Canadian Mining Journal


  • NICKEL: Vale celebrates completion of $1B Clean AER project

    September 17, 2018 by Canadian Mining Journal

    SUDBURY, Ont. – On Sept. 14 Vale held a special celebration in this mining town to mark the end of its Clean AER (atmospheric emission reduction) project. The $1-billion undertaking was the largest single environmental investment in the town’s history.

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    Panoro to drill new zone at Cotabambas in Peru’s Apurimac region

    September 10, 2018 by Canadian Mining Journal

    Now that Peru has approved Panoro Minerals’ (TSXV: PML; US-OTC: POROF) request for an expanded environmental impact assessment at its Cotabambas copper project in southern Peru’s Apurimac region, the company can start drilling Cluster 2 — a target it’s spent two

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    COPPER: Baikal begins construction at Russia’s largest copper project

    September 6, 2018 by Canadian Mining Journal

    RUSSIA – Construction has begun at Udokan, the largest undeveloped copper project in Russia and  perhaps the third largest in the world. The owner, private company  Baikal Mining, has a target of 130,000 tonnes of copper annually for the initial

  • MERGER: Nevsun agrees to $1.8B takeover by Zijin Mining

    September 5, 2018 by Canadian Mining Journal

    VANCOUVER – Vancouver-based Nevsun Resources has agreed to a friendly takeover by Zijin Mining Group of Fujian, China. Zijin is offering an all-cash deal of C$6.00 per share for all the issued and outstanding shares of Nevsun, making the deal

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    COPPER: Teck seeking partner for Quebrada Blanca expansion

    August 30, 2018 by Canadian Mining Journal

    CHILE –Teck Resources of Vancouver is looking for a partner to share in the $4.8 billion phase two expansion at its Quebrada Blanca copper mine. Teck plans to offer up to 30% or 40% of the project to a partner

  • GOLD: Attempted robbery at Tahoe’s La Arena mine

    August 30, 2018 by Canadian Mining Journal

    PERU – These would-be thieves should get maybe a point for originality. In the end they caused a toxic spill and never did get any richer. Tahoe Resources operates the La Arena gold-copper mine in the northern part of the

  • GOLD-COPPER: Court decision allows Taseko to resume work at New Prosperity

    August 29, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Taseko Mines has successfully defended its First Nation consultation process. The Supreme Court of British Columbia Aug. 23, 2018, decision allowed the company to proceed with investigative work at its New Prosperity gold-copper project, located 125 km

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    COPPER: ML Gold drills 405 metres of 0.26% CuEq at Stars

    August 28, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based ML Gold is seeing stars – namely the copper variety – at its Stars project 60 km southwest of Houston. Hole 10 returned 405.4 metres that assayed 0.26% copper equivalent, including 189.0 metres of 0.33%, 24.4

  • Editorial: Gold, copper declines start to bite

    August 22, 2018 by Canadian Mining Journal

    The dog days of summer are upon us in North America, and this year for the mining industry the biggest dogs are gold and copper — the two leading precious and base metals, which have seen precipitous price drops in

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    GOLD-COPPER: ATAC tracks down high grade mineralization at Rau

    August 21, 2018 by Canadian Mining Journal

    YUKON – Vancouver-based ATAC Resources reports that it has discovered gold and copper skarn at the Bobcat target. Bobcat is within the Rau project at the western end of the Rackla gold property 55 km northeast of Keno City in

  • COPPER: Strike averted at Escondida

    August 16, 2018 by Canadian Mining Journal

    CHILE – BHP  has averted a strike at the world’s largest copper mine, Escondida. A deal has been struck between the operator and the union representing most of the workforce. The terms of the offer will now go to union

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    PRECIOUS METALS: San Dimas sale pushes Wheaton Q2 earnings to $318M

    August 15, 2018 by Canadian Mining Journal

    VANCOUVER – Wheaton Precious Metals reports that it had net earnings of $318 million (all U.S. dollars)  in Q2 2018, including the $246 million gain on the sale of the San Dimas silver stream. The company reported record gold production