Canadian Mining Journal


  • News

    GOLD: Endeavour Mining launches $125M bought deal

    June 22, 2016 by Canadian Mining Journal

    PARIS – Endeavour Mining has entered into a bought deal that will raise $125 million with a syndicate of underwriters led by BMO Capital Markets. The underwriters have agreed to buy 6.25 million common shares at a price of $20.00

  • News

    GOLD: Teranga wins UN sustainability award

    June 21, 2016 by Canadian Mining Journal

    SENEGAL – Teranga Gold Corp. of Toronto has been named a Canadian Sustainable Development Goal award winner through public voting by the United Nations Global Compact Network Canada. The award recognizes the company’s efforts in advancing the United Nations 17

  • LABOUR: Kinross announces end of strike at Tasiast Mine

    June 13, 2016 by Canadian Mining Journal

    Kinross Gold Corporation has announced that the strike by unionized employees at its Tasiast mine in Mauritanian (that began on May 24, 2016) has ended. Striking employees began returning to work on June 11, 2016 and negotiations with the staff

  • News

    GOLD: Canadians own half of world’s 10 largest gold mines

    June 2, 2016 by Canadian Mining Journal

    The list of the world’s 10 largest gold mines is making the rounds. In 2015 they produced almost 10.6 million oz of the yellow metal or 329.6 tonnes of it (if imaging 330 tonnes of anything is possible). That was

  • News

    WILDFIRES: South Africans to the rescue of Alberta firefighters

    May 30, 2016 by Canadian Mining Journal

    EDMONTON – Last Sunday, 281 South African firefighters touched down in Edmonton on their way to relieve the tired crews that have been working the northern Alberta fires near Fort McMurray since May 2. The team members came from several

  • News

    Freeport to sell Tenke stake for US$2.7B

    May 12, 2016 by Canadian Mining Journal

    VANCOUVER — Freeport-McMoRan (NYSE: FCX) has been working to reduce its sky-high debt loads, and on May 9 it made the deepest cut to date. The company has agreed to sell its 56% stake in the US$3-billion Tenke Fungurume copper-cobalt mine in

  • News

    DIAMONDS: Lucara sells 813-ct stone for US$63M, highest price ever

    May 10, 2016 by Canadian Mining Journal

    VANCOUVER – Lucara Diamond Corp. has sold a 813-carat rough diamond from its Karowe mine in Botswana for US$63.11 million or US$77,649 per carat. This is the highest price ever paid for a rough stone. The diamond has been named

  • News

    ZINC-COPPER: PEA positive for Ivanhoe’s Kipushi redevelopment

    May 2, 2016 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Vancouver-headquartered Ivanhoe Mines has received the preliminary economic assessment for its redevelopment of the high grade Kipushi zinc-copper mine 30 km southwest of Lubumbashi. The PEA covers an underground mine, producing an average of 530,000

  • News

    Roxgold reports maiden resource on Bagassi South’s QV1 target

    May 2, 2016 by Canadian Mining Journal

    Roxgold (TSXV: ROG; US-OTC: ROGFF) expects to become a junior producer in June when it pours the first gold from its Yaramoko project in Burkina Faso. In the meantime, the company is adding 200,000 oz of gold to the project from

  • DIAMONDS: New standards for responsibly sourced, artisanal stones

    April 28, 2016 by Canadian Mining Journal

    OTTAWA – The Diamond Development Initiative (DDI),an organization focused on improving the lives of artisanal diamond miners, has launched the Maedeleo Diamond Standards. MDS is aimed at ensuring respect for human rights, the environment and community well-being. DDI executive director

  • News

    GOLD: True Gold achieves first production at the Karma mine

    April 11, 2016 by Canadian Mining Journal

    BURKINA FASO – True Gold Mining of Vancouver announced that it achieved the first gold production from its Karma gold mine on April 11, 2016. This is an open pit heap leach operation 185 km northwest of Ouagadougou. The leach

  • News

    GOLD: Kinross to move forward with Tasiast expansion

    March 30, 2016 by Canadian Mining Journal

    MAURITANIA – Toronto’s Kinross Gold is making plans to proceed with phase one of expansion at the Tasiast gold project. Mill capacity will be increased to 12,000 t/d from 8,000 t/d, a move that will not only boost output but