Canadian Mining Journal

  • News

    Lundin Mining discovery to extend Eagle mine life

    July 12, 2016 by Canadian Mining Journal

    VANCOUVER — Lundin Mining‘s (TSX: LUN; US-OTC: LUNMF) high-grade Eagle East nickel-copper discovery is on track to extend the life of its Eagle mine in northern Michigan. On June 29, the company released a maiden resource and preliminary economic assessment (PEA) on the satellite

  • News

    GOLD-SILVER: IDM begins underground drilling at Red Mountain

    July 11, 2016 by Canadian Mining Journal

    BRITISH COLUMBIA – IDM Mining of Vancouver continues to rehabilitate the underground equipment and workings at the Red Mountain gold-silver project that it has optioned from Seabridge Gold. The property, 15 km east of Stewart, will be the site of

  • News

    DIAMONDS: PEA puts Chidliak after tax NPV at $471M for Peregrine

    July 7, 2016 by Canadian Mining Journal

    NUNAVUT – The preliminary economic assessment is complete for phase one of the Chidliak diamond project on Baffin Island, 120 km northeast of Iqaluit, and owner Peregrine Diamonds of Vancouver is looking at a 10-year open pit project with attractive

  • News

    Pershing pens positive economics at Relief Canyon

    July 4, 2016 by Canadian Mining Journal

    Pershing Gold (NASDAQ: PGLC) has published a positive preliminary economic assessment (PEA) on the past producing Relief Canyon heap leach gold mine near Reno, NV showing it could produce 88,500 oz of gold annually over a 5.8-year mine life. “This is

  • News

    GRAPHITE: Robust PEA for Nouveau Monde’s Tony claim block West zone

    June 22, 2016 by Canadian Mining Journal

    QUEBEC – Nouveau Monde Mining Enterprises of Gatineau, QC, continues to test its Matawinie graphite property 130 km north of Montreal. The latest development is the receipt of a “robust” preliminary economic assessment for the West zone of the Tony

  • News

    GOLD: Maritime, Rambler let contract for Green Bay PFS, including Hammerdown

    May 16, 2016 by Canadian Mining Journal

    NEWFOUNDLAND – Maritime Resources Corp. of Vancouver and Rambler Metals & Mining of Baie Verte, NL, have awarded the contract for a prefeasibility study of their Green Bay property including the former Hammerdown gold mine and Orion gold deposit about

  • News

    GOLD: Falco shares positive PEA for Horne 5 project

    May 9, 2016 by Canadian Mining Journal

    QUEBEC – Montreal-based Falco Resources says the preliminary economic assessment of its Horne 5 gold project near Rouyn-Noranda points towards an economically viable mine. Falco points to the highlights: an all-in sustaining cost of US$427/oz of gold net of by-product

  • News

    ZINC-COPPER: PEA positive for Ivanhoe’s Kipushi redevelopment

    May 2, 2016 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Vancouver-headquartered Ivanhoe Mines has received the preliminary economic assessment for its redevelopment of the high grade Kipushi zinc-copper mine 30 km southwest of Lubumbashi. The PEA covers an underground mine, producing an average of 530,000

  • News

    GOLD: IDM closes private placement for Red Mountain work

    April 27, 2016 by Canadian Mining Journal

    BRITISH COLUMBIA – Vancouver-based IDM Mining has closed a $10.85 million private placement with proceeds earmarked for the Red Mountain gold project 15 km east of Stewart. IDM issued 75.0 million common units at a price of $0.09 per unit

  • News

    GOLD: Madsen PEA is positive news for Pure Gold

    April 20, 2016 by Canadian Mining Journal

    ONTARIO – Pure Gold Mining of Vancouver has a positive preliminary economic assessment for its Madsen gold project in the Red Lake mining district. The base case suggests developing a portion of the resources using the existing mine workings, existing

  • News

    Denison tables promising PEA for Wheeler River

    April 6, 2016 by Canadian Mining Journal

    Denison Mines’ (TSX: DML; NYSE: DNN) preliminary economic assessment (PEA) on its flagship Wheeler River uranium project in northern Saskatchewan’s Athabasca basin has left a good first impression on analysts. The project contains the high grade Gryphon and Phoenix deposits

  • News

    COPPER: Excelsior files updated PFS for Gunnison in situ project

    March 29, 2016 by Canadian Mining Journal

    ARIZONA – Excelsior Mining Corp. of Vancouver has filed an updated prefeasibility study for its Gunnison in situ copper development project 100 km southeast of Tucson. The update was done after Excelsior acquired the adjacent Johnson Camp copper mine and