Canadian Mining Journal


Asia


  • News

    SAFETY: RCT’s smart technology increases mine safety and productivity in China

    August 31, 2016 by Canadian Mining Journal

    Canadian-miner Eldorado Gold’s decision to deploy RCT’s smart technology at its White Mountain gold mine in northeastern China saw both the safety culture strengthen and mine productivity increase at the same time. Prior to implementing the new technology, White Mountain

  • News

    GOLD: Lydian breaks ground at Amulsar project

    August 23, 2016 by Canadian Mining Journal

    ARMENIA – Toronto’s Lydian International held a ground-breaking ceremony on Aug. 19 at its 100% owned Amulsar gold project. The activity was attended by about 100 guests, including Armenian politicians, representatives of the global banking community, ambassadors of the United

  • MERGER: Centerra, Thompson Creek to unite in $1.1B deal

    July 6, 2016 by Canadian Mining Journal

    TORONTO and DENVER – Centerra Gold and Thompson Creek Metals Company have struck a friendly deal for Centerra to acquire all of the shares of Thompson Creek in an arrangement worth US$1.1 billion. Thompson Creek shares will be exchanged on

  • MERGER: Southern Arc, Sky Ridge create new explorer in Japan

    July 6, 2016 by Canadian Mining Journal

    JAPAN – Vancouver-based Southern Arc Mineral has signed a letter of intent to sell its wholly owned subsidiary, Southern Arc Minerals Japan, to Sky Ridge Resources of Vancouver. A new company, Japan Gold Corp., will be launched to pursue 80

  • Newmont exits Indonesia with US$1.3B asset sale

    July 6, 2016 by Canadian Mining Journal

    VANCOUVER — Newmont Mining (NYSE: NEM) indicated earlier this year that it was in talks to divest its Indonesian business unit to a consortium of local investors, and on June 30 it hammered out a US$1.3-billion deal with PT Amman Mineral Internasional

  • News

    BASE METALS: Nautilus upgrades 43-101 for CCZ resource

    July 4, 2016 by Canadian Mining Journal

    PACIFIC OCEAN – Toronto-based Nautilus Minerals has upgraded the 43-101 estimate for its Clarion-Clipperton zone project under the direction of its subsidiary, Tonga Offshore Mining Ltd. CCZ is a large deposit of polymetallic nodules in the tropical north Pacific at

  • News

    Kincora eyes massive land position in Mongolia’s South Gobi

    June 30, 2016 by Canadian Mining Journal

    VANCOUVER — Kincora Copper (TSXV: KCC; US-OTC: BZDLF) hopes that a renewed sense of political stability in Mongolia will reinvigorate investor interest, and it recently doubled down on the country with a deal that gives it one of the largest land positions

  • 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

  • Centerra to appeal environmental fines

    June 1, 2016 by Canadian Mining Journal

    Centerra Gold’s (TSX: CG) subsidiary has been ordered to pay US$98 million for environmental damages at the Kumtor gold mine, and faces another US$225 million in environmental fines, all of which the company intends to appeal. On May 25, the

  • Eldorado exits China with US$900-million in asset sales

    May 18, 2016 by Canadian Mining Journal

    VANCOUVER — It took roughly two years, but producer Eldorado Gold (TSX: ELD; NYSE: EGO) has finally divested all of its production and development assets in China. On May 16 the company announced the sale of its White Mountain and Tanjianshan mines, and

  • News

    Erdene rises on Bayan Khundii gold discovery in Mongolia

    May 16, 2016 by Canadian Mining Journal

    VANCOUVER — Erdene Resource Development’s (TSX: ERD; US-OTC: ERDCF) interest in Mongolia dates back to the late 1990s, and so it has experienced the good and bad times in the oft-volatile country. The company’s dedication may be about to pay off, however, due to its wholly owned Bayan Khundii

  • News

    Rio Tinto could be ready for a Turquoise Hill takeover, analysts say

    March 23, 2016 by Canadian Mining Journal

    VANCOUVER — It’s not a secret that many in the mining community are pretty bullish on copper’s long term prospects. There’s some disagreement over the timeline for recovery, but typical analyst models assume a supply deficit for the red metal