NUNAVUT

TSB raising the bar on safety: Reducing the risks that persist in commercial helicopter operations

Retrieved on: 
Thursday, February 15, 2024
Atmosphere, Transportation Safety Board, Airbus, Great Slave, Transport, Transport Canada, Minister of Public Safety, Risk, Safety, TSB, Fault, Crash, Aircraft, Snow, NU, Accident, Research, Airline

This led to an unexpected loss of visual reference to the horizon, also known as inadvertent flight into instrument meteorological conditions (inadvertent IMC).

Key Points: 
  • This led to an unexpected loss of visual reference to the horizon, also known as inadvertent flight into instrument meteorological conditions (inadvertent IMC).
  • While the pilot was likely attempting to visually manoeuvre the helicopter in response to inadvertent flight into IMC, an unintentional descent resulted in the helicopter colliding with terrain.
  • "For more than 30 years, the TSB has been calling for the implementation of safety measures to mitigate the risks that persist in helicopter reduced visibility operations.''
  • [A24-01]
    require commercial helicopter operators to implement technology that will assist pilots with the avoidance of, and recovery from, inadvertent flight into IMC.

Telesat Opens Annual Scholarship Programs for Women & Indigenous Students

Retrieved on: 
Thursday, February 15, 2024
Engineering, Disability, Woman, Achievement Medal, Education, TSX, Miss Universe Canada, Mathematics, Universities Canada, TSAT, CAD, Student, Science, Interview, Fellow, SPC

“With these programs we aim to provide women and Indigenous students with access to impactful education and career opportunities while developing STEM talent throughout Canada.”

Key Points: 
  • “With these programs we aim to provide women and Indigenous students with access to impactful education and career opportunities while developing STEM talent throughout Canada.”
    Women in STEM Scholarship Program:
    Through the Women in STEM scholarship, Telesat will award $5,000 CAD scholarships to eight full-time undergraduate students pursuing studies in science, technology, engineering and mathematics (STEM).
  • With this scholarship, Telesat hopes to empower more women to engage in these important, emerging, and high-paying fields.
  • Telesat intends for this program to reflect Canada’s broad diversity and the company strongly encourages Indigenous, visible minority students, and students with disabilities to apply.
  • Scholarship Partners Canada (SPC), a division of Universities Canada, administers the scholarship program on behalf of Telesat.

Royal Gold Reports Strong Fourth Quarter and Full Year 2023 Operating and Financial Results

Retrieved on: 
Wednesday, February 14, 2024
Mining, Minerals, Natural Resources, MMG, GSR, Umwelt, DD, GEOS, Royal, Interest, Action Replay, Royal Gold, ROD, NSR, Rain, Congo, Zinc, MMG Limited, Mount, Goose, KCM, Llama, Security (finance), Silver, Great Bear, Record, Democratic republic, Depreciation, Barrick Gold, Kinross Gold, Calendar, Life, Acquisition, Quarter, Nickel, Teck Resources, Limited, Stock exchange, Iamgold, Failure, Cryptocurrency

For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.

Key Points: 
  • For the quarter ended December 31, 2023 (“fourth quarter”), we reported net income of $62.8 million, or $0.95 per share, on revenue of $152.7 million and operating cash flow of $101.1 million.
  • Barrick is expecting gold production at the Cortez Complex to be 620,000 to 680,000 ounces in 2024 (100% basis).
  • According to Barrick, construction and commissioning activities for the plant expansion were substantially completed by the end of 2023.
  • Gold and copper grades are relatively well correlated at Andacollo and gold production tends to track copper production.

Government of Canada announces appointments to the Independent Advisory Board for Senate Appointments

Retrieved on: 
Wednesday, February 14, 2024
Advisory board, The Honourable, Principal, Cabinet, Saskatoon, Advisory Council, Public security, Government, University, Business, Public policy, International Migrants Day, Settlement, Clothing, Counsel, Senate, Management

OTTAWA, ON, Feb. 14, 2024 /CNW/ - Today, the Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, announced the appointment of six new members to the Independent Advisory Board for Senate Appointments (the Advisory Board).

