Canadian Mining Journal

  • News

    INVESTMENT: Project owners in Quebec boost spending

    November 15, 2017 by Canadian Mining Journal

    QUEBEC CITY – The Quebec Mining Association says the most recent publication from the Institut de la statistique du Québec (ISQ) is good news. The numbers show that the cyclical downturn of recent years is reversed, and mining companies are

  • News

    AWARDS: PDAC names 2018 award recipients

    November 15, 2017 by Canadian Mining Journal

    TORONTO – The Prospectors and Developers Association of Canada has announced the winners of its seven major awards. The presentations will be made at the annual convention at a gala on March 6, 2018. Here is the list: Bill Dennis

  • News

    GOLD: Falco chooses Sandvik to supply Horne 5 mining fleet

    November 13, 2017 by Canadian Mining Journal

    QUEBEC – Falco Resources of Montreal has signed a $60-million agreement to purchase the mining fleet for the Horne 5 underground gold project from Sandvik Mining and Rock Technology. The project, located in Rouyn-Noranda, could produce its first gold in

  • News

    GOLD: Sage pours first doré bar from Clavos mine

    November 9, 2017 by Canadian Mining Journal

    ONTARIO – Sage Gold of Toronto says the first doré bar has been poured using the first bulk sample material from the Clavos gold mine 45 km northeast of Timmins. The ore was treated at the Stock mill owned by

  • News

    COBALT-GOLD: Fortune mulls 20-30% bump in NICO output

    November 9, 2017 by Canadian Mining Journal

    NORTHWEST TERRITORIES – Fortune Minerals of London, Ont., is considering a 20% to 30% increase in the output from its NICO cobalt-gold-bismuth-copper project 160 km northwest of Yellowknife. The 2014 feasibility study will be updated to an annual production of

  • News

    PHOSPHATE: Demand grows for Arianne high purity concentrate

    November 8, 2017 by Canadian Mining Journal

    QUEBEC – Arianne Phosphate, headquartered in Saguenay, Que., is producing additional phosphate concentrate at its Lac a Paul development project due to the growing interest it has received from potential customers. The project is located in the Saguenay-Lac-Saint-Jean region. The

  • GOLD-COPPER: Centerra offers $310M for AuRico and its Kemess project

    November 7, 2017 by Canadian Mining Journal

    TORONTO – Centerra Gold and AuRico Metals are planning a friendly amalgamation of their businesses. Centerra will acquire all of the issued and outstanding shares of AuRico for $1.80 per share, representing a transaction value of $310 million. The price

  • News

    REPORT: Juniors enter period of cautious optimism

    November 6, 2017 by Canadian Mining Journal

    TORONTO – Canada’s junior mining sector is seeing renewed confidence as market capitalization rose, according to PwC Canada’s Junior mine 2017 report released on Nov. 6. Capitalization of the top 100 juniors on the TSX Venture Exchange reached $12.2 billion,

  • News

    GOLD: Drilling confirms continuity at Golden Predator’s 3 Aces project

    October 25, 2017 by Canadian Mining Journal

    YUKON – Vancouver’s Golden Predator Mining continues to drill – 20 reverse circulation holes –  at its 3 Aces project. Results confirmed the strike length of the Ace of Hearts vein to be 600 metres and the extension of mineralization

  • News

    GOLD: Lundin orders long lead time processing equipment for Fruta del Norte project

    October 18, 2017 by Canadian Mining Journal

    ECUADOR – Vancouver-based Lundin Gold says it has ordered long lead time grinding equipment for the Fruta del Norte gold mill. The package includes the SAG and ball mills complete with motors to be supplied by Outotec Chile. Outotec was

  • News

    GOLD: Victoria drills 14.65 g/t from Catto zone at Dublin Gulch

    October 17, 2017 by Canadian Mining Journal

    YUKON – Toronto-based Victoria Gold Corp. has received additional results from the on-going 2017 Dublin Gulch gold exploration program 375 km north of Whitehorse, in the Mayo district. The most recent results comes from the Catto zone, located between the

  • IRON ORE: Champion moves closer to Bloom Lake reopening

    October 16, 2017 by Canadian Mining Journal

    QUEBEC – Champion Iron of Montreal has moved another step closer to reopening the Bloom Lake iron ore mine with the non-brokered sale of a $31.2 million subordinated unsecured mandatory convertible debenture to Glencore International. The debenture will mature in