Canadian Mining Journal



  • News

    GOLD-COPPER STUDY: Design revised for KSM project

    December 1, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA  – Toronto-based Seabridge Gold has revised and improved the design of its proposed KSM gold-copper mine 65 km northwest of Stewart, and completion of a new preliminary feasibility study is scheduled for April 2012.

  • News

    TANTALUM-LITHIUM STUDY: Pre-tax NPV for Rose deposit is $488 million

    November 21, 2011 by Canadian Mining Journal Editor

    QUEBEC – Critical Elements Corp. of Montreal is in receipt of the preliminary economic assessment for its Rose tantalum-lithium project in the James Bay area. The pre-tax net present value was estimated at $488 million at an 8% discount, and…

  • News

    DIAMOND STUDY: Positive feasibility study for Stornoway’s Renard project

    November 16, 2011 by Canadian Mining Journal Editor

    QUEBEC – The results of the feasibility study for the Renard diamond project in the north central part of the province are positive, according to owner Stornoway Diamond Corp. of Vancouver. The probable reserve is 18 million ct in 23 million…

  • News

    GOLD STUDY: Gowest releases PEA for Frankfield East deposit

    November 14, 2011 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Gowest Gold has released a promising preliminary economic assessment for the Frankfield East gold deposit 42 km northeast of Timmins. The study confirms a pre-tax net cash flow of US$265 million and a 3.3 year payback…

  • News

    GOLD STUDY: Rainy River PEA anticipates 329,000 oz/y at $553/oz

    November 10, 2011 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Rainy River Resources’ preliminary economic assessment (PEA) of its property  50 km horthwest of Fort Frances is positive. The study outlines a new open pit and underground producer that would have life-of-mine…

  • News

    TANTALUM-NIOBIUM STUDY: Promising PEA delivered for Upper Fir deposit

    November 3, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – Commerce Resources of Vancouver says the results of the preliminary economic assessment for its Upper Fir tantalum-niobium deposit are positive. The property is located near the village of Blue River, approximately 250 km…

  • News

    COPPER STUDY: Little Deer PEA outlines $110-M project

    November 1, 2011 by Canadian Mining Journal Editor

    NEWFOUNDLAND – The preliminary economic assessment for the Little Deer copper project 10 km north of Springdale is complete, and it foresees a viable new copper producer. The project is a 50:50 joint venture of Cornerstone Capital Resources of…

  • News

    NICKEL STUDY: PFS pegs Dumont project NPV at $1-B

    November 1, 2011 by Canadian Mining Journal Editor

    QUEBEC – Toronto-based Royal Nickel is looking at a net present value for its Dumont nickel project near Amos of US$1 billion (after tax). As the company anticipates pressing forward with the project, it points to low capital commitment, low…

  • News

    GOLD STUDY: Maverick pit and mill possible according to PEA

    October 31, 2011 by Canadian Mining Journal Editor

    MANITOBA – Toronto-based Auriga Gold has a positive preliminary economic assessment that proposes an open pit and mill refurbishment for the company’s Maverick gold property 65 km northeast of Flin Flon. The Maverick project includes the former…

  • News

    FRAC SAND STUDY: Stikine’s PEA positive for Nonda sand

    October 26, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The outlook for Vancouver-based Stikine Energy’s Nonda frac sand project just got brighter with a positive preliminary economic assessment. The project is located near the Horn River Basin, 190 km northwest of Fort Nelson.

  • News

    POTASH STUDY: Karnalyte eyes initial 625,000 t/y project

    October 24, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – Calgary-based Karnalyte Resources has received a positive feasibility study for its Wynyard potash project 175 km east of Saskatoon. Construction could start early in 2012 with production targeted for early 2014 at an initial…

  • News

    IRON ORE STUDY: PEA for Hopes gives Oceanic high hopes

    September 22, 2011 by Canadian Mining Journal Editor

    QUEBEC – Vancouver-based Oceanic Iron Ore Corp. has high hopes for its Hopes Advance iron ore property on the Ungava Peninsula All four of the scenarios it studied in the preliminary economic assessment were positive. The PEA examined a project…