Canadian Mining Journal



  • ZINC-COPPER: Hudbay closes $242M equity offering

    September 27, 2017 by Canadian Mining Journal

    TORONTO – Hudbay Minerals says it has closed its previously announced equity offering of 24 million shares at a price of $10.10 per share. Gross proceeds are $242.4 million. The company said it will use the net proceeds of the

  • News

    PUBLICATION: CEMI celebrates 10 years with new SUMIT program journal

    September 27, 2017 by Canadian Mining Journal

    SUDBURY, Ont. – CEMI (Centre for Excellence in Mining Innovation) celebrates a 10-year anniversary of delivering mining innovations by launching the SUMIT Program Journal at its annual general meeting. The publication is authored by researchers and students. This is a

  • News

    COPPER: Taseko granted permit for Florence test facility

    September 26, 2017 by Canadian Mining Journal

    ARIZONA – Taseko Mines of Vancouver now has the permit to proceed with the underground solution test plant at its Florence copper project 100 km southeast of Phoenix. The permit was issued following the decision of the Environmental Appeals Board

  • News

    GOLD: Leagold begins underground development of Bermejal deposit at Los Filos

    September 25, 2017 by Canadian Mining Journal

    MEXICO – Underground development of the Bermejal gold deposit has begun says Leagold Mining. The Bermejal underground will be mined concurrently with the Los Filos open pit in Guerrero. “The contribution from underground mining at Bermejal will add approximately 150,000

  • News

    GOLD: The Goldcorp pipeline examined

    September 25, 2017 by Canadian Mining Journal

    VANCOUVER – Goldcorp recently took a close look at its project pipeline that forms the basis of the company’s five-year 20/20/20 plan. This plan will see gold production and reserves rise by 20%, while all-in sustaining costs will fall by

  • News

    POTASH: Encanto secures $100 million injection

    September 20, 2017 by Canadian Mining Journal

    VANCOUVER – Encanto Potash Corp. of Vancouver has secured a commitment for $100 million of funding over the next three years from GEM Investments American and GEM Global Yield. As Encanto draws down the money, it will issue shares at

  • News

    Greek government bends on Eldorado’s ultimatum

    September 19, 2017 by Canadian Mining Journal

    Eldorado Gold (TSX: ELD; NYSE: EGO) has received three permits in quick succession and a formal notice of arbitration after announcing earlier this week that it will suspend all investment in Greece if the government doesn’t start to issue long delayed

  • News

    GOLD: Bulk sampling underway by RCG at Dufferin project

    September 14, 2017 by Canadian Mining Journal

    NOVA SCOTIA – Resource Capital Gold Corp. (RCG) of Vancouver is taking a 15,000-toonne underground bulk sample at its Dufferin gold  project. So far 5,330 tonnes of material grading 6.4 g/t gold have been mined, and test milling recovered 1,282.6

  • Feature

    Canada’s four newest gold mines

    September 13, 2017 by Alisha Hiyate

    Despite a tough environment for mine development, several new gold mines are coming online this year in Canada

  • News

    GOLD: Permitting delays push Eldorado out of Greece

    September 12, 2017 by Canadian Mining Journal

    VANCOUVER – Eldorado Gold Corp. says it is “suspending investment” at its mines, development projects and exploration properties in Greece. The company has experienced unresolved permitting delays that resulted in project postponements and cost overruns. With the exception of care

  • News

    ZINC: Ivanhoe in talks to reopen high grade Kipushi mine

    September 7, 2017 by Canadian Mining Journal

    DEMOCRATIC REPUBLIC OF CONGO – Vancouver-based Ivanhoe Mines is in talks with the state owned miner Gecamines and the country’s state owned railroad concerning the reopening of the high grade Kipushi zinc-copper mine. The mine is owned by Kipushi Corp.

  • News

    Silver Bear’s shares tumble on debt conversion by Russian shareholders

    September 7, 2017 by Canadian Mining Journal

    Shares of Silver Bear Resources (TSX: SBR) dropped after two major Russian shareholders announced that they are converting promissory notes at a sharp discount to the junior’s current share price. Inflection Management Corporation, an investment company owned by Russian businessman