Canada Mining

How Canada Can Help Combat the 'Resource Curse'

Lina Holguin | Posted 11.20.2014 | Canada Business
Lina Holguin

Recently, Canada's Parliament introduced the Extractive Sector Transparency Measures Act, which could have a huge impact on people around the world experiencing the "resource curse." Too often, poor communities have no say in the extraction of resources from their land and receive little information about the scope of these projects, the revenues they generate, their timelines and potential impacts. The Canadian government has an historic opportunity to make a low-cost contribution to fighting corruption and improving the lives of thousands of communities around the world.

Are We Repeating Old Mistakes With the Oil Sands?

Dianne Saxe | Posted 11.14.2014 | Canada Politics
Dianne Saxe

The approved EA measures are very complex, and will include freezing in place the huge underground dumps of arsenic trioxide which pose the greatest health risk. It is likely to take 25 years to freeze it all. The freezing system will have to be actively operated, forever. The arsenic will stay poisonous -- it does not improve with time.

Who I'm Remembering Today

Karyn Pickles | Posted 11.11.2014 | Canada Living
Karyn Pickles

Two years ago, a great man died at the very impressive age of 97 (and a half). He is remembered and missed for the love, strength and support that he gave his family and friends, for the many great contributions to the Canadian mining industry during his long life, and also for his service in the Royal Canadian Navy during World War II.

Don't Let Oceana Gold Jeopardize El Salvador's Democracy and Drinking Water

Sujata Dey | Posted 11.12.2014 | Canada Politics
Sujata Dey

In El Salvador, people have died or lost their drinking water sources because of gold mining, contributing to a rising tide against mining. In 2008, the El Salvador government introduced a de facto moratorium on large-scale mining maintained by President Salvador Sánchez Cerén.

A Wake-up Call for Canada's Mining Industry

David Suzuki | Posted 10.27.2014 | Canada British Columbia
David Suzuki

When a tailings pond broke at the Mount Polley gold and copper mine in south-central B.C., spilling millions of cubic metres of waste into a salmon-bearing stream, B.C. Energy and Mines Minister Bill Bennett called it an "extremely rare" occurrence, the first in 40 years for mines operating here. He failed to mention the 46 "dangerous or unusual occurrences" that B.C's chief inspector of mines reported at tailings ponds in the province between 2000 and 2012, as well as breaches at non-operating mine sites.

Beware Hasty, Unwise Policy Decisions After Mount Polley

Kenneth P. Green | Posted 10.12.2014 | Canada British Columbia
Kenneth P. Green

It's one thing to seek to learn from a disaster and it's another thing to incite emotional responses to promote hasty, unwise public policy actions. Despite the fact that virtually nothing was known about the cause of the Mount Polley leak, only two days after the spill, the David Suzuki Foundation had set up an automatic petition portal on their website calling on the province to institute a moratorium on new mine approvals, a suggestion that would imperil a substantial part of B.C.'s economy.

Supreme Court Ruling Paves Way For Tahltan's Own Land Case

Annita McPhee | Posted 09.02.2014 | Canada British Columbia
Annita McPhee

Without Tahltan consent, and against the clear wishes that our people have expressed, Fortune Minerals continues to press ahead with its plans to build the Arctos Anthracite open-pit coal mine on Mount Klappan in Tahltan territory. We will continue to work hard for our people and hope both the province and Fortune see that their current approach is not working, and the current path they are on is the wrong one.

Mining Trumps Merengue For Vancouver Cultural Group

Pablo Munoz | Posted 06.29.2014 | Canada British Columbia
Pablo Munoz

Latincouver is, in reality, a business interest put forward under the guise of cultural exchange. While portraying itself as a centre for strengthening cultural ties, many local Latin Americans have criticized the group over their latest business conference, Expoplaza Latina. The event is focused more on mining and resource extraction than merengue and multiculturalism.

Fighting Climate Change is Now Less Gloomy, More Optimistic... Even Fun!

David Fogarty | Posted 06.17.2014 | Canada
David Fogarty

Depending on where you are, it's been getting hotter, colder, drier, wetter, stormier. Indeed, the changes, particularly the intensity of heatwaves and droughts, have been occurring faster than many scientists predicted. And that's made it a bit easier to feel there is something real about climate change.

Why Alberta Is A Great Place To Call Home

Carlo Montemagno | Posted 06.07.2014 | Canada Alberta
Carlo Montemagno

Alberta has led all provinces in average annual economic growth over the last 20 years. Our unmatched strengths in agriculture, forestry and petrochemicals have earned us an international reputation but it is the energy sector that is our driving economic force. We are the energy hub in a nation that consistently ranks among the top 10 energy producers in the world. That's huge.

Sunny Freeman

Will Global Turmoil Affect Ontario Mining Megaproject?

HuffingtonPost.com | Sunny Freeman | Posted 02.15.2014 | Canada Business

Ontario’s mining minister says Ring of Fire negotiations are “productive and encouraging,” despite a series of setbacks including the exit of th...

