promise in some developing countries, but raises alarms over sovereign wealth funds and citizens’ freedom to hold governments to account

LONDON, 28 June 2017—The majority of governments inadequately govern their oil, gas and mining sectors, according to the 2017 Resource Governance Index. Sixty-six countries were found to be weak, poor or failing in their governance of extractive industries. Less than 20 percent of the 81 countries assessed achieved good or satisfactory overall ratings.

The cross-country study of extractives governance, released today by the Natural Resource Governance Institute (NRGI), is the most comprehensive of its kind to date. It is based on new research into how countries’ governance affects their potential to realize value and manage revenues from their resources. It also incorporates existing assessments of countries’ “enabling environments”—a measure of how well citizens can access and use information, freely work together to voice their concerns and hold their governments to account, and of the quality of institutions in the areas of administration, rule of law and corruption control. Continue Reading →

http://www.reuters.com/

LONDON – Stock market flotations of smaller mining and metals companies are set to pick up this year, although a return to the flood of deals five or six years ago remains unlikely while investors rebuild their bruised confidence in the sector.

A continued rally in metals prices is galvanizing some firms into raising capital on exchanges across the world to fund exploration and plow cash into existing projects, with others also preparing initial public offerings.

But with investors’ memories fresh of a bloodbath in mining stocks in 2015, the firms’ ambitions are modest: they are joining small-capital indexes or listing on junior markets in deals typically worth $10 million or less – far from Glencore’s $10 billion flotation in 2011 when commodities were booming. Continue Reading →