Canadian Mining Journal


  • News

    COPPER-ZINC: Champion Iron hunts high grade zones at Powderhorn

    March 20, 2019 by Canadian Mining Journal

    NEWFOUNDLAND – Montreal-based Champion Iron has excellent results from its 9,350-metre drill program last fall on its Powderhorn property located in north-central Newfoundland, 40 km southwest of Springdale. The results come from both a copper rich and a zinc rich

  • News

    ZINC-LEAD-COPPER: Kinross takes 9.7% stake in Wolfden

    March 19, 2019 by Northern Miner Staff

    TORONTO and THUNDER BAY, Ont. – Kinross Gold has acquired 12.5 million shares at $0.20 a share of Wolfden Resources for a $2.5 million investment for a 9.7% stake in the junior exploration company. The two companies will form of a committee to

  • News

    COPPER: Anglo American floats solar farm on tailings at Los Bronces

    March 18, 2019 by Canadian Mining Journal

    CHILE – Anglo American has installed 256 photovoltaic panels that float on the tailings containment pond at its Los Bronces complex. This pilot project is expected to generate 150 MWh/year from 256 photovoltaic cells. The mine is located 65 km

  • News

    COPPER: Hudbay buys out Rosemont partner for US$75M

    March 13, 2019 by Canadian Mining Journal

    ARIZONA – Toronto’s Hudbay Minerals has reached an agreement with United Copper and Moly to buy out UCM’s 7.95% interest in the Rosemont copper project 50 km southeast of Tucson. The purchase includes termination of all UCM’s remaining earn-in and

  • News

    COPPER: PowerOre talks potential of the past producing Opemiska complex

    March 12, 2019 by Canadian Mining Journal

    QUEBEC – PowerOre  of Toronto has spent the winter poring over historical drill results and creating a 3D model of the past producing Springer and Perry copper mines. The geologists identified a number of wide – 20 metres or longer

  • News

    GOLD-COPPER: Seabridge boosts resource at Iron Cap

    March 12, 2019 by Northern Miner Staff

    BRITISH COLUMBIA – Seabridge Gold has tabled an updated resource estimate for its Iron Cap gold-copper porphyry project that increases the project’s indicated resource by 460,000 oz. of gold and 177 million lb. of copper. It also boosts the project’s inferred

  • News

    EDITORIAL: Barrick, Newmont settle on Nevada JV

    March 11, 2019 by Marilyn Scales

    Much has been speculated about mergers among gold producers since Barrick Gold announced the takeover of Randgold Resources last September. The $6-billion Barrick-Randgold deal came together without a  hitch and was finalized on Jan. 2, 2019, making Barrick once again

  • News

    COPPER-GOLD: Goldcorp, Yamana, Glencore to pool assets in Argentina

    March 11, 2019 by Canadian Mining Journal

    ARGENTINA – Vancouver’s Goldcorp, Toronto’s Yamana Gold and Glencore International of Switzerland have struck a deal to develop and operate the Agua Rica copper project using the infrastructure of Minera Alumbrera in the Catamarca province. The partners expect to realize

  • News

    COPPER: Crystal Lake makes discovery at Newmont Lake

    March 11, 2019 by Northern Miner Staff

    BRITISH COLUMBIA – Crystal Lake Mining’s maiden drill program has uncovered a new copper discovery consisting of more than 20 mineralized zones at its 430-km2 Newmont Lake project northwest of Eskay Creek in B.C.’s Golden Triangle. Last fall the company

  • News

    NICKEL-COPPER-COBALT: Murchison buys out Pure Nickel for 100% of HMP project

    March 7, 2019 by MINING.COM Staff

    QUEBEC – Murchison Minerals announced this week that it is now the sole owner of the HPM nickel-copper-cobalt project in Quebec, following its acquisition of Pure Nickel‘s 50% interest in the project. To be able to complete the transaction, Murchison

  • News

    EXPLORATION: The Americas, West Africa and Australasia remain popular

    March 5, 2019 by Northern Miner Staff

    While gold miners have been making substantial profits in recent quarters thanks to rising gold prices and better operational and financial discipline, they continue to seek new ounces via the drill bit to fill their production pipeline. Below is look

  • News

    Katanga Q4 loss on suspended cobalt sales, higher costs

    February 28, 2019 by Canadian Mining Journal

    Katanga Mining (TSX: KAT; US-OTC: KATFF) lost $116 million in 2018’s fourth quarter to end the year with $13.4 million in gross profit, a result of temporary cobalt sale suspensions, higher reagent costs at its Luilu metallurgical plant and increased mine