Daily News

PDAC: How payment transparency helps gain a social licence to operate

Corporate social responsibility is front-and-centre at this year's Prospectors and Developers of Canada meeting. One not to be missed session about the ideas that will shape the future of CSR will be held Monday, March 2 from 3:30 to 5:00 pm in...
Feb 26, 2015 4:25PM

PALLADIUM: NAP looks to expand pit, lengthen life of Lac-des-Iles

ONTARIO – North American Palladium of Toronto has completed a preliminary economic assessment aimed at extending the life of its Lac des Iles (LDI) palladium mine 85 km northwest of Thunder Bay. The base case, including current operations...
Feb 26, 2015 4:23PM

GOLD: Anaconda drilling at Pine Cove increases potential

NEWFOUNDLAND – Toronto-based Anaconda Mining recently concluded a 10 hole program at its Pine Cove gold mine near Baie Verte and accomplished three things: 1) find additional resources to extend the life of the open pit; 2) reduce the...
Feb 26, 2015 4:21PM

DRILLING: Boart Longyear hits large diameter target at Wyoming coal mine

SALT LAKE CITY, Utah – A Boart Longyear drilling team rose to the challenge as it bore down into the earth to create a ventilation shaft for an underground longwall coal mine in Southwest Wyoming.
Feb 26, 2015 4:19PM

OFF-ROAD WASH: MobyDick system removes dirt in minutes

SWITZERLAND – Raw materials have been extracted from Rio Tinto's Boron mine (the world’s largest borax mine) in California for almost 100 years. Because management was increasingly faced with the problem of the extreme dirt on...
Feb 26, 2015 4:15PM

MINING PEOPLE: AEMERA, Aumund Fordertechnik, Pan American Silver, and St Andrew Goldfields

The Alberta Environmental Monitoring, Evaluation and Reporting Agency (AEMERA) of Edmonton has invited six international recognized experts to create a science advisory panel. They are Dr. Jill Baron (chair), Dr. John Giesy, Dr. Joanne...
Feb 26, 2015 4:13PM

Otterburn's K92 picks up Barrick's Kainantu mine

Measures taken by Barrick Gold (TSX: ABX; NYSE: ABX) to divest non-core assets, chip away at debt and focus on five cornerstone mines in the Americas are benefiting juniors like Otterburn Resources (TSXV: OBN).
Feb 26, 2015 4:11PM

M&A OUTLOOK: PwC reviews 2014, sees tough times ahead

TORONTO – Pricewaterhouse Coopers has published its annual look at mergers and acquisitions among metals producers, "Metals Deals: Forging Ahead 2015 outlook and 2014 review." Not surprisingly the report finds that the total deal value in...
Feb 25, 2015 4:16PM

DIAMONDS: Peregrine updates CH-6 kimberlite inferred resource

NUNAVUT – Peregrine Diamonds of Vancouver has filed an updated 43-101 report for its Chidliak and adjacent Qilaq diamond projects 120 km northeast of Iqaluit. The report supports a 15% increase of the inferred resource of the CH-6...
Feb 25, 2015 4:15PM

COPPER-ZINC: Puma drills 10.1% Zn in new VMS system

NEW BRUNSWICK – Drilling done last year by Puma Exploration of Rimouski, QC, has intersected a high grade zinc lens at its Turgeon volcanogenic massive sulphide project in the northern part of the province.
Feb 25, 2015 4:13PM

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