News
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GOLD: Iamgold steps out Monster Lake zones at Quebec JV
QUEBEC – Iamgold has reported the results of six drill holes completed at its 75% owned Monster Lake joint venture project, which is located 50 km southwest of Chibougamau. These latest holes were drilled to the northeast and along strike…
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GOLD: Osisko Royalties grows Canadian precious metals portfolio
QUEBEC – Osisko Gold Royalties has entered into a definitive agreement with Quebec’s Caisse de depot et placement to acquire an outstanding 15% interest in a portfolio of Canadian precious metals royalties for $12.5 million, funded by cash on hand.…
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MINING PEOPLE: Canada Silver Cobalt, GoldMining, Ivanhoe, Shandong, US Gold
Management appointments announced this week include: Clean Air Metals has named Allan MacTavish as VP and project manager for the company’s Thunder Bay North project. Robert Winton has joined Excelsior Mining as general manager and senior VP of the Gunnison…
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BLASTING: Maxam launches X-Energy for customized blast design
SPAIN – Maxam, a company focused on energetic materials, has announced the launch of X-Energy, an industry-first, integrated blasting service, which uses selective energy application in a fully digitalized mine cycle. It combines advanced explosives technology (Maxam’s Smart Rioflex) with a…
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Hudbay posts US$51.9M loss on Constancia suspension
Canadian miner Hudbay Minerals (TSX: HBM, NYSE: HBM) posted a US$51.9 million loss in the second quarter, as an eight-week suspension of its Constancia copper mine in Peru weighed on results. The Toronto-based company revised down its production targets for its Peruvian operations…
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The Northern Miner Podcast – episode 199: Senior reporter Carl A. Williams on Laurentian University’s Metal Earth research program
This week’s episode features an interview with Northern Miner senior reporter Carl A. Williams about the $104-million Metal Earth research and development program led by the Mineral Exploration Research Centre (MERC) at Laurentian University. Carl describes the science behind the initiative as…
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GOLD: US Gold adds Idaho project to portfolio, shares up
IDAHO – US Gold is adding a new exploration project to its portfolio through its acquisition of Northern Panther Resource Corporation, which holds the Challis gold project in Idaho. US Gold is currently focused on developing the advanced-stage Copper King project in Wyoming…
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GOLD: Wesdome produces 25,142 oz. in Q2, on track to meet guidance
TORONTO – Wesdome Gold Mines’ Eagle River complex in Ontario churned out 25,142 oz. in the second quarter at all-in sustaining costs (AISCs) of US$879 per oz. According to the company, based on 50,264 oz. generated from the asset in…
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GOLD: Roscan drills 46.5 metres of 6.15 g/t gold, expands target in Mali
MALI – Roscan Gold has reported drill results from 20 holes completed at the Mankouke South target within the company’s 254-sq.-km Kandiole project in West Africa; the latest results extend this zone of mineralization to the north. Diamond drill highlights…
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ZINC-LEAD-SILVER: Fireweed Zinc consolidates Macmillan Pass
YUKON – Fireweed Zinc is accelerating the exercise of three property option agreements to hold a 100% stake in the 544-sq.-km Macmillan Pass project, 400 km east of Whitehorse – the company has signed amended option agreements to speed up…
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SCREENING: Haver & Boecker offers Tyler engineered modular media
ST. CATHARINES – Haver & Boecker Niagara now offers Tyler engineered modular media, to provide customers with the best combination of open area and wear life in both wet and dry applications with easy installation. The company’s modular screen media offerings…
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ON THE MOVE: Mining management and board changes
The August edition of our On the Move newsletter is now available. The monthly publication tracks management and board appointments across Canada’s mining and mineral exploration industry. To view a copy of the newsletter, visit www.CanadianMiningJournal.com and scroll down along the right-hand side or click…
