Canadian Mining Journal


  • News

    COBALT: Orefinders acquires Mann project, plans battery metals spinout

    January 30, 2018 by Canadian Mining Journal

    ONTARIO – Toronto-based Orefinders Resources recently acquired sole ownership of the Mann cobalt-silver property in the Cobalt-Gowganda District. The land has nine historic shafts and a ramp driven to the 65-metre level. The Mann mine and its neighbours produced an

  • News

    COBALT: First Cobalt completes first phase of muck pile sampling program

    January 30, 2018 by Canadian Mining Journal

    ONTARIO – First Cobalt Corp. of Toronto says it has completed the initial phase of muck pile sampling at its properties in the Cobalt camp. Over 400 samples were collected from two different geological settings – in  the north near

  • COBALT: Sherritt links warrants to cobalt price, raises $115M

    January 17, 2018 by Canadian Mining Journal

    TORONTO – Sherritt International is raising C$115 million through the sale of shares and share purchase warrants. The proceeds will be used to reduce debt, for general corporate purposes and to fund future growth. The company will issue 82.1 million

  • News

    COBALT: First Cobalt outlines $7M exploration program for 2018

    January 16, 2018 by Canadian Mining Journal

    ONTARIO – First Cobalt of Toronto has set aside $7 million for its 2018 exploration program on its Cobalt Camp properties in Northern Ontario. Thirteen targets – 10 of which are near historic mines – will receive 26,000 metres of

  • News

    COBALT: Dundee begins pilot tests for eCobalt’s Idaho cobalt project

    January 11, 2018 by Canadian Mining Journal

    QUEBEC – Dundee Sustainable Technologies has begun pilot tests on a three-tonne bulk sample from the Idaho cobalt project (ICP) 40 km west of Salmon. Owner eCobalt Solutions of Vancouver has taken the project to the advanced exploration stage. The

  • COBALT: Private placement to raise $25M+ for First Cobalt

    December 11, 2017 by Canadian Mining Journal

    TORONTO – First Cobalt Corp. has arranged a bought deal private placement of flow-through and common share units. Each unit will consist of one share and one-half a share purchase warrant. The company will issue 4.7 million flow-through units at

  • News

    BASE METALS: Lundin offers plans for next three years

    November 30, 2017 by Canadian Mining Journal

    TORONTO – Lundin Mining Corp. has provided new production guidance for the three-year period beginning in 2018. In 2020, the company expects to be producing as much as 201,000 tonnes of copper, 244,000 tonnes of zinc, and 16,000 tonnes of

  • M&A: Cobalt One Overwhelmingly Approves Merger with First Cobalt

    November 20, 2017 by Canadian Mining Journal

    TORONTO – First Cobalt Corp. is pleased to announce Cobalt One Ltd. shareholders have approved the merger with First Cobalt, with 99.995% of votes cast in favour. Trent Mell, President & Chief Executive Officer, commented: “We are one step closer to

  • News

    NICKEL: Ambatovy JV restructured, Sherritt cuts debt

    November 13, 2017 by Canadian Mining Journal

    MADAGASCAR – Toronto-based Sherritt International and its partners Sumitomo Corp. and Korea Resources Corp. have restructured the Ambatovy nickel joint venture. Sherritt has shed a 28% interest in the project, retaining only a 12% ownership interest. By reducing its share

  • News

    COBALT-GOLD: Fortune mulls 20-30% bump in NICO output

    November 9, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is considering a 20% to 30% increase in the output from its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The 2014 feasibility study will be updated to an annual production of

  • News

    COBALT-NICKEL: UEX makes foray into new age metals

    November 8, 2017 by Canadian Mining Journal

    SASKATCHEWAN – In a departure from its usual focus on uranium, UEX Corporation of Vancouver is re-evaluating its 100% owned West Bear cobalt-nickel prospect at the Hidden Bay uranium project in the eastern Athabasca Basin.  The cobalt-nickel potential of the

  • News

    GOLD-COBALT: Granada, Castle Silver ink agreement to share mill

    November 1, 2017 by Canadian Mining Journal

    ONTARIO and QUEBEC – Castle Silver Resources and Granada Gold Mine have signed a provisional deal to share that would see gold ore from the Granada mine in Rouyn-Noranda, Que., treated at the historic Castle Silver mill 85 km northwest