Mining News

A tunnel in Cameco's Cigar Lake uranium mine. The company reported a $62 million loss for 2016  in a report released on Feb. 10, 2017.

Cameco swings to $62-million loss on write-downs as uranium market drags

By The Canadian Press February 10, 2017 - 6:40am Updated: February 10, 2017 - 6:40am

SASKATOON - Uranium producer Cameco (TSX;CCO) reported a net loss of $62 million for 2016 after the depressed market for its main product had it taking $362 million in...

Cameco will lay off 120 employees split between its Saskatchewan operations at McArthur River, Key Lake and Cigar Lake.

Cameco announces layoffs, projects loss for 2016

By 650 CKOM January 18, 2017 - 7:15am Updated: January 18, 2017 - 7:21am

Cameco will be letting go of about 10 per cent of the workers at three of its Saskatchewan mining and milling operations.   120 employees spread across the company's McArthur...

PotashCorp reported earnings of 10-cents-a-share for the third quarter of 2016. That's down from 34-cents-a-share for the same period last year.

PotashCorp Q3 profit plunges despite record volumes

By The Canadian Press October 27, 2016 - 12:17pm Updated: October 27, 2016 - 12:17pm

SASKATOON -- Potash Corp. of Saskatchewan (TSX:POT) says it achieved record sales volumes for a third quarter, but saw its profit fall from last year due to weaker prices for...

Digital rendering of the temporary housing project planned for Jansen mine project workers.

Jansen mine unaffected by $6.4 billion loss at BHP Billiton

By Bryn Levy August 16, 2016 - 5:02pm Updated: August 16, 2016 - 5:03pm

Construction at the Jansen potash mine near Lanigan, Sask. will continue despite heavy losses reported Tuesday by BHP Billiton.  The mining giant posted a loss of $6.4 billion...

Rick Stettner and Thera Nordal were part of a group that spoke out against the proposal to build a potash mine on or near their land.

Southey landowner disappointed with Yancoal potash mine approval

By Lisa Schick August 10, 2016 - 6:39am Updated: August 10, 2016 - 10:18am

They've written statements, gathered at the legislature, and met with politicians – all to no avail. People in Southey who are against the Yancoal potash mine don't believe the...

Agrium Potash Mine in Vanscoy.

Worker seriously hurt at Agrium Vanscoy Potash mine

By 980 CJME, The Canadian Press August 9, 2016 - 10:05am Updated: August 9, 2016 - 10:20am

Work has been suspended at the Agrium Potash Mine in Vanscoy after a serious workplace injury.

An employee was caught between two pieces of equipment and seriously hurt...

Processing vessel crashed at Bethune K+S Potash Mine.

Large piece of equipment crashed down at K+S Potash mine in Bethune

By 980 CJME July 18, 2016 - 11:49am Updated: July 18, 2016 - 2:41pm

Some of the construction work on the K+S Potash mine in Bethune is stalled after an accident at the Legacy mine site.

A large processing vessel came crashing down at 4:...

Graphic showing proposed potash mine near Southey from Yancoal Canada website.

Landowners concerned about proposed potash mine near Southey

By Brant Hilton June 13, 2016 - 6:49am Updated: June 13, 2016 - 7:00am

A proposed potash mine near Southey – 58 km north of Regina – has some area landowners worried about what lies ahead.

“We are not interested in this mine in this...

Located in northern Saskatchewan, Rabbit Lake is the longest-producing uranium operation in Saskatchewan.

Government sending help to those laid off from Rabbit Lake uranium mine

By Sarah Mills April 22, 2016 - 1:08pm Updated: April 22, 2016 - 1:30pm

Premier Brad Wall confirms the government's rapid response team is already working with some of the 500 people being laid off in northern Saskatchewan.

"To identify...

Located in northern Saskatchewan, Rabbit Lake is the longest producing uranium operation in Saskatchewan.

Cameco closes Rabbit Lake uranium mine, 500 laid off

By 650 CKOM April 21, 2016 - 5:57pm Updated: April 22, 2016 - 7:36am

Cameco is suspending production at its Rabbit Lake Mine operation in northern Saskatchewan, resulting in about 500 jobs lost.

In the release on their website, they also...

Claude Resources' Seabee gold mine.

Vancouver mining company buys Saskatoon's Claude Resources in friendly deal

By The Canadian Press March 7, 2016 - 9:39am Updated: March 7, 2016 - 11:09am

Silver Standard Resources (TSX:SSO) has a friendly deal to acquire Saskatoon-based Claude Resources, which operates a gold mine in northeastern Saskatchewan.

The offer...

SaskPower Carbon Capture and Storage Facility.

BHP Billiton invests in carbon capture research at University of Regina

By Kevin Martel February 5, 2016 - 3:22pm Updated: February 5, 2016 - 4:25pm

One of the world's largest mining companies is making a big investment into the research of carbon capture and storage (CCS) technology in Saskatchewan.

BHP Billiton...

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