Canadian Mining Journal



  • News

    GOLD: New shaft for Agnico’s Kittila mine in Finland

    February 20, 2018 by Canadian Mining Journal

    FINLAND – Agnico Eagle’s board of directors has approved adding a 1,044-metre-deep shaft at its Kittila gold mine. At the same time, milling capacity will be boosted 25% to 30%, increasing annual production to 250,000 oz. of gold by 2021.

  • News

    COPPER: First Quantum gives Cobre Panama 15% boost

    February 12, 2018 by Canadian Mining Journal

    PANAMA – The board of Toronto’s First Quantum Minerals has approved the expansion of milling capacity by 15% to 85 million t/y at the Cobre Panama copper project being developed 120 km west of the capital city. Additional upgrades were

  • News

    GOLD: Premier sets $83M development, exploration budget

    January 30, 2018 by Canadian Mining Journal

    THUNDER BAY, Ont. – Premier Gold Mines has announced plans to spend up to $83 million (all U.S. dollars) for exploration and development of its eight properties in North America. Premier’s 2018 budget includes $38.8 million for direct exploration and

  • News

    GOLD: Rubicon continues to explore Phoenix potential

    January 23, 2018 by Canadian Mining Journal

    A high grade gold sample from the Phoenix gold project. (Image: Rubicon Minerals) ONTARIO – Rubicon Minerals Corp. of Toronto continues to explore the Phoenix gold project near Red Lake with the announcement that it will spend $15 million to

  • News

    GOLD: Kirkland Gold plans new shaft at Macassa to reach 1M oz/yr goal

    January 22, 2018 by Canadian Mining Journal

    ONTARIO – Coming off an excellent 2017 that saw the company top 620,000 oz. of gold produced, Toronto’s Kirkland Lake Gold is setting its sights on 1.0 million oz./yr. Chief among the means to reach that goal is sinking a

  • News

    GOLD: Lundin secures a further $300M for Fruta Del Norte build

    January 22, 2018 by Canadian Mining Journal

    ECUADOR – Lundin Gold of Vancouver has secured credit approval for US$300 million of senior debt facility for the continuing development of the Fruta Del Norte underground gold mine in the Cordillera del Condor region. Total pre-production cost of the

  • News

    COPPER-GOLD: Franco-Nevada acquires additional Cobre Panama stream for $178 million

    January 22, 2018 by Canadian Mining Journal

    PANAMA – Toronto-based Franco-Nevada Corp. has agreed to acquire an additional precious metals stream from Korea Resources, holder of a 10% interest in the Cobre Panama copper-gold project in this country. Franco-Nevada will pay US$178 million for the additional ounces.

  • News

    COPPER-GOLD: Second shaft ready to fit at Oyu Tolgoi

    January 22, 2018 by Canadian Mining Journal

    MONGOLIA – Vancouver-based Turquoise Hill Resources says it had reached a milestone at the Oyu Tolgoi copper-gold mine as the second shaft has reached its planned depth of 1,284 metres. It will be fitted out through this year. The No.2

  • News

    GOLD: Wallbridge to start Fenelon bulk sampling

    January 16, 2018 by Canadian Mining Journal

    QUEBEC – Toronto-based Wallbridge Mining Co. has received the needed permits and approvals to begin bulk sampling at its Fenelon gold project 73 km northwest of Matagami. The board recently approved mining a 35,000-tonne sample. Preparations are underway to dewater

  • News

    COPPER-GOLD: Falco moving Horne 5 toward 2022 start

    January 10, 2018 by Canadian Mining Journal

    QUEBEC – Falco Resources of Montreal continues to move its Horne 5 copper-gold project toward a 2022 start up. The project, that represents an investment of $1.3 billion for both pre-production and sustaining costs, is located at Rouyn-Noranda. Construction of

  • News

    GOLD: Equinox expects gold pour at Aurizona by year-end

    January 9, 2018 by Canadian Mining Journal

    BRAZIL – Vancouver’s Equinox Gold – formed late last year by the merger of Trek Mining, NewCastle Gold and Anfield Gold – is moving its Aurizona gold project to full construction. The first gold pour is anticipated by the end

  • News

    GOLD-SILVER: Canamex updates PEA for Bruner

    January 8, 2018 by Canadian Mining Journal

    NEVADA – Canamex Gold Corp. of Vancouver has updated the preliminary economic assessment for its Bruner gold project in Nye County, Nev. The update adds 93,000 oz. of gold and 826,000 oz. of silver to the indicated resource. The base