Canadian Mining Journal


  • COPPER: Copper Mountain bids US$70M for Altona Mining

    November 21, 2017 by Canadian Mining Journal

    VANCOUVER — Copper Mountain Mining has tabled a US$70-million, all-share bid for Australia-based Altona Mining and its district-scale Cloncurry copper-gold property 95 km northeast of Mount Isa in Queensland, Australia. The company reported on Nov. 19 that it is offering Altona shareholders 0.0974 of a

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    GOLD-COPPER: RNC likes high grades from Qiqavik property

    November 15, 2017 by Canadian Mining Journal

    QUEBEC – RNC Minerals reports that the assays from the Qiqavik project show the association of high grade gold and copper mineralization in the Esperance West zone. The operator of the project is RNC’s 55% owned subsidiary, Orford Mining Corp.

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    GOLD-COPPER: StrikePoint outlines regional trend at PDM property

    November 14, 2017 by Canadian Mining Journal

    YUKON – Vancouver’s StrikePoint Gold has outlined what it calls a new regional scale structural trend that links the PDM, Golden-Oly and Nordic properties. The company is calling it the “Seven Wonders Trend”, and it stretches over 78 km. Samples

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    COPPER-GOLD: Altiplano begins development, bulk sampling at former Farellon mine

    November 14, 2017 by Canadian Mining Journal

    CHILE – Altiplano Minerals of Edmonton, Alta., and joint venture partner with Comet Exploration have advanced plans at the historic Farellon copper-gold mine near the town of La Serena. The project is located in the coastal iron-ore-copper-gold belt that hosts

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    NICKEL: Vale suspends Coleman mine over safety concerns

    November 13, 2017 by Canadian Mining Journal

    ONTARIO – Vale Canada announced late last week that it is suspending operations at its Coleman nickel mine in Levack due to concerns about safety. The move will allow the company to expedite repairs to the shaft ventilation system at

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    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

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    Broadway eyes porphyry discovery in Montana

    November 9, 2017 by Canadian Mining Journal

    VANCOUVER — Broadway Gold Mining (TSXV: BRD; US-OTC: BDWYF) is big-game hunting at its Madison gold-copper property in the historic Butte-Anaconda mining district around 38 km due southeast of Butte, Montana. The company picked up the 8-km2 project package – which includes

  • GOLD-COPPER: Centerra offers $310M for AuRico and its Kemess project

    November 7, 2017 by Canadian Mining Journal

    TORONTO – Centerra Gold and AuRico Metals are planning a friendly amalgamation of their businesses. Centerra will acquire all of the issued and outstanding shares of AuRico for $1.80 per share, representing a transaction value of $310 million. The price

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    MDRU, Fathom Geophysics target central BC

    November 1, 2017 by Canadian Mining Journal

    VANCOUVER — The University of British Columbia’s Mineral Deposit Research Unit (MDRU) and consulting firm Fathom Geophysics may have identified the regional structural framework partly responsible for silver-gold-copper mineralization in central B.C.’s underexplored Interior Plateau region. MDRU and Fathom’s work

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    GOLD: Orford drills multiple high grade intersections at Qiqavik

    October 26, 2017 by Canadian Mining Journal

    QUEBEC – Toronto-based Orford Mining Corp. (formerly Focused Capital) says it has drilled multiple high grade intersections – up to 13.7 g/t gold – at the Qiqavik project in Nunavik, 70 km south of the village of Salluit on the

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    COPPER-NICKEL: Northern Shield reports drill results from Huckleberry property

    October 23, 2017 by Canadian Mining Journal

    QUEBEC – Northern Shield Resources of Ottawa says it has received most of the assays from the 2017 drilling and surface sampling program at the Huckleberry copper-nickel-PGM property in the south Labrador Trough. Based on results to date, the company’s

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    GOLD: Acacia, Tanzanian government reach 50:50 deal

    October 19, 2017 by Canadian Mining Journal

    TANZANIA – Acacia Mining of London, U.K. and the Tanzanian government have reached a deal whereby they will share the benefits from Acacia’s operations on a 50:50 basis going forward. Acacia is 63.9% owned by Toronto’s Barrick Gold. Acacia has