Canadian Mining Journal


Gold


  • Feature

    Going After Deep Gold

    February 1, 2011 by Marilyn Scales

    The Red Lake Gold Camp has long been synonymous with bonanza grades. For more than 60 years the Campbell mine provided half-ounce head grades, making it the world’s richest gold mine. The focus has shifted to deeper deposits at the Red Lake…

  • News

    SALE: Inmet sheds 18% interest in Ok Tedi mine

    January 31, 2011 by Canadian Mining Journal Editor

    PAPUA NEW GUINEA – Inmet Mining of Toronto has sold its 18% interest in Ok Tedi copper-gold mine in the Star Mountains. Rather than trade its equity interest for a 5% net smelter royalty, Inmet has accepted a payment of US$335 from Ok Tedi…

  • News

    PUMPS: GIW slurry pump proves to be longest lasting

    January 27, 2011 by Canadian Mining Journal Editor

    PERU – GIW Industries of Grovetown, GA, has good news for operators in need of heavy duty centrifugal slurry pumps. The company and its local representative recently installed a 150 LCC 20(XH) cyclone feed pump at a gold mine in a remote region…

  • ABORIGINAL RELATIONS: Detour Gold, Moose Cree ink deal for Detour Lake project

    January 26, 2011 by Canadian Mining Journal Editor

    TORONTO – Detour Gold and Moose Cree First Nation (MCFN) have executed an agreement with respect to the development and operation of the company’s Detour Lake gold project in northeast Ontario. Ceremonial signings will take place the PDAC…

  • News

    EXPLORATION: Imperial Metals named BC’s top spender

    January 25, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Imperial Metals of Vancouver has been named British Columbia’s top mineral explorer in 2010. The mineral exploration industry spend $322 million in the province in 2010, and Imperial led the pack with expenditures of $32.6…

  • News

    CONTRACT: Cementation to sink Hoyle Pond winze

    January 25, 2011 by Canadian Mining Journal Editor

    ONTARIO – Cementation Canada of North Bay, ON, has started the new year off with a formal letter of acceptance from Goldcorp’s Porcupine Gold Mines (PGM) awarding Cementation the No.2 winze shaft sinking project at the Hoyle Pond gold mine…

  • News

    GOLD EXPLORATION: Marathon Gold, Mountain Lake form JV for Valentine Lake

    January 25, 2011 by Canadian Mining Journal Editor

    NEWFOUNDLAND – Marathon Gold of Toronto and Mountain Lake Resources of Vancouver have formed a 50:50 joint venture to advance the Valentine Lake gold project in the central part of the province. The partners plan to spend $6 million on a…

  • News

    GOLD RESOURCES: Numbers rise to 10-M oz at Courageous Lake

    January 25, 2011 by Canadian Mining Journal Editor

    NORTHWEST TERRITORIES – Measured and indicated resources are up significantly, average grade is improved, and the size of the Courageous Lake gold deposit is increased says 100%-owner Seabridge Gold of Toronto. The project is located 240 km…

  • News

    GOLD STUDY: Positive PEA prepared for Elk project, aka Siwash

    January 24, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Almaden Minerals of Vancouver says according to the preliminary economic assessment of its Elk (formerly Siwash) gold project near Merritt could pay for itself in less than two years. Using a US$1,000/oz gold price and a…

  • News

    GOLD PROCESSING: Rambler to toll mill East mine dump material

    January 19, 2011 by Canadian Mining Journal Editor

    NEWFOUNDLAND – Rambler Metals and Mining of Baie Verte, NL, and London, UK, has struck a deal to process surface material from the East mine dump at Tilt Cove. The Tilt Cove property belongs to Metals Creek Resources of Toronto. Metals Creek…

  • News

    PERSPECTIVE: Bonanza gold assays from Quebec and Ontario

    January 19, 2011 by Canadian Mining Journal Editor

    QUEBEC and ONTARIO – Ah, there is nothing like bonanza gold grades to bring a smile to this writer’s lips or the faces of CMJ readers. Here are two to ponder.

  • News

    MINING LEASE: First ever underwater lease granted to Nautilus

    January 18, 2011 by Canadian Mining Journal Editor

    PAPUA NEW GUINEA – The government of Papua New Guinea has granted the world’s first deep sea mining lease to Nautilus Minerals of Toronto for the development of its Solwara 1 project in the Bismarck Sea.