Key Points: 
  • OTTAWA, ON, Feb. 14, 2024 /CNW/ - Today, the Honourable Dominic LeBlanc, Minister of Public Safety, Democratic Institutions and Intergovernmental Affairs, announced the appointment of six new members to the Independent Advisory Board for Senate Appointments (the Advisory Board).
  • The Advisory Board is an independent and non-partisan body mandated to provide the Prime Minister with merit-based, non-binding recommendations on Senate appointments.
  • The appointees will represent their respective provinces and territory on the Advisory Board for two years.
  • Established in 2016, the Advisory Board assesses applications based on public, merit-based criteria to identify Canadians who would make a significant contribution to the work of the Senate.

Government of Canada increases loan forgiveness for doctors and nurses working in under-served rural and remote communities

Retrieved on: 
Tuesday, February 13, 2024
Student, Education, Languages of Ethiopia, Health, Government, Practitioner, Nursing, Policy, Workforce, Employment, Partnership

Today, the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, announced that the policy to increase loan forgiveness by 50% is now in effect for doctors and nurses working in under-served rural and remote communities.

Key Points: 
  • Today, the Honourable Randy Boissonnault, Minister of Employment, Workforce Development and Official Languages, announced that the policy to increase loan forgiveness by 50% is now in effect for doctors and nurses working in under-served rural and remote communities.
  • This is a 50% increase to the maximum amount of forgivable Canada Student Loans for eligible family physicians, family medicine residents, nurses and nurse practitioners working in under-served rural and remote communities.
  • This 50% increase in Canada Student Loan forgiveness is expected to attract nearly 1,200 new doctors and 4,000 new nurses to under-served rural and remote communities across the country over a 10‑year period.
  • Canada Student Loan forgiveness for family doctors, family medicine residents, nurses and nurse practitioners only applies to the federal portion of a student loan.

Canada Rich in Uranium Resources Projected to Fuel Strong Growth for Mining Industry Over Next Five Years

Retrieved on: 
Tuesday, February 13, 2024
Lithium, Cloud, Hathor, Mining, News, Growth, CCO, Westinghouse, Athabasca, Geology, NXE, Gartner, Lead, GSC, Minority, Offering, SCP, OTCQB, Copper, Rio Tinto, Ore, Teck Resources, URU, Snake, OTCQX, International Financial Reporting Standards, International, Rough Riders, Yon, HZ, Gold, Cobalt, Palladium, SW2, Agreement, SW1, PALM, Acquisition, Vendor, Nickel, Uranium, UEC, Mineral, TSX, Platinum, PLS, Definitive, COMINCO, Molybdenum, NexGen, Movement, FCU, Uranium mining

Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.

Key Points: 
  • Overall industry revenue has climbed at a CAGR of 5.4% to an estimated $4.0 billion, while leading to growth in industry profit.
  • The industry in Canada will continue to be primarily driven by fluctuations in the prices of its underlying commodities.
  • Declining prices for molybdenum and platinum will inhibit industry growth, but be partly offset by inclines/rises in the price of uranium.
  • The prices of three of the most prominent industry products, molybdenum, platinum and uranium have all grown since 2018.

Latitude Uranium Announces Filing and Mailing of the Management Information Circular in Connection with its Special Meeting of Shareholders to Approve the Arrangement with ATHA Energy

Retrieved on: 
Tuesday, January 30, 2024
Par value, Athabasca Basin, Growth, Combined, Research, OTCQB, Circular, FRA, Capital market, SASK, Uranium, LUR, Latitude, Arrangement, Security (finance)

TORONTO, Jan. 30, 2024 (GLOBE NEWSWIRE) -- Latitude Uranium Inc. (“Latitude Uranium”, “LUR” or the “Company”) (CSE: LUR, OTCQB: LURAF, FRA: EI1) is pleased announce its notice of special meeting of shareholders (the “Meeting”) and management information circular (the “Circular”) are now available on LUR’s website at https://latitudeuranium.com/investors/special-meeting/ as well as under LUR’s profile on SEDAR+ (http://www.sedarplus.ca). LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.

