Canadian Mining Journal



  • 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…

  • News

    URANIUM STUDY: Roughrider PEA puts NPV at $1 billion

    September 13, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – Vancouver’s Hathor Exploration has completed an encouraging preliminary economic assessment for two of three zones at its Roughrider uranium project in the Athabasca Basin.

  • News

    IRON STUDY: Kami PEA carries $1-B development price

    September 8, 2011 by Canadian Mining Journal Editor

    LABRADOR – The preliminary economic assessment for developing the Rose Central deposit of the Kamistiatusset iron ore property comes with a US$989 million price tag says owner Alderon Resource Corp. The property is 6 km south of the Wabush…

  • News

    ZINC-LEAD STUDY: PEA available for ScoZinc mine

    August 30, 2011 by Canadian Mining Journal Editor

    NOVA SCOTIA – The preliminary economic assessment is positive for reopening the ScoZinc zinc-lead mine near Gays River. Owner Selwyn Resources of Vancouver recently raised $30 million, sufficient to reopen the mine, provide a 15% contingency…

  • News

    NICKEL STUDY: Eagle’s Nest PFS points to three-year payback

    August 24, 2011 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Noront Resources has released the pre-feasibility study for its Eagle’s Nest nickel-copper-PGM project in the Ring of Fire. According to the PFS, the mine will pay for itself after three years of operation.

  • News

    NICKEL STUDY: Optimization boosts Minago NPV to $720 million

    August 10, 2011 by Canadian Mining Journal Editor

    MANITOBA – Toronto-based Victory Nickel said that project optimization resulted in improved economics for its Minago nickel project in the Thompson Nickel Belt. The base case internal rate of return (IRR) has increased to 22.9% from the…

  • News

    GOLD-COPPER STUDY: Outlook good for Kemess underground

    August 2, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The preliminary economic assessment of the Kemess underground development owned by Northgate Minerals of Vancouver is positive. The nearby Kemess South open pit near Smithers ran out of ore earlier this year, and the 52,000…

  • News

    COPPER-GOLD STUDY: Galore Creek PFS forecasts $5.2 billion capex

    July 28, 2011 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – NovaGold Resources of Vancouver has released the pre-feasibility study for the Galore Creek copper-gold project 150 km northeast of Stewart. Putting the project fully into production could carry a price tag of $5.2 billion….

  • News

    FEASIBILITY STUDY: Star-Orion South positive with 34.4-million-carat minable resource

    July 14, 2011 by Canadian Mining Journal Editor

    SASKATCHEWAN – The results of the combined Star-Orion South feasibility study points toward world class mine, Shore Gold of Saskatoon announced on July 14, 2011. The report covers both Shore’s 100% owned Star diamond project and the Fort a la…

  • News

    GOLD-BASE METAL DEVELOPMENT: HudBay commits to new concentrator at Lalor project

    July 6, 2011 by Canadian Mining Journal Editor

    MANITOBA – HudBay Minerals of Toronto has completed the optimization study for its Lalor gold-copper-zinc project and decided to build a new concentrator and paste fill plant at the mine site near Snow Lake. Results of the study indicate that…

  • News

    REO-URANIUM STUDY: Pele Mountain’s Eco Ridge start-up to cost US$212 million

    July 6, 2011 by Canadian Mining Journal Editor

    ONTARIO – Toronto-based Pele Mountain Resources has released the results of the preliminary economic assessment of its Eco Ridge uranium and rare earths project in Elliot Lake. The mine and a 9,400-t/d plant would generate two-thirds of its…