Canadian Mining Journal

  • News

    Aquila tables feasibility study for Back Forty in Michigan

    August 7, 2018 by Canadian Mining Journal

    Nearly two months after receiving its final environmental permit, Aquila Resources (TSX: AQA; US-OTC: AQARF) has tabled a positive feasibility study for its Back Forty polymetallic project, located 19 km west of Stephenson, Michigan. “We can now focus the company’s resources on

  • News

    Newmont acquires 50% stake in Galore Creek project from NovaGold

    August 2, 2018 by Canadian Mining Journal

    Newmont Mining (NYSE: NEM) has acquired NovaGold Resources’ (TSX: NG; NYSE-AM: NG) 50% stake in the Galore Creek copper-gold project in B.C. for staged payments of up to US$275 million. Teck Resources (TSX: TECK.B; NYSE: TECK) owns the other 50% stake in the

  • News

    GOLD: Liberty publishes PEA for Goldstrike oxide deposit

    July 10, 2018 by Canadian Mining Journal

    UTAH – Vancouver’s Liberty Gold Corp. has published a positive preliminary economic assessment for its Goldstrike oxide gold deposit 50 km northwest of St. George. The company says the PEA confirms the project has low capex requirement and low operating

  • News

    Nickel Creek moves toward PEA at Nickel Shaw in Yukon

    July 4, 2018 by Canadian Mining Journal

    Nickel Creek Platinum (TSX: NCP; US-OTC: NCPCF) is wrapping up phase 2 metallurgical testing at its Nickel Shaw polymetallic project near Destruction Bay, Yukon, about 317 km northwest of Whitehorse, and says it will announce the results by the end of

  • News

    Iamgold makes headway in West Africa

    June 20, 2018 by Canadian Mining Journal

    It’s been a big year in West Africa for Iamgold (TSX: IMG; NYSE: AIG). The company kicked off 2018 with high grade assay results from its Siribaya gold project in Mali and completed a prefeasibility study on its Boto gold project in

  • News

    GOLD-SILVER: Deer Horn points to positive PEA for eponymous project

    June 6, 2018 by Canadian Mining Journal

    BRITISH COLUMBIA – Deer Horn Capital of Vancouver has received a positive preliminary economic assessment for its Deer Horn gold-silver-tellurium project in the north-central part of the province. The study assess a nine-year open pit operation with a 1.6-year payback.

  • News

    DIAMONDS: Star Diamond files PEA for Star-Orion South project

    May 31, 2018 by Canadian Mining Journal

    SASKATCHEWAN – Star Diamond Corp. of Saskatoon has filed the preliminary economic assessment for its Star-Orion South project 60 km east of Prince Albert. The report estimates that 66 million carats of diamonds could be recovered from an open pit

  • News

    Marathon Gold finishes PEA on Valentine Lake

    May 24, 2018 by Canadian Mining Journal

    The first economic assessment of Marathon Gold’s (TSX: MOZ) Valentine Lake gold project in Newfoundland could host a “very robust” and “low cost” operation, president and CEO Phillip Walford says. The much anticipated study outlined an 11-year mine life and life-of-mine

  • News

    GOLD: Eastmain offers PEA with $175M capex for Eau Claire

    May 23, 2018 by Canadian Mining Journal

    QUEBEC – Toronto-based Eastmain Resources says the preliminary economic assessment for its Eau Claire gold project in the James Bay region points to a pre-production capex of $175 million. That would see the development of both an open pit and

  • News

    ZINC-LEAD: Callinex files Nash Creek PEA with 34% IRR and $230M NPV

    May 14, 2018 by Canadian Mining Journal

    NEW BRUNSWICK – Callinex Mines of Vancouver  has completed the preliminary economic assessment for the Nash Creek and Superjack zinc-lead projects not far from Belledune. The preliminary economic assessment outlines a 10-year, 3,900 t/d open pit mine with a dense

  • News

    Gold Fields bets big on South America

    May 7, 2018 by Canadian Mining Journal

    Since discovering Salares Norte in the Atacama region of northern Chile in 2011, Gold Fields (NYSE: GFI) has carved out a resource from the project’s two orebodies of 3.66 million oz. of gold and 49.46 million oz. of silver. The South

  • Feature

    Using Monte Carlo simulation for financial forecasting

    May 1, 2018 by Chris Olmstead and Krzysztof Wolyniec

    How to improve financial forecasting using the Monte Carlo simulation