Key Points: 
  • • The Board of Directors of LUR unanimously recommends that Shareholders vote IN FAVOUR of the Arrangement Resolution.
  • LUR has commenced the mailing of the Circular and related materials for the special meeting of LUR’s shareholders (“LUR Shareholders”) on Tuesday, January 30th, 2024.
  • LUR Shareholders are encouraged to read the Circular and vote your LUR Shares as soon as possible.
  • Under the terms of the Arrangement, LUR Shareholders will receive 0.2769 of an ATHA Share for each LUR Share held.

Emerald Geological Services Presents Epworth Project at Vancouver Resource Investment Conference (VRIC), on January 21 & 22, Booth 428

Retrieved on: 
Friday, January 19, 2024
Emerald, MVT, Booth, NWT, Geology, EGS, Conference, SSC

Timmins, Ontario--(Newsfile Corp. - January 19, 2024) - Emerald Geological Services ("EGS" or the "Company") will be presenting at the Vancouver Resource Investment Conference (VRIC), held on January 21 & 22 at Booth 428.

Key Points: 
  • Timmins, Ontario--(Newsfile Corp. - January 19, 2024) - Emerald Geological Services ("EGS" or the "Company") will be presenting at the Vancouver Resource Investment Conference (VRIC), held on January 21 & 22 at Booth 428.
  • EGS will be featuring a selection of High-Grade field samples from the Company's 2021 - 2023 prospecting work on the Epworth Project located in Nunavut.
  • The EGS team will be on hand for details on these new discoveries, property geology and the district scale potential of the property.
  • Mineralization found to date is analogous to sediment-hosted stratiform Cu-(Ag)-(Co) (SSC) deposits (e.g.

B2Gold Announces Total Gold Production for Q4 2023 of 288,665 oz; Total Gold Production for 2023 of 1,061,060 oz, Achieving Upper Half of 2023 Guidance; 2024 Guidance, Preliminary 2025 Production Outlook and Gold Prepay Arrangement

Retrieved on: 
Wednesday, January 24, 2024
Gold, Life, AISC, Diamond, Steel, Mining Code, Antelope, A Funk Odyssey, Umwelt, Mining, Transport, Llama, Cardinal, KIA, Public expenditure, Investment, Acquisition, Building material, MLA, AngloGold Ashanti, TSF, Government, Mill, Kitikmeot Region, Otjikoto Lake, Del, Capital expenditure, WIR, News, Uranium mining

B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.

Key Points: 
  • B2Gold applies the equity method of accounting for its expected 15% ownership interest in Calibre effective January 24, 2024.
  • The contribution of this gold production from Fekola Regional is now assumed to start at the beginning of 2025.
  • Mining operations will commence upon receipt of an exploitation license, with gold production approximately three months after commencement.
  • Gold production is expected to be evenly weighted between the first half of 2024 and the second half of 2024.

Greenridge Exploration Announces Option Agreement to Acquire the Nut Lake Uranium Project with High Grade Historical Drilling

Retrieved on: 
Thursday, January 18, 2024
PB, Technical report, Agreement, See, Uranium, Fracture, CIM, Mineral, Heartbreak, GXP, Metal, VLF, Frost, CDN, Project, Calendar, Effective date, Anomaly, Geology, Dubawnt Lake, National instrument, Mineral Resources Limited, Uranium mining

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut. The Project covers 4,036 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin (See Figure 1).

Key Points: 
  • The Project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni1.
  • VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.
  • Russell Starr, Chief Executive Officer of the Company, commented, “The Nut Lake Project is a highly prospective project and a major step forward for the Company's development.
  • The project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni¹.