We're One Step Closer to Mining Transparency in Canada

Claire Woodside | Posted 04.09.2014 | Canada Business
Claire Woodside

It's hard to have a conversation about Canada's economy these days without it touching on our natural resource wealth, and the global reach of our mining companies. But there's one part of this conversation that Canadian provinces may be missing: how they can become global leaders in a burgeoning international effort to improve governance and transparency in the extractive sector.

More Grief for the Reef as Australia Backs Huge Coal Port

David Fogarty | Posted 04.05.2014 | Canada
David Fogarty

An Australian government authority approved on Friday the dumping of three-million cubic metres of dredging spoil within the Great Barrier Reef marine...

Enviro Reviews Too Cumbersome: Premier

CP | Vivian Luk, The Canadian Press | Posted 03.29.2014 | Canada British Columbia

VANCOUVER - British Columbia Premier Christy Clark has ordered a review of the province's environmental assessment process, saying the current system ...

Sunny Freeman

Here's How The Mining Industry Plans To Stop Foreign Bribes

HuffingtonPost.com | Sunny Freeman | Posted 01.25.2014 | Canada Business

Canada’s mining industry has put its weight behind a push for companies to publicly disclose the government payments they make at home and abroad. T...

How Are Canadian Exporters Feeling? You Might Be Surprised

Peter Hall | Posted 02.05.2014 | Canada Business
Peter Hall

For all the pre-crisis talk about resource scarcity, the rarest commodity since crisis hit is confidence. But now, it's the comeback kid of the global economy: the long hibernation is over, and across a number of heavy-hitting economies, confidence is normalizing.

Sunny Freeman

Canada Handling Native Rights Like 'Third-World' Nation?

HuffingtonPost.com | Sunny Freeman | Posted 10.30.2013 | Canada Business

Canada has been singled out as the country with the most risk of conflict with aboriginal communities in a new study examining treatment of indigenous...

Mining Company Retreats From Sacred Headwaters

CP | The Canadian Press | Posted 11.24.2013 | Canada British Columbia

VANCOUVER - A Canadian mining company is moving to diffuse a growing dispute with First Nations over a proposed open pit coal mine in northern B.C., b...

Exposing The Gold Diggers Of B.C.

Torrance Coste | Posted 11.03.2013 | Canada British Columbia
Torrance Coste

Gold mining is one of the most destructive things we do, and the reasons to worry about it are endless. Acid mine drainage -- a process through which non-usable materials found in gold deposits are exposed, acidified, and leached into the surrounding environment -- threatens water quality and is a common occurrence at gold mines worldwide. Other toxins like mercury are released through mining, further impacting local water systems. In a rainforest like Clayoquot Sound, water is the central element, and by jeopardizing it we jeopardize everything from salmon rehabilitation to cultural practices to recreational opportunities.

Where Are All the Women in Mining?

G(irls)20 | Posted 10.13.2013 | Canada Impact
G(irls)20

The reality is that mining is no longer about brute strength and pickaxes. It is now one of the most technologically advanced industries in the world. And as an industry that is currently pushing the boundaries of engineering and technology, we should be appealing to young women everywhere to become involved.

Barrick Gold Hit With Huge Loss

CP | Alexandra Posadzki, The Canadian Press | Posted 10.01.2013 | Canada Business

TORONTO - A massive writedown on the Pascua-Lama mine in Chile helped push Barrick Gold Corp. to a second-quarter loss of US$8.56 billion, but the Tor...

How Harper's New Stance on Mining Could Help This 7-Year-Old Girl

Debbie Wolfe | Posted 08.20.2013 | Canada Impact
Debbie Wolfe

Amani may know nothing about the trillions of dollars' worth of minerals hiding beneath the ground of her country, the Democratic Republic of the Congo (DRC). But she may reap the benefits of her country's mineral wealth in the future, thanks to a new Canadian G8 commitment announced by Harper in London last week.

Quebec's Pursuit of the Green Dream Will Lead to Ruin

Kenneth P. Green | Posted 07.20.2013 | Canada Politics
Kenneth P. Green

Quebec's political leaders seem to have fallen for the Great Green Dream of economic prosperity without energy or natural resource production. It's a magical vision of a world powered by unicorns and rainbows, where consumer goods are somehow conjured out of thin air rather than being manufactured with resources extracted from the ground. But experience in Europe shows that chasing the green dream is a path to financial ruin, not utopia. Quebec's one-two punch to energy and natural resource production is most likely to hurt the province itself more than the industries who might invest there.

Export Growth Predictions: See How Canada's Provinces Stack Up

Peter Hall | Posted 07.16.2013 | Canada Business
Peter Hall

International trade will be a key growth driver for the Canadian economy this year and next. However, the distribution of export growth in Canada's provinces is anything but even. Some are leading the charge, while others are steady at the national pace. Others are lagging behind, some quite seriously. What are the key factors influencing the different growth patterns?

Barrick Gold's $17-million Executive Pay Packages Make Sense

Richard Leblanc | Posted 06.26.2013 | Canada Business
Richard Leblanc

There is merit to Peter Munk's position. If shareholders truly believe in pay for performance, then it is equally important to attract and motivate executive talent in a downturn as it is in an upturn. This means, paradoxically, that a compensation committee will pay out more, in spite of low stock price, and rein in executive pay during an upturn.