Torrential rains are suspected to be the cause of the collapse of a tailings pond in the western Abangares canton.

Drilling has intersected 17.68 g/t Au over 1.01 metres in the Minto Mine Shear Zone and confirmed gold mineralization in the extension of the Jubilee Shear.

“The government needs to intervene decisively and swiftly in order to stabilize property and capital market sentiment,” said JP Morgan.

West McArthur is situated in the Athabasca Basin in Saskatchewan, between 6-30 km to the west of the world’s richest uranium mine: Cameco’s McArthur River.

The world’s second-largest economy shrank by 2.6% in the three months ending in June.

Chief executive Chris Griffith says Yamana Gold’s shareholders are warming up to $6.7 billion takeover offer.

The company’s total gold production fell by 10% to 27,240 oz. in the second quarter of 2022.

A recently developed environmental sensor may be lifesaving in a number of industries, including mining.

Key moves in the mining sector.

The U.K. Mining Education Forum notes that no one has enrolled in mining engineering or mineral processing undergraduate courses in the country for the past two years.

A cost and schedule reforecast now pegs the total project costs at $7.06 billion, almost $1.8 billion higher than its original estimate in 2015.  

Four American environmental groups are pointing to a report commissioned by the BC Mining Law Reform and SkeenaWild Conservation Trust that analyzes the risks of tailings pond failures in B.C.