Canadian Mining Journal


News


  • BUDGET: MABC weighs in on provincial budget’s carbon tax mitigation

    February 21, 2018 by Canadian Mining Journal

    VICTORIA, B.C. – The British Columbia government delivered its 2018 budget on Feb. 20, and now the Mining Association of British Columbia takes a look at measures to mitigate the higher costs associated with the carbon tax. For the past

  • News

    GOLD: Barkerville cuts 24 g/t over 6.6 metres at Shaft zone

    February 21, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Barkerville Gold Mines of Toronto has released additional drilling results from the 2017 phase two Island Mountain program in the Cariboo division, and they are promising. The company is delineating the Shaft zone with seven rigs. Highlights

  • COPPER: Southern Copper wins $2B Michiquillay property

    February 21, 2018 by Canadian Mining Journal

    PERU – Southern Copper Corp., part of Grupo Mexico, is the winning bidder for the massive Michiquillay copper property in Cajamarca. The auction was held by Proinversion, the Peruvian investment agency. Southern Copper’s bid was US$400 million and a 3%

  • News

    EDUCATION: CSM launches masters in mining engineering and management

    February 21, 2018 by Canadian Mining Journal

    GOLDEN, Colo. – The Mining Engineering Department at Colorado School of Mines has received approval from the Board of Trustees to launch an innovative new graduate degree program. The Professional Masters in Mining Engineering and Management is an advanced degree

  • Teck posts record 2017 revenue and cash flow

    February 21, 2018 by Canadian Mining Journal

    Favourable commodity prices and a focus on cost control last year drove revenue and cash flow from Teck Resources‘ (TSX: TECK.B; NYSE: TECK) operations into record territory. The company reported revenue of $12.1 billion, up from $9.3 billion in 2016, along

  • News

    GOLD: New shaft for Agnico’s Kittila mine in Finland

    February 20, 2018 by Canadian Mining Journal

    FINLAND – Agnico Eagle’s board of directors has approved adding a 1,044-metre-deep shaft at its Kittila gold mine. At the same time, milling capacity will be boosted 25% to 30%, increasing annual production to 250,000 oz. of gold by 2021.

  • GOLD: Parsons wins cleanup contract for Giant mine

    February 20, 2018 by Canadian Mining Journal

    NORTHWEST TERRITORIES – The government of Canada has awarded the main construction management contract for the clean-up of the Giant gold mine in Yellowknife to Parsons Inc. Parsons will complete the required work over two phases. First, the company will

  • News

    GOLD: Rubicon releases remaining 2017 drill results

    February 20, 2018 by Canadian Mining Journal

    ONTARIO – Rubicon Minerals Corp. of Toronto has released the remainder of the 2017 drilling results from the Phoenix gold project in the Red Lake district. Of particular interest was the area below the historic McFinley gold deposit, what Rubicon

  • COBALT: Castle Silver adopts new name – Canada Cobalt Works

    February 20, 2018 by Canadian Mining Journal

    COQUITLAM, B.C.  – Castle Silver Resources’ shareholders have approved (99.97% in favour) a name change to Canada Cobalt Works Inc. The change is subject to TSE Venture exchange approval. The new name reflects the company’s interest in the past producing

  • News

    DRILLS: Boart Longyear brings new rigs to PDAC

    February 20, 2018 by Canadian Mining Journal

    SALT LAKE CITY – Boart Longyear is bringing its newest drilling products and services to the Prospectors and Developers Association of Canada annual trade show from March 5 to 7, 2018, in Toronto. This year’s showcase includes: TruScan Innovative Core

  • Avalon advances Separation Rapids lithium project

    February 20, 2018 by Canadian Mining Journal

    Avalon Advanced Materials (TSX: AVL; US-OTC: AVLNF) has begun a new drill campaign at its 100% owned Separation Rapids lithium project, 70 km by road from Kenora, Ont. It aims to drill seven holes totaling 1,500 metres in an attempt to

  • COPPER-GOLD: Capstone agrees to sell Minto mine to Pembridge Resources

    February 15, 2018 by Canadian Mining Journal

    YUKON – Vancouver-based Capstone Mining has agreed to sell its Minto copper-gold mine 240 km northwest of Whitehorse to Pembridge Resources plc of London, U.K. Capstone started production at the mine in 2007. Pembridge will pay US$37.5 million in cash