Canadian Mining Journal


  • 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

  • News

    Lundin takes a US$262M shot at Freeport’s stake in Cukaru Peki

    March 9, 2016 by Canadian Mining Journal

    VANCOUVER — Mid-tier base metals producer Lundin Mining (TSX: LUN; US-OTC: LUNMF) has been hungry for copper over the past two years, and it’s hoping to have picked up a profitable red metal mine via the US$262-million deal for Freeport-McMoRan’s (TSX: FCX) stake

  • News

    GOLD: Centerra, government accord near for Gatsuurt mine

    February 4, 2016 by Canadian Mining Journal

    MONGOLIA – Centerra Gold of Toronto and the Mongolian government are nearing an accord that will allow the development of the Gatsuurt gold mine to move a step closer. The state has expressed willingness to accept a 3% net smelter

  • News

    COPPER-GOLD: Turquoise Hill secures $4.4B for Oyu Tolgoi

    December 15, 2015 by Canadian Mining Journal

    MONGOLIA – Vancouver-based Turquoise Hill Resources has arranged US$4.4 billion project finance facility for its Oyu Tolgoi copper-gold project in the South Gobi area. The funds will be provided by a syndicate that includes international financial institutions and export credit

  • News

    Reservoir Minerals teams up with Rio Tinto

    November 17, 2015 by Canadian Mining Journal

    For a junior company to entice a major to earn into an exploration project is impressive. To repeat that success with a different major on a separate set of concessions, and, at a dismal time in commodity markets, is nothing

  • News

    GOLD: Southern Arc updates exploration in Japan

    November 16, 2015 by Canadian Mining Journal

    JAPAN – Southern Arc Minerals of Vancouver is one of the very few Canadian juniors to tackle mineral exploration in Japan. The company recently received word that all 80 of its prospecting licence applications have been accepted for further review.

  • News

    Centerra takes US$18.1M hit at Kumtor

    November 2, 2015 by Canadian Mining Journal

    Centerra Gold (TSX: CG; US-OTC: CAGDF) widens its third quarter loss, but reduces its annual cost guidance to reflect lower operating costs at its Kumtor gold mine in the Kyrgyz Republic. The miner has been operating its flagship Kumtor mine since

  • News

    MACHINE GUIDANCE: Wenco wins contract with Polyus Gold in Siberia

    September 3, 2015 by Canadian Mining Journal Editor

    VANCOUVER – The Krasnoyarsk Division of Polyus Gold has chosen Wenco International Mining Systems to supply its high precision machine guidance systems for shovels and drills at three mine sites in eastern Siberia, Russia.

  • News

    GOLD: Barrick, Zijin form joint venture at Porgera

    August 31, 2015 by Canadian Mining Journal Editor

    PAPUA NEW GUINEA – Barrick Gold of Toronto and China’s Zijin Mining Group have created a joint venture in respect to Barrick’s 95% interest in the Porgera gold mine in the Enga province. Zijin bought into the project for…

  • Feature

    First Quantum Minerals makes its fortunes by going global

    August 1, 2015 by Russell Noble

    Head office for First Quantum Minerals is 543 Granville Street, 14th Floor, Vancouver, but like many Canadian mining companies, that’s primarily for administrative purposes where the mail is sent, so to speak, because most of the…

  • News

    Nautilus Minerals Inc.: Vessel Electrical Installation Contract Awarded to Siemens

    April 20, 2015 by Canadian Mining Journal Editor

    TORONTO, ONTARIO– April 20, 2015 – Nautilus Minerals Inc. (TSX:NUS)(OTCQX:NUSMF) (the “Company” or “Nautilus”) announces that the order for the supply of the entire electrical installation for the production support vessel has been…