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First Use in Toronto: Bauer BG 46 demonstrates top Performance

The Canadian Bauer Maschinen client Deep Foundations Contractors Inc. is carrying out the foundation work for the Parkside Square project in Toronto and in order to install the 28 m deep secant pile wall and 20 m deep single piles has opted for the latest equipment technology from Bauer: the Bauer BG 46, the most powerful rotary drilling rig currently on the market.

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Turquoise Hill announces Retirement of CFO

Turquoise Hill Resources announced the retirement of the Company’s Chief Financial Officer Steeve Thibeault effective May 23, 2017. Turquoise Hill is in the process of initiating a search for Mr. Thibeault’s successor. An announcement will be made in due course.

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Ivanhoe Mines’ Geologists receive the 2016 Colin Spence Award in global Mineral Exploration for the Flatreef Discovery in South Africa

Robert Friedland, Executive Chairman of Ivanhoe Mines (TSX: IVN, OTCQX: IVPAF), and Lars-Eric Johansson, Chief Executive Officer,  congratulated Sello Kekana and Dr. David Broughton, two key members of the Ivanhoe Mines exploration team, who have received the prestigious 2016 Colin Spence Award for excellence in global mineral exploration from the Association for Mineral Exploration British Columbia (AME BC).

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Hecla Completes Acquisition of Mines Management, Inc.

Hecla Mining Company (NYSE:HL) announced that its acquisition of Mines Management, Inc. (Mines Management) is complete. The acquisition includes the Montanore Project, a large undeveloped silver and gold project in Montana for which the final Environmental Impact Statement and Records of Decision were issued earlier this year. Montanore will remain owned by Mines Management, which is now a wholly owned subsidiary of Hecla.

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Canada’s newest Diamond Mine to provide CAN$6.7 Billion Boost to Economy

Gahcho Kué, the world’s largest new diamond mine under construction, will provide a C$6.7 billion boost to the Canadian economy according to a report published today by EY for The De Beers Group of Companies.

The new mine, located in the Northwest Territories (NWT), is a joint venture between De Beers Canada (51 per cent) and Mountain Province Diamonds (49 per cent). Set to open officially later this month, it is expected to produce approximately 54 million carats of rough diamonds over its lifetime, reinforcing Canada’s position as the world’s third largest diamond producer by value.

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Hatch-Zhongshe Joint Venture to target environmental Challenges in China

Canadian Prime Minister Justin Trudeau attended a commercial signing ceremony in Shanghai in China which marked the formal establishment of a new joint venture between Hatch and the Zhongshe Baiqi Joint Investment Development Co. Ltd. The newly-formed Hatch Beijing Environment & Technology Co. Ltd. (HBET) will focus on providing solutions to some of the most serious environmental issues facing China today.

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