Canadian Mining Journal


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  • News

    Rio Tinto struggles with iron ore, Oyu Tolgoi in first quarter

    April 16, 2014 by Canadian Mining Journal Editor

    VANCOUVER — Despite setting a variety of production records during the first quarter, major Rio Tinto (NYSE: RIO; LON: RIO) is not off to the best start to 2014. The company struggled with weather issues at its iron ore operations in…

  • News

    REVIEW: Bre-X – Dead Man’s Story

    April 1, 2014 by Canadian Mining Journal Editor

    You don’t have to be an industry insider to remember the story of Bre-X – the 200 million oz of gold in the jungles of Borneo that disappeared overnight. The story of the company’s rollercoaster ride – propelled by enormous greed…

  • News

    STEEL: New plant to use nickel sulphide conc in making stainless steel

    March 24, 2014 by Canadian Mining Journal Editor

    CHINA – Tsingshan Holding Group is building the world’s first integrated nickel pig iron plant to use nickel sulphide concentrate as part of the stainless steelmaking process. According to information supplied by Toronto’s Royal Nickel…

  • News

    Centerra posts strong Q4, unveils Oksut PEA

    February 25, 2014 by Canadian Mining Journal Editor

    VANCOUVER — Producer Centerra Gold (TSX: CG) has been making headlines due to its negotiation with the Kyrgyzstani government over the ownership structure at its flagship Kumtor gold mine 350 km due southeast of the capital Bishkek, but…

  • News

    Centerra steps closer to restructuring Kumtor’s ownership

    February 11, 2014 by Canadian Mining Journal Editor

    Centerra Gold (TSX: CG) says Kyrgyzstan’s parliament has passed a resolution that appears to support the new ownership structure for the country’s largest gold mine, despite several “materially inconsistent”…

  • News

    GOLD: Centerra beats 2013 guidance, lowers outlook for 2014

    January 13, 2014 by Canadian Mining Journal Editor

    TORONTO – Centerra Gold said its Kumtor and Boroo mines produced a total of 690,720 oz of gold in 2013. The Kumtor mine in the Kyrgyz Republic produced the lion’s share – 600,402 oz – and the Boroo mine in Mongolia contributed…

  • News

    COPPER-GOLD: Turquoise Hill makes $2.4B rights offering

    November 26, 2013 by Canadian Mining Journal Editor

    VANCOUVER – Turquoise Hill Resources has filed the final prospectus in the relevant jurisdictions for a US$2.4 billion rights offering. The net proceeds will repay the outstanding amounts of the company’s interim funding facility and its…

  • News

    Continued Oyu Tolgoi delays force Turquoise Hill into $2.4B rights offering

    November 18, 2013 by Canadian Mining Journal Editor

    VANCOUVER – Four unresolved issues mean Turquoise Hill Resources (TSX: TRQ) and the Mongolian government will have to spend more time at the negotiating table before work on the underground expansion at the Oyu Tolgoi copper-gold mine can…

  • News

    GOLD: Centerra plans shuffle for Kumtor mine

    September 10, 2013 by Canadian Mining Journal Editor

    KYRGYZSTAN – Centerra Gold of Toronto is working on a deal with the government of Kyrgyzstan concerning the Kumtor gold mine in that country. If completed as planned, Kyrgyzaltyn JSC (representing the government) would exchange its 32.7%…

  • ENVIRONMENT: BioteQ, Jiangxi Copper agree to build third water treatment plant

    August 6, 2013 by Canadian Mining Journal Editor

    CHINA – BioteQ Environmental Technologies has signed an agreement with joint venture partner Jiangxi Copper Company (JCC), the largest copper mining company in China, to build a water treatment plant at the Yinshan mine site. Yinshan is a…

  • News

    Turquoise Hill sinks on Oyu Tolgoi delay

    July 30, 2013 by Canadian Mining Journal Editor

    Turquoise Hill Resources (TSX: TRQ; NYSE: TRQ) plunged nearly 20% after the miner’s parent company Rio Tinto (LSX: RIO; NYSE: RIO) said it has halted underground work at the Oyu Tolgoi mine until the Mongolian parliament approves the…

  • News

    IRON ORE: Black Iron picks up local partner for Ukraine projects

    July 23, 2013 by Canadian Mining Journal Editor

    UKRAINE – Black Iron of Vancouver and Metinvest BV, Ukraine’s largest mining and steel producer, have signed a deal to jointly develop Black Iron’s Shymanivske and Zelenivske iron ore projects in Kryvyi Rih. Metinvest will make an initial…