Canadian Mining Journal


News


  • NICKEL: Vale suspends Coleman mine over safety concerns

    November 13, 2017 by Canadian Mining Journal

    ONTARIO – Vale Canada announced late last week that it is suspending operations at its Coleman nickel mine in Levack due to concerns about safety. The move will allow the company to expedite repairs to the shaft ventilation system at

  • NICKEL: Ambatovy JV restructured, Sherritt cuts debt

    November 13, 2017 by Canadian Mining Journal

    MADAGASCAR – Toronto-based Sherritt International and its partners Sumitomo Corp. and Korea Resources Corp. have restructured the Ambatovy nickel joint venture. Sherritt has shed a 28% interest in the project, retaining only a 12% ownership interest. By reducing its share

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    DRILLING: Boart Longyear XQ rods offer next generation toughness

    November 13, 2017 by Canadian Mining Journal

    SALT LAKE CITY, Utah – The high rotation speeds of diamond drilling add dynamic loads to the joints of thin walled drill rods, which are already highly stressed supporting drilling loads. Drill rod joints need to maintain their strength by

  • New Nadina gains 1600% on high grade intercept

    November 13, 2017 by Canadian Mining Journal

    VANCOUVER — New Nadina Explorations (TSXV: NNA) is the latest contender to join the ranks of junior explorers with surging market valuations such as Novo Resources (TSXV: NVO; USOTC: NSRPF), Metallis Resources (TSXV: MTS) and Garibaldi Resources (TSXV: GGI; US-OTC: GGIFF). Shares of New Nadina skyrocketed 1,600% to

  • URANIUM: Cameco to suspend McArthur River and Key Lake operations

    November 9, 2017 by Canadian Mining Journal

    SASKATCHEWAN – Cameco Corp., one of the world’s foremost uranium producers, says continued price weakness is forcing it to suspend operations at the McArthur River mine and Key Lake mill. The suspension will begin by the end of January 2018

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    GOLD: Sage pours first doré bar from Clavos mine

    November 9, 2017 by Canadian Mining Journal

    ONTARIO – Sage Gold of Toronto says the first doré bar has been poured using the first bulk sample material from the Clavos gold mine 45 km northeast of Timmins. The ore was treated at the Stock mill owned by

  • COBALT-GOLD: Fortune mulls 20-30% bump in NICO output

    November 9, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is considering a 20% to 30% increase in the output from its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The 2014 feasibility study will be updated to an annual production of

  • GOLD-ZINC: Osisko invests $65M in Aquila

    November 9, 2017 by Canadian Mining Journal

    TORONTO – Osisko Gold Royalties of Montreal is making an investment worth US$65 million in Aquila Resources that owns the Back Forty gold-zinc development stage project in Michigan’s Upper Peninsula. Osisko has agreed to acquire approximately 49.2 million units of

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    SIZERS: Major rebrand to ALLU Transformer

    November 9, 2017 by Canadian Mining Journal

    FINLAND – A major rebrand of ALLU – the development of the ALLU Transformer brand and strategy – has helped deliver impressive results for the Finnish based engineering company. In 2016 ALLU, the world leading manufacturer of material processing attachments

  • Broadway eyes porphyry discovery in Montana

    November 9, 2017 by Canadian Mining Journal

    VANCOUVER — Broadway Gold Mining (TSXV: BRD; US-OTC: BDWYF) is big-game hunting at its Madison gold-copper property in the historic Butte-Anaconda mining district around 38 km due southeast of Butte, Montana. The company picked up the 8-km2 project package – which includes

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    GOLD: Argonaut tables positive feasibility study for Magino

    November 8, 2017 by Canadian Mining Journal

    ONTARIO – Toronto-based Argonaut Gold says the feasibility study for its 100% owned Magino gold project with total production of nearly 2 million oz. of gold looks promising. The project is located 40 km northeast of Wawa. The study examines

  • COBALT-NICKEL: UEX makes foray into new age metals

    November 8, 2017 by Canadian Mining Journal

    SASKATCHEWAN – In a departure from its usual focus on uranium, UEX Corporation of Vancouver is re-evaluating its 100% owned West Bear cobalt-nickel prospect at the Hidden Bay uranium project in the eastern Athabasca Basin.  The cobalt-nickel potential of the