Canadian Mining Journal



  • News

    Cape Breton mine records two million accident-free hours

    August 1, 2012 by Canadian Mining Journal Editor

    Safety is more than just a mantra or a slogan at the Canadian Gypsum Co.’s Little Narrows mine, located on Cape Breton Island, Nova Scotia.

  • News

    RECOGNITION: New Afton mine recognized as corporate champion for Aboriginal business

    July 30, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – The New Afton copper-gold mine belonging to New Gold of Vancouver has been selected by the Industry Council for Aboriginal Business (ICAB) as a recipient of the Corporate Champion for Aboriginal Business Award. The…

  • News

    GOLD MINING: Kirkland Lake raises $57.5M for expansion

    July 19, 2012 by Canadian Mining Journal Editor

    ONTARIO – Kirkland Lake Gold (KL Gold) has closed a private placement of 6% convertible unsecured subordinated debentures worth $57.5 million. The amount includes the overallotment taken up by the underwriters. The money will be used to…

  • News

    Cameco “powers on” to the future

    July 19, 2012 by Canadian Mining Journal Editor

    Cameco Corporation and uranium are both rare and valuable assets to the Canadian economy. In fact, the Saskatoon-based company and its Athabasca Basin deposits in Saskatchewan are more than rare and valuable; they’re almost national…

  • News

    Paladin Energy turns the corner

    July 18, 2012 by Canadian Mining Journal Editor

    Despite two months of unplanned shutdowns to upgrade the plant and complete remediation work due to land movement at its Kayelekera open pit uranium mine in Malawi, Paladin Energy still managed to increase production there by 14% in the fiscal…

  • News

    GOLD MINING: Bachelor bulk sample gold content 25% higher than forecast

    July 12, 2012 by Canadian Mining Journal Editor

    QUEBEC – Metanor Resources of Val d’Or, QC, says the 5,000-tonne bulk sample from its Bachelor project in Le Sueur township yielded 25.1% more gold than forecast. Processing recovered 1,033 oz of gold rather than the expected 826 oz.

  • News

    FUNDING: North American Palladium offers debentures worth $43 million

    July 11, 2012 by Canadian Mining Journal Editor

    ONTARIO – North American Palladium of Toronto is raising $43 million through the offering of 43,000 convertible unsecured subordinated debentures at a price of $1,000 each. The underwriting syndicate will be led by Scotia Capital and…

  • News

    FOR SALE: North American Palladium to divest Vezza gold mine

    July 9, 2012 by Canadian Mining Journal Editor

    QUEBEC – Now that it has all the permits for its Vezza gold mine 25 km south of Matagami have been received, owner North American Palladium of Toronto has announced its intention to divest the property.

  • News

    GOLD-COPPER MINING: Production begins at New Afton mine, mill

    July 3, 2012 by Canadian Mining Journal Editor

    BRITISH COLUMBIA – New Gold of Vancouver says production at its New Afton gold-copper mine and mill has begun, with the first ore fed to the mill on June 28, 2012. The mill is running continually, and the company expects commercial…

  • News

    GOLD MINING: Kirkland Lake raises $50M for expansion

    June 28, 2012 by Canadian Mining Journal Editor

    ONTARIO – Kirkland Lake Gold, headquartered in the town of the same name, is raising $50 million with which to expand its gold mining operations. The underwriters, led by Dundee Securities, have agreed to purchse 50,000 convertible…

  • News

    Western Potash takes novel approach

    June 28, 2012 by Canadian Mining Journal Editor

    When Western Potash Corp. starts commercial production at its Milestone potash mine in 2016 it will draw much of its water from treated sewage effluent from the city of Regina, about 30 km away.

  • News

    GOLD MINING: Kyrgyz government review of Kumtor puts Centerra on edge

    June 27, 2012 by Canadian Mining Journal Editor

    KYRGYZSTAN – A parliamentary review of the Kumtor gold mine belonging to Centerra Gold of Toronto has the company defending its position and taking a hit on the stock price earlier this week.