Canadian Mining Journal


Gold


  • News

    FEED STUDY: Fortune releases highlights of study for NICO project

    July 3, 2012 by Canadian Mining Journal Editor

    LONDON, Ontario – Fortune Minerals has released the highlights of the front end engineering and design study for its Nico gold-cobalt-bismuth-copper mine and mill near Yellowknife, YT, and a hydrometallurgical refinery, the Saskatchewan…

  • News

    MINERAL PROCESSING: Gold milling resumes at Rice Lake complex

    July 3, 2012 by Canadian Mining Journal Editor

    MANITOBA – Milling operations resumed on July 1, 2012, at Winnipeg-based San Gold Corp.’s Rice Lake mining complex. Mineral processing was suspended in early June after the ball mill pinion unexpectedly failed. Mining…

  • McEwen doubles resource at Los Azules

    July 3, 2012 by Canadian Mining Journal Editor

    Indicated resources have more than doubled to 4.6 billion pounds of lb at McEwen Mining’s Los Azules project in Argentina, while inferred resources have jumped 4% to 10.8 billion lb of copper.

  • News

    FINANCING: Loan puts Appalaches’ Dufferin mine closer to reopening

    June 28, 2012 by Canadian Mining Journal Editor

    NOVA SCOTIA –The Global Resource Fund of Renvest Mercantile Bancorp has agreed to loan Ressources Appalaches of Rimouski, QC, US$8.5 million for capital expenditures associated with reopening the Dufferin gold mine near Port Dufferin. The…

  • News

    GOLD MINING: Kirkland Lake raises $50M for expansion

    June 28, 2012 by Canadian Mining Journal Editor

    ONTARIO – Kirkland Lake Gold, headquartered in the town of the same name, is raising $50 million with which to expand its gold mining operations. The underwriters, led by Dundee Securities, have agreed to purchse 50,000 convertible…

  • News

    GOLD MINING: Kyrgyz government review of Kumtor puts Centerra on edge

    June 27, 2012 by Canadian Mining Journal Editor

    KYRGYZSTAN – A parliamentary review of the Kumtor gold mine belonging to Centerra Gold of Toronto has the company defending its position and taking a hit on the stock price earlier this week.

  • News

    GOLD EXPLORATION: Agnico makes new discovery at Meliadine

    June 26, 2012 by Canadian Mining Journal Editor

    NUNAVUT – Toronto’s Agnico-Eagle Mines has discovered a new zone of gold mineralization at tis Meliadine project 28 km northwest of Rankin Inlet. The Normeg zone lies on the west end of the Wesmeg deposit. Drilling returned assays…

  • News

    IamGold to sell Quimsacocha

    June 25, 2012 by Canadian Mining Journal Editor

    Shares of INV Metals surged 46% to 16¢ on news the Toronto-based company plans to acquire the Quimsacocha gold project in Ecuador from IamGold in a move INV hopes will take it from a junior exploration company to an advanced stage…

  • News

    ENVIRONMENT: Bonanza Ledge mining okayed

    June 21, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Barkerville Gold Mines of Vancouver has received all necessary approvals to begin preparations for mining and milling at the Bonanza Ledge mine near Wells and QR mill near Quesnel. On June 12, 2012, the amended permit…

  • News

    FINANCING: Auriga Gold signs US$23M term sheet for Maverick project

    June 21, 2012 by Canadian Mining Journal Editor

    MANITOBA – Auriga Gold Corp. of Toronto has entered into a non-binding term sheet with a private, institutional investor with regard to a US$23-million gold prepay agreement. The money will be used to refurbish and develop the Puffy mine…

  • News

    MINERAL PROCESSING: McIlvenna Bay copper-gold tests positive

    June 20, 2012 by Canadian Mining Journal Editor

    SASKATCHEWAN – Foran Mining Corp. of Vancouver says metallurgical tests of material from its McIlvenna Bay volcanogenic massive sulphide deposit are positive. The tests were performed on a composite sample from the three main styles of…

  • News

    GOLD EXPLORATION: Drilling continues to expand portage zone at Gold Canyon’s Springpole project

    June 20, 2012 by Canadian Mining Journal Editor

    ONTARIO – Vancouver-based Gold Canyon Resources reports good assays from its Springpole gold project 110 km northeast of the Red Lake Mining Camp. Notable assays were received from both the Portage and Main